'The long maturity of these funds makes them well-suited for long-term financial goals such as saving for retirement or children's education or marriage.'
'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'
Suppose you had bought a television set that came with a one-year warranty. It breaks down two years after purchase. You can't react emotionally and say that such an expensive set should last for at least five-six years.
A term plan's premium is lower than that of a wholelife plan.
In contrast with their strong performance in 2020 and 2021, pharmaceutical and healthcare funds experienced a decline in 2022, with returns plummeting by an average 9.8 per cent. This trend has continued in the current year, with year-to-date return remaining in the negative (-4.9 per cent). In the past three months, pharma funds have been hit hard, experiencing a 7.9 per cent decline.
Before opting for this scheme, consider how EPS is calculated.
Improved credit profile may make you eligible to transfer your existing home loan to another lender at a much lower rate.
A person who has cancer and doesn't have any health insurance will find it difficult to buy a regular hospitalisation cover. An indemnity-based cancer plan may cover them.
An NCD's credit rating will tell you whether risk possibility is high or low. Instruments rated below AA are regarded as high-risk.
Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.
Make sure that the person you are buying the plot from is the rightful owner.
Rebalance the portfolio at least once a year to ensure it remains in sync with the target asset allocation.
Many investors want to exit equities now and re-enter when they begin to rise. Such timing is difficult to pull off.
These funds can fetch double-digit returns over the long term which debt tax-saving products can't.
End users should take the plunge despite higher home loan rates as these tend to be cyclical.
Make sure buying a house won't lead to compromises on other crucial financial goals.
If you don't have a specific goal, but want intermittent liquidity, then ladder your FDs, that is, invest in FDs of varying maturities, such as one, two, three, five or even 10 years. Laddering ensures FDs mature at regular intervals.
TMFs invest in a public index, so investors know beforehand which instruments the fund will invest in.
'Sector funds like IT funds should be included only in the satellite portfolio.' 'Limit your exposure to IT sector funds to around 5-10 per cent of your equity portfolio.'
Since infrastructure projects have long gestation periods, investors need to enter them with a long horizon of at least 10 years.
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