It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
Focus on large-caps and ensure that the portfolio is balanced.
The longer a bear market lasts, the more the eventual returns are, says Devangshu Datta.
Retail investors have matured and have moved away from investing in only in-vogue products, says the managing director and chief executive officer of ICICI Prudential AMC.
Get answers to financial queries from renowned financial planner Gaurav Mashruwala at 4.00 pm on Sept 26.
In January 2008, the Sensex hit then all-time high of 21,207 (closing high of 21,004 was achieved in November 2010).
'The government's projections for 2019-2020 will be disappointing big time.'
In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.
Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
The previous government set up a cabinet task force to clear the backlog of projects but failed to make much of an impact.
Managing your own money is empowering. And if you haven't started yet, now is the perfect time!
You can still save money, says Samkit Maniar
The political economy of the IPO market involves regulators empathising with intermediaries, and designing a bridge that systematically takes wealth away from founders, VC and PE funds, and business houses, explains Ajay Shah.
Get answers to financial queries from renowned financial planner Gaurav Mashruwala at 2.00 pm on Sept 12.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Novices should enter markets via SIPs of equity mutual funds.
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Returns on godl have depleted in past few years,
United Nations Secretary-General Antonio Guterres said on Monday that he has been in 'very close contact' with India and other countries on mediation efforts towards bringing an end to the war in Ukraine.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
With this, total inflows have reached Rs 3.98 lakh crore in the first 11 months of the current fiscal (2016-17). In comparison, Rs 2.07 lakh crore was invested in various mutual fund products during April-February period of 2015-16.
Now insurance companies will train agents not only to get new business but retain existing customers.
'They should decide their allocation based on their risk appetite and age, and not valuations.'
The current bear run has already been the second longest since 1975.
For a while, it seemed the markets were going on a free fall.
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering the policy of G7 and Washington is "comfortable" with New Delhi over its approach in addressing issues relating to energy security, a top Biden administration official said.
The right investment at the right age will help you enjoy a secured post retirement life.
Park only savings that need not be touched for many years, says Devangshu Datta.
Banks play 'mind games' to woo customers. Big data and 'games' are now the tools of the trade.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Transfer funds systematically to average costs in a choppy market.
'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral, MD & CEO, Axis Securities.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
>You can buy a life insurance policy for someone else only if you have an insurable interest or expect financial loss from that person's death, points out Tarun Chugh, MD and CEO, Bajaj Allianz Life Insurance, answering insurance questions.
If new goals have emerged, this is the time to make fresh investments.
Women have been leaving the investment decision to husbands.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
