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    How Necessary is a Will?

    I am not sure about the first question. The cost varies from state to state. There is a slab system in fees and an upper limit in some states. Also the lawyer will charge a fee. See this article: https://www.kaanoon.com/5543/stamp-duty-payable-on-probating-a-will-deed
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    How Necessary is a Will?

    For bank accounts, demat accounts etc, the nominee gets control of the assets easily. The process is usually smooth if all the documents are provided. However, nomination does not give ownership. Nominee's role is only to distribute the assets to the rightful heirs. See this article...
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    How Necessary is a Will?

    A will is suggested for immovable property. For movable property, nomination will be enough. If nomination is done for movable property, it is better to keep that property out of the will - else extra cost/duty will have to borne at the time of getting the probate.
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    RHFL - Reliance Home Finance Bonds

    Liquidity is also a factor. There are no buyers for these bonds. Some bonds have bids for only 50-100 bonds. 2022 (9.05%) bonds were trading at a steep discount on Friday. I sold 2032 (9.4%) bonds from my dad's portfolio and purchased the 2022 ones.
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    Dewan Housing Finance Corporation - DHFL

    That won't make much of a difference as the value of the stake is very small.
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    Reliance Infrastructure

    A large quantity of pledged shares were sold by L&T Finance today. Reliance Infrastructure Total Delivery Quantity: 1,39,06,409 Number of shares sold by L&T Finance: 49,00,000 % of Total Delivery sold by L&T Finance: 35.24% Reliance Capital Total Delivery Quantity: 95,75,891 Number of shares...
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    Reliance Infrastructure

    Reliance Infra is now trading at PE of 2.5 and PB of 0.14 Reliance Capital is now trading at PE of 3.83 and PB of 0.2. Reliance Home Finance is trading at a PE of 4.86 and PB of 0.58. Reliance Power is now trading at PE of 2.72 and PB is 0.12. The combined market cap of the above 4 companies is...
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    Reliance Infrastructure

    It seems to be a pledged shares issue. STCI FINANCE LIMITED sold 19 lac shares of Reliance Infra on NSE yesterday. I think more pledged shares have been sold today. A big part of promoter holding is also pledged in ADAG companies. If ADAG is not able to provide additional margin, these shares...
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    Reliance Infrastructure

    Anyone has any idea why Reliance Infrastructure is falling so sharply? The volumes are mind boggling. Yesterday NSE+BSE volume was 8.77 crore + 0.85 crore. The free float is 13.03 crore shares. Today will be a extremely high volume day too. If the volumes of the 2 days are added, it will be...
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    RHFL - Reliance Home Finance Bonds

    I am not sure why RHFL's bonds are trading at such a big discount. I have taken a risk and purchased 100 N4 series bonds at Rs 790 - 21% discount to the face value. https://www.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=RHFL&series=N4 The bonds mature in...
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    Is Finvasia really a Zero Brokerage Broker?

    Many other brokers offer no brokerage plans in certain segments. Kotak has zero brokerage plan in day trading segment - there is just a small annual fee. RKSV/Zerodha don't charge for delivery trades.
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    Dewan Housing Finance Corporation - DHFL

    The NCDs are secured, but I am not sure what the security is. My feeling is that the market is overreacting to the news. However, I won't suggest averaging or buying DHFL shares/bonds now. Hold the bonds for now. (Even I am holding 49 bonds of DHFL with maturity date in 2021.)
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    Dewan Housing Finance Corporation - DHFL

    In my opinion, one should not buy any stock where the integrity of management is being questioned. I am not sure of the price at which you have purchased the stock, but if I were in your place, I would exit at the first technical bounce that I get.
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    Dewan Housing Finance Corporation - DHFL

    DHFL is again down 15% today. Many of its bonds are trading at 25% discount on NSE. I am not sure about the situation in the main debt market, but it seems the market sees some truth in Cobrapost's allegations. If DHFL is to collapse, the collateral damage will be widespread. As of now, the...
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    Chalet Hotels IPO

    There is no interest in the grey market for this IPO and so I won't be going through the RHP.
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    78 Year Old Widow with around 70-80 lakhs

    The three that you have mentioned are quite good. My family has invested in Mahindra Finance and HDFC deposits. If the rates offered are better than banks, there is no harm in investing a part of the corpus in these companies.
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    78 Year Old Widow with around 70-80 lakhs

    The tax outgo won't be much for a depositor of this age. If safety and liquidity are considered, I think there is no better alternative than bank deposits. The depositor can set aside some money for tax-saving deposits and invest the rest in regular deposits including "Senior Citizen Savings...
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    What Happened to this Site - Some Time Back?

    I think that option is available under "Forums" in the top navigation bar - "Find Threads".
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    What Happened to this Site - Some Time Back?

    Just click on your username in top navigation bar and all options will be shown.
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    What Happened to this Site - Some Time Back?

    I changed the forum platform from vbulletin to xenforo. The vbulletin version that I was using had become obsolete.
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