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Inspirational Story: Most of us would crib about shelling out a few hundred rupees for charity. But how about donating the entire's life's earning for the well-being of others? Our inspiration for this month is a person who has given a new meaning to the word charity. Please read the full article to know about Mr Palam Kalyanasundaram. You will be surprised to know that such is this person's level of service, humility and simplicity that even the megastar Rajnikanth has adopted him as his father. Early life: No words can describe the beauty of this man’s kindness. Palam was born in Melakarivelamkulam, Tamil Nadu. Born to a humble family, Palam lost his father when he was just a year old. It was a small village with just 30 houses then with no roads, no buses, no school, no electricity and not even a petty shop. Palam studied in the light of a kerosene lamp or by candlelight till he was about ten years old. After completing school, he was determined to pursue a ...

Life long Lessons for Investors Successful investors have a lot to share from their experiences which goes beyond just numbers. Almost every such person would agree that investment success is linked much more to investor behaviour and investment approach more than anything else in investing. It practically has nothing to do with choosing best performing products or market timing but everything to do with how you see and manage things over time. The following are a few of the priceless lessons that successful investors often share with others. Big picture: You don’t want to look at one little piece of the pie. As an investor, you should always have a big picture in your mind whenever you are assessing your investments. The big picture is looking at your entire net-worth and cash flows. This takes into consideration all your assets and liabilities in mind, plus all your incomes and expenses. It should also take into consideration the risks that you are facing, both phy...

Guaranteed ways to lose money  There are exist a lot of products or should we say things or habits that lead to wealth destruction. Every product and asset class has its unique features, but it is important to understand that every asset class is different from the other and is having its own peculiar risks. If you play with an asset class in the wrong way, it can destruct your wealth in a big way rather than creating it for you. Let's have a look at some of the practices, which help in losing money Day Trading Day trading, simply put is the activity of buying and selling the shares on a single day without taking any deliveries with a purpose to gain from the daily volatility in the stock prices. Day trading is the most common practice followed by new entrants into Equity investing. This would also apply to people who buy on deliver but to hold it only for a few days or weeks to benefit from trend movement. There are many so-called experts and even coaching institution...

Sahib Sri Guru Nanak Dev ji right from childhood had condemned the useless rituals like janeu, rubbing ash on body, fasting, shedding clothes, reciting mantras, performing yagnas, sacrificing in the name of religion, sati custom and similar rituals which bring no gain to life. The same Jot traveled from 2nd to 10th Nanak and they also guarded the values put forth by Baba Nanak. The details on why these rituals should not be practiced can be found in Hymns of Sri Guru Granth Sahib. One of these rituals has found a large following in Sikh women in our times and that is Karva Chauth.Sikh women observing Karva Chauth indulge in such useless rituals because of three reasons – their narrow mindedness, influence of a society spoilt with futile practices and lack of knowledge. They are caught in this web as they are deprived of teachings of Gurbani and lack knowledge of what the true fasting is.On the Karva Chauth day, the women fast for the whole day and don’t partake food, or even d...

Tata India Tax Savings Fund Investment Objective:  To provide medium to long term capital gains along with income tax relief to its unitholders while emphasizing the importance of capital appreciation. Fund Manager: Mr. Rupesh Patel, has experience of 18 years. He has been managing this fund since April 2015. Scheme Snapshot: Type : ELSS Fund AUM : Rs 1,816 Crs NAV (Gr) : Rs. 18.81 Expense Ratio: 2.11% Inception  Date : March 1996 Benchmark : S&P BSE SENSEX TRI Avg Mkt Cap : Rs 1,30,000 crs Note : Avg market cap is based on available portfolio detail of 94% of equity holdings PERFORMANCE ANALYSIS  SIP PERFORMANCE

A controversial Bill passed in Iran, it allows men to marry daughters, draws flak from other nations? Iran Parliamentarians have moved a bill in order to protect the rights of children which includes a clause that lets a man marry his own adopted daughter considering the fact that she is 13 years old. However, activists of the country have expressed alarm that the bill sanctioned by parliament, gives an opportunity for the caretaker of a family to marry his or her adopted child if a court orders it is in the best interests of the individual child. Iran’s Guardian Council, a body of clerics and jurists which reviews all parliamentary bills before the constitution and the Islamic law, has yet to give its final verdict on the controversial legislation. To the shock of rights campaigners, girls in the Islamic republic can marry as young as 13 years old if they seek permission from their father. On the other hand, boys can marry only after the age of 15. In Iran,...

TICKET WITHOUT A SEAT The real kindness is when you are ready to give up something that you need yourself.