Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.
The returns from liquid funds, currently, look better than what savings accounts of leading banks are offering, points out Sarbajeet K Sen.
While the purchases of celebrity investors become public knowledge, what is not known is the price point at which they bought them.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
The rupee depreciation will work in favour of students who are currently studying in the US and plan to secure a job that pays in dollars.
Despite its recent underperformance, gold must be a part of your portfolio.
Bundled products often come with restrictions. The customer also gets locked into two products at the same time. This reduces flexibility.
'The minimum holding period for equities should be three years.' 'Try goal-based investing.' 'Link your equity portfolios to specific goals such as retirement, purchase of a house or car...'
Many retail investors, who are experiencing their first bear market, are shocked at the erosion in the value of their mutual fund (MF) portfolios. The pain is especially acute for those who had taken excessive exposure to sector/thematic and small-cap funds. Even international diversification has failed to stanch the bleed in this downturn.
If you pledge market-linked instruments and their value plummets, you will have to provide additional collateral, points out Sanjay Kumar Singh.
'A policy that covers a wider range of diseases will offer greater peace of mind.'
'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
Gold loan is currently the fastest-growing loan category (among the various types disbursed to individuals). On February 26, 2021, the outstanding loan against gold jewellery stood at Rs 56,596 crore. By February 25, 2022, it had risen to Rs 71,408 crore, a year-on-year growth of 26.2 per cent, according to the Reserve Bank of India's (RBI's) data. Several factors are driving the demand for gold loans.
Most traditional health insurance plans didn't cover the cost of such treatments earlier, but several recently launched policies do offer such coverage -- some as a rider, and a few as standalone covers, points out Sarbajeet K Sen.
To minimise hardship for legal heirs, home loan borrowers must purchase additional insurance cover while taking a home loan.
As these forms are quite elaborate, their early notification will give assessees more time to get the documentation and paperwork ready, and hence make complete disclosures while filing their returns.
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
