In the last 1-year period, value funds have given a return of 7.4 percent, as opposed to 2.4 percent by diversified funds. Value strategy tends to outperform growth and momentum strategies during rising interest rates and slower economic growth such as the current one
Equity-Linked Saving Schemes (ELSS) or tax-saving equity funds are the only pure equity instrument in the basket of instruments eligible for Section 80C tax deduction benefits
Apps that study your financial behaviour and help you make smarter financial decisions can keep you ahead of the curve.
Inflows into the open-ended equity funds slumped to Rs 2,258 crore during last month against Rs 9,390 crore in October.
From Ujjivan to Bandhan Bank, small finance banks and new private banks have been offering higher interest rates on savings accounts compared to leading private and public sector banks to acquire new retail customers.
Whether you plan for a Rs 20 lakh holiday or a Rs 2 lakh holiday – planning and booking in advance is what can stretch your rupee and save you last minute steep spends on potential upsets in the plan
Apart from deciding how much each of your heirs will inherit, there are some factors to consider while preparing your will.
Real estate experts say that tax deduction benefits to repay principal and interest amounts haven’t been raised in many years. Interest rate hikes and increased demand through the Covid pandemic should nudge the government to give sops to home-buyers, they add.
Customers with repo rate-linked home loans are likely to reach an EMI level where their lender will not be in position to increase the tenure, meaning monthly payments would rise.
The risk-taker faces off with the risk-avoider, but both lag the risk-adapter at poker. The investment world too has similar investors squaring up against one another. One of them has a better chance at making money than the other two
Reserve Bank of India governor Shaktikanta Das said UPI will soon allow single-block-and-multiple debit functionality. Investments in the capital markets and mutual funds are set to be among the bigger beneficiaries
Budget expectations | Crypto sector hopes for revision in tax rates, parity with other assets, regulations
While the government introduced crypto taxation in the last budget, it did not address the legality of such assets, a long-standing demand of the sector.
Existing home loan borrowers may see EMIs rising as there is not much room for loan tenures to increase. On the other hand, they may gain from a likely rise in fixed deposit rates
At present, the system handles recurring bill payments for merchants and utilities and does not cater to nonrecurring bills.
Experts suggest investing in short-term funds but also allocating a part of the capital to long-term gilt funds to take advantage of any positive surprises on the inflation front
Fixed rate loans, referred to as MCLR (marginal cost-based lending rate) move up with a lag. On the other side of the table, the move stands to benefit depositors.
Quality largecap stocks tend to provide comfort and cushion the market turbulences well
Double-digit growth in life insurance sector to continue, new proposals to boost business: Milliman India
The regulatory changes proposed by IRDAI will give a further boost to growth and also improve penetration, says actuarial firm Milliman India has said
The exemption allowed for long-term capital gains on equity investments need to be further enhanced to account for inflation, rising income levels and to encourage more investors into equity markets, say analysts.
Buying health insurance when you are comparatively younger and healthier will supplement your employer-provided cover for any higher hospitalisation bills and there will be no hassles in terms of renewability. If you want to buy insurance at an advanced age and have some new health issues, insurers may not even be willing to cover you.
Ahead of the budget, insurance companies also want finance minister Nirmala Sitharaman to accept their demand to exempt the principal component of annuities, or pension income, from tax
NPS- II is among the best kept secrets in the National Pension Scheme architecture. Only those investors with a NPS-1 account can open a NPS-2 account. Ten NPS managers offer Tier – II equity funds investing predominantly in the large-cap stocks. Expect a high degree of safety from NPS stock picking
NRIs must compare various available term insurance policies, their features, available riders, and claim settlement ratios online before buying a comprehensive insurance plan.
Investors in the IPOs of REITS have gained anywhere between 9-14 percent in total returns since the IPO listing. This is below expectations, but COVID-19 and the Work-From-Home practice it triggered spoiled the party. Now that COVID-19 is on the wane, will REITs rebound?
Given that some state governments have been clamouring for a return to the old pension system, some mutual fund distributors say it’s time to give higher tax deduction limits for the National Pension Scheme. Section 80C tax deductions should be linked to inflation, other distributors say.