Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP) are very crucial. Here, we will help you understand how these tools can pave the way for a stress-free retirement.
'Young investors should focus more on equity, while retired senior citizens should prioritise fixed income.' 'Mid-career investors should aim for a balanced allocation.'
'I don't know when I will be able to access those funds.'
'Stick to FDs of shorter tenures, preferably one-two years.'
'FDs should hold your emergency funds, equivalent to around 6-12 times your monthly expenses.'
rediffGURU T S Khurana answers readers' personal income tax queries.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
FDs are not advisable for long-term wealth creation as their post-inflation, post-tax returns are not very attractive.
Here's a formula that helps you understand how much money you will need to retire early in India and simple steps to achieve it.
Do not keep a large portion of your long-term portfolio in FDs.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.
Many senior citizens 'underestimate the impact of inflation, taxation, health-related expenses, and the heavy premium they will have to pay on health insurance.'
Now that bank FD rates have gone up and most BAFs haven't delivered good returns, these investors are likely to be moving back to FDs, observed a senior MF distributor. The performance of BAFs in the past year has been mixed.
The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
rediffGURU Ulhas Joshi answers your mutual fund queries.
Longer-tenure FDs generally give higher returns. Nonetheless, going for a tenure higher than two to three years is not advisable.
When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.
Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Keep regular track of financials, including cash flow and management changes
rediffGURU T S Khurana answers readers' personal income tax queries
These funds carry low risk and should be able to beat the returns from fixed deposits.
'TMFs trump FMPs and FDs when it comes to investing in a high-duration product.'
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.
Quite often for investors fixed maturity plans and fixed deposits are alike but there are some distinct differences. The protection of capital is foremost selling point for both FMPs and FDs. But FMPs score over FDs on a few parameters.
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
Bank fixed deposits offer the safety of assured returns. But inflation and taxes can take a big bite off your money
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Banks are offering attractive interest rates for fixed deposits. Here's some advice on FDs.
rediffGURU Kirtan A Shah answers your personal finance queries.
With rising interest rates, it pays to encash your old bank fixed deposit and reinvest in a new one. But don't restrict yourself and look beyond these to combat tax and inflation
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances