Ideally, one should opt for a 5 to to 10- year period in an MF scheme or exit when the goal is reached.
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
If you quit or change jobs in your 40s, buying an individual term plan will be expensive. You might not even get one if you have health problems, says Priya Nair
The difference between Cibil and other marketplaces is that in the case of the latter the credit report is accessed after the customer clicks the loan offer, while in the case of Cibil the customer first checks the credit score and then applies for the loan.
Lenders now use your phone data, utility bill payment records and other non-traditional parameters to determine if you are creditworthy.
Given that some reputed builders are also present in this segment and the cheap rates, does affordable housing make a good investment option?
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
Flow surge in equity schemes is an important reason why Indian stock market did not crash.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Staying healthy is good news for the insurance company as well since it implies lower claims. Insurance companies offer discounts anywhere between 8 And 30 per cent discount on premium.
Equity fund managers say large-caps offer higher relative safety, especially in such times.
Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash.
In other debt-oriented funds, retail assets jumped from about Rs 45,000 crore to Rs 64,000 crore.
Trustees and protectors can help ring-fence your trust deed and ensure it is executed exactly the way you want, for the benefit of your children, after you are no more.
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crores.
This will bring down capital gains especially in case of property transactions.
Talking about home loan rates, there is good news for borrowers.
In the 52 newly listed companies since 2014, fund managers have a total investment of a mere 2.5 per cent of their assets under management.
Industry body Amfi to hold meeting to decide on road map.