Let's explore three different ways to reach the Rs 100-crore mark, each taking advantage of the power of compounding, consistent investing, and some smart planning
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
'When interest rates rise, the NAVs of these funds will fall.' However, they won't fall as much as longer-duration funds.
Suryakumar offers a more dependable option. Despite being 33, his fitness record inspires confidence.
FDs are not advisable for long-term wealth creation as their post-inflation, post-tax returns are not very attractive.
Dhanatrayodashi is called Dhanteras and its twinkling lights set the mood of India's greatest and most popular festival -- Diwali, the festival of lights.
'We never go overboard on any stock, no matter how good it may seem.'
Investors need to carefully assess country-specific risks. 'This is especially true of a market that is less transparent than the US.'
Amy wore a black dress and hand bag from Alaia, De Rigo eye-ware and Chopard jewellery.
Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
'There is more expansion in the industry happening in retail lines, so we will continue to focus on those lines.'
The Rs 84,000 crore domestic fund of funds (FoFs) space, which was in the doldrums over the past 18 months, has now caught the attention of investors due to a change in the tax structure in Budget 2024. The broader category, which includes offerings across equity, debt and commodities, has seen a spike in the inflows over the past two months. FoFs typically deploy the pooled capital in one or multiple MF schemes rather than investing directly into equities, debt or commodities.
Hanuma Vihari, part of India's back to back series wins in Australia, reckons the services of veteran batter Cheteshwar Pujara will be be dearly missed when the team aims for a hat-trick Down Under later this year.
Move over ladies, India's stylish men are ready to make a splash at Cannes.
Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
Former India captain Mithali Raj on Tuesday attributed the national team's underwhelming performance in the Women's T20 World Cup to lack of growth across departments over the past three years.
MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.
Momentum funds can be 10 to 15 per cent more volatile than the Nifty 50.
In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.
Stunning! Shreyovi Mehta, 10, is a runner up at the annual worldwide Wildlife Photographer of the Year contest.
Tactical investors should have an investment horizon of around six months to one year, long-term investors should stick around for 10 years or more.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries
Two-time world champion boxer Nikhat Zareen isn't fazed by the prospect of facing tough opponents early in her Olympic debut
By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.
'Younger employees, who tend to have a higher risk appetite, will find NPS advantageous due to the potential gains from equity markets over time.'
By following the path of Kula Dharma as mentioned in the Bhagavad Gita, you will not only be securing your child's future but also contributing to your own early sukoon (peace and well-being), says Vatsal Ramaiya
Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.
There is nothing to be worried about as bilateral ties are robust with solid foundations. Both are on the same page on the economic and defence/security ties bilaterally and globally and that shall continue irrespective of change in political dispensation in either country, points out Dr Rajaram Panda.
'Understand how wedding expenses fit into your overall financial situation.' 'Evaluate how different levels of spending will impact other goals like retirement, travel, or housing.'
Amy Jackson walked the red carpet for the premiere of the film Horizon: An American Saga at Cannes.
Debt mutual fund (MF) schemes, which witnessed relatively muted inflows in the past three years, saw a surge in investor interest in April amid election-induced volatility in the equity markets. Active debt funds garnered nearly Rs 66,000 crore net inflows in April, most at least since December 2020.
The two countries said their goal is to promote synergies in all aspects of space collaboration, including satellite fabrication and launch.
'Your decisions should not be driven by your view on the market, but by your objectives, risk appetite, and time horizon.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
rediffGURU Anil Rego answers readers' personal income tax queries.