'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
Find out whether the fund is equity, debt, or hybrid oriented. 'Understand the portfolio composition and whether it suits your risk appetite and horizon.'
Begin the year-end review by assessing whether your portfolios are on track to achieve your life goals.
Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'
Policy owners need to avoid errors on their part to prevent claims from being denied.
Understand the pros and cons of SGBs before rushing to invest in them based on past returns.
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.
Avoid relying on a bank RM for investment advice. Instead, approach a Sebi-registered investment advisor whose livelihood depends on the fee paid by his customers and not on product commissions.
'Check every SMS you get. Many people ignore them.' 'Remember if there is an activity in your account, your financial institution will send you an SMS, not a WhatsApp message.'
Ultimately, the choice between no-cost EMI and BNPL depends on an individual's financial situation, preferences, and ability to manage repayments responsibly.
When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum.
'Use this money to build an emergency fund if you do not have one.'
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
'No human bias is involved as happens in active funds.'
'The stockbroker should have a good balance sheet to support its scale of operations. It should also have proper risk management in terms of margins so that it doesn't go bankrupt during extreme market movements.' 'The broker must have a track record of navigating several market cycles in an ethical and transparent manner.'
'Gold prices thrive on volatility and more so when the stock markets trend downward.'
For women, it is important to build an emergency fund and a financial independence fund independent of the couple's joint goals and plans.
Look at the sanctioned plan to know the exact carpet area you will get and pay a law firm to conduct a thorough title check.
Cardiac patients whose proposals for a regular health insurance plan get turned down should apply for a cardiac-specific plan.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances