A.R. Rahman's Journey to the Oscars - International Indian

TII INVESTORth16ANNI V ERSARYTAILOR MADEADVICE FORTII READERS!HOW TOINVEST2009TII introduces a new personal finance section powered by www.personalfn.com.Personalfn is an eight year old Mumbai headquartered company, and offers unbiased,tailormade advice to help you plan and structure your financial goals.SATISH MEHTA, Director, Personalfn tells how NRIs can benefit from these services.location. It will truly make life somuch simpler for them!And, finally, we offerpaid subscription services onmutual funds. One is a weeklyrecommendation on mutualfunds, FUNDSELECT. The otherservice, FUNDSELECT Plus isa recommendation of six mutualfund portfolios for various timehorizons and risk appetites.QHow can Personalfn helpNRIs?APersonalfn has many existingNRIs as its clients for all ofits three services. NRIs that arelooking for unbiased expert adviceon investing in India can get intouch with Personalfn. This can bedone over the phone, email or whenNRIs visit India they can get in touchwith us in one of the 8 cities where we have an office. Our website – www.personalfn.com is probably the best way to get more contact details.QDo you have a branch in the Gulf?ACurrently, we do not have a branch in the Gulf. Having said that,it should not prevent NRIs from obtaining the right advice bysubscribing to one of our services.QWhat is your advice for NRIs?AMarkets, world wide are in a state of turmoil and 2009 is the year ofuncertainty! Even Nostradamus would find it difficult to forecast whereall asset classes will be in December 2009. I would advice NRIs to keep calmand not react to short term speculative directions that the markets may take. Themedium to long term story is still valid. Markets in India have become veryattractive and it would be a good time for NRI investors to have a look at theirportfolios and allocate money to Indian investments in line with their plans. TheIndian GDP growth will, in our estimate be around 6.5%. For example, givenwhere the BSE index is currently, there must be attractive valuations availableon select scrips. The important thing is to first create a financial and investmentplan. The plan then helps identify the right investments that would help you toachieve your objectives as envisaged in the plan.QWhat is Personalfn?APersonalfn is an eight year oldcompany promoted by AjitDayal (Quantum). By providingfinancial planning advice, weprovide plans to individuals toSatish Mehta,Director, Personalfn enable them to meet their financialgoals and commitments.By Asset class, we research mutual funds, insurance,fixed income instruments and gold and provide advicebased on this research. Collectively, we have over 100person years of research experience across market cycles.We view investments from a very fundamentalperspective. Our intention is to provide sincere andunbiased advice, minimize risk and work towards asteady return on your assets, while recognizing yourgoals and needs.QWhat are the services offered by Personalfn?AThe services from Personalfn can broadly becategorized as under:*Financial Planning*Transactions*Premium Subscription ServicesUnder Financial Planning, we help individuals buildpersonalised plans for their specific needs and goalswhich include cash flow planning, asset allocation andspecific instruments in which they should invest. Thisis a paid service and in these times especially, expertadvise on planning your investments becomes all thatmore critical – again more so when the NRI is so manymiles away.We also help facilitate mutual fund transactions andFixed Deposits in certain companies. This providesinvestors the convenience and option to get theiradvice and manage their portfolio at a single place.We will shortly be launching our Online MutualFund platform in February 2009. This platform willenable NRI’s to invest, view and therefore managetheir investments from the convenience of theirFinancial Planning: Why?Financial planning is a process through which an individual can chart a roadmapto meet expected and unforeseen needs in lifeOver the last few years, financialplanning has emerged as a buzzwordof sorts. Newspapers, magazines andtelevision channels are all talking aboutthe importance of financial planning.So what is financial planning; more importantly, doesit merit the attention that it is being given?Financial planning is a process through whichan individual can chart a roadmap to meet expectedand unforeseen needs in life. Simply put, theintention is to take necessary steps to ensure thatthe individual is equipped to accomplish what hehas set out to achieve and is prepared to deal withcontingencies as well.76 The International IndianThe International Indian 77