Value Research
Value Research is an investment research company that has been empowering investors since 1991. For more from us, visit https://www.valueresearchonline.com/
Capital Gains Bonds: Zero Tax, Two Hidden Costs.
Who these bonds suit, and Dhirendra Kumar's checklist for working out whether you should buy them or pay the tax instead.
The final layer is human
An investing app can pick the fund but it cannot keep you from selling it at the bottom.
Buying gold on Dhanteras is not investing
Honour the ritual, but count Dhanteras jewellery as spending. Gold you hold as insurance needs a form you can sell cheaply, and a necklace is not that form.
What changed inside India's insurance regulator?
A consultation paper from IRDAI that reads more like an investigation than a policy proposal is a surprise for anyone who follows this industry
Policyholders win 63% of complaints against insurers
IRDA data shows policyholders win at every stage, from the Bima Bharosa portal to the ombudsman to the courts. That says a lot about insurer behaviour.
Who Changed Your Asset Allocation?
A decision you made once is being overruled every single day. Dhirendra Kumar names the culprit.
The 2026 Scam Looks Like Advice.
Four frauds, three questions, and why being clever is no defence.
The Points You Do Not Own
Investors spend hours defending their reward points but ignore the cost that quietly shrinks their savings every year
Only 7% of life insurance payouts are death claims
IRDAI's own consultation paper shows surrender payouts are five times larger than death claims. This industry is not selling protection. It is selling an exit.
Why No Two Multi-Asset Funds Are Alike
Dhirendra Kumar explains why two funds in the same category can be two very different products, and the one document that tells them apart.
Buying the fund house
Judging listed fund houses by the metric that matters most
Retirement's biggest risk is an empty afternoon
You spent 35 years learning not to react. Then you retire with time, a corpus and a phone, and the habit that built the money starts working against it.
3 Rules for a Small-Cap SIP
Dhirendra Kumar sets three entry conditions for small caps, and says all of them are compulsory.
The three-year wait
A four-test method for judging funds still finding their feet
Who really pays for India? It's not who you think
Why the '2-3 per cent pay all the tax' argument gets the maths wrong
A Rs 10 fund may look cheap. It isn't: NAV illusion decoded
Why the NAV of a mutual fund doesn't indicate its price and what you should actually pay attention to
The Premium My Father Sold
A shortage explains why a premium can exist, but the crowd's behaviour explains why it reaches 80 per cent in just a few days
The first SIP at 40: what 20 years can still build
A late start is common in India. Dhirendra Kumar explains where the money should go from here.
What you don't see is what you get
A president's crypto fortune and a broken wallet expose what the small saver is not able to see
Why everyone having the same tools helps no one
The real differentiator between investors was never the technology
Aggressive Hybrid VS Balanced Advantage Funds
In one, you take the call on equity. In the other, you entrust it to the fund manager.
Trust and jargon are dangerous for investors
Retired bankers fell for this fund. Here is why you might too.
The average hides the saver
A record monthly total can keep rising even as the smallest savers, the ones it was meant to celebrate, give up and walk away
How Much Is Too Much in One Fund?
You rarely notice one fund has taken over until it stops doing well.
Growth that goes nowhere
Why every growing company isn't making its shareholders richer
Thirty Funds to Six. A Two-Year Exit Plan.
Most people never start the clean-up because they are sure it begins with a tax bill. It doesn't. Find out.
A fall is not a loss
A red number on your screen is not a loss. You make it permanent only by acting on it.
Your SGB Is Maturing. The Money Needs a Plan.
When your Sovereign Gold Bond matures, the money lands whether you plan for it or not. This episode covers what to do with it.
Silent partners
Indian retirement planning has claims on it that never make it into the spreadsheet
Why everyone having the same tools helps no one
The real differentiator between investors was never the technology
What you don't see is what you get
A president's crypto fortune and a broken wallet expose what the small saver is not able to see
Building Financial Freedom, Decade by Decade
Dhirendra Kumar walks through every decade, from your first salary to your last.
The easy half will be done
The regulator has named both halves of the cure for insurance mis-selling. Only the easier half is likely to happen.
Why Your Best Fund Suddenly Looks Average
Before you switch out of it, there is one thing you must understand.
The motorcycle and the Ferrari
Spending is not the opposite of saving. The mistake is spending out of step with where you are in life.
The question you didn't ask
Why the best investors check lists, not just conviction
The question you didn't ask
Why the best investors check lists, not just conviction
REITs Pay Regularly. Is It All Income?
Dhirendra Kumar breaks down what's actually inside your REIT payout.
Protect your goals from yourself
When everything sits in one pool, every goal is available for the next tempting idea
New Fund Offer - Not a cheaper fund.
What actually decides whether it's a good investment?
