The Will, the way and the worth

Will and testament - How to make

Raj Narayan Singh was an icon. A man with humble beginnings, he worked hard to rise to a position of influence. He had a large happy family, a prominent social status and a solid reputation in the industry. He was constantly busy in fulfilling his duties towards each.

But God has strange ways. Raj Narayan suffered a heart attack and passed away immediately. All his dreams came unfolded. His 2 sons started to spar over dividing the family business and the personal estate of Raj Narayan. Raj Narayan’s younger brother too is claiming a share.All the dirty linen is being washed in full public view.

Unfortunately, Raj Narayan had left no document to ensure that after his demise the assets are passed on to the family members in a peaceful way and love in the family persists. The court cases have been filed and the battle seems to be a long one.

Does this read like a scene from a movie?

Well, it is not. It is the reality.

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New Investor: Beware of Direct plans

direct plans are not for new investors

“Are direct plans all that beneficial?” was a twitter headline I read this morning and I was stumped.

To me:

This summarises all that is wrong about the understanding about the direct plans of mutual funds.

The popular media and some advisors too has also not been able to hold its horses and has given out interpretations and views that show the direct plans in not so good light. So much so that it has been declared that new investors should not invest in direct plans.

Now, the investor is left utterly confused. In this post, I will try and bring out the facts and help you, the investor, to make the right decisions about direct plans.

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