Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
The next revision will make the rates similar to those of bank FDs.
Those willing to take a higher risk for higher returns can look at AAA-rated non-convertible debentures from reputed issuers.
Rediff.com spoke to registered investment advisors to figure out how best the extra Rs 17,500 saved ever year can be invested to create a decent corpus in the years ahead. This is what they said.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.
rediffGURU Ulhas Joshi answers your mutual fund queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
SBI has twice hiked interest rates on fixed deposits within a month, but an investor still gets better returns at the post office.
In a move that will hit the common man, the government on Friday slashed interest rates payable on small savings including PPF and Kisan Vikas Patra (KVP) in a bid to align them closer to market rates.
Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being seen as an attempt by the ruling Bharatiya Janata Party to contain the fallout of a decision hitting the common man in the ongoing elections in West Bengal, Assam and three other states.
Ask rediffGURU Ulhas Joshi your mutual fund queries.
Finance Minister Arun Jaitley announced several reforms.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
With the reduction, term deposits of 1-3 years will now fetch an interest rate of 5.5 per cent from the existing 6.9 per cent.
rediffGURU Samkit Maniar answers readers' personal income tax queries
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Avoid investing in a new ELSS scheme each year. Stick to one well-chosen scheme to avoid clutter in your portfolio.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1. Experts said one way to boost consumption is to put more money in the hands of people, and one of the possible ways of doing it is by reducing the tax burden through tinkering with tax slabs or increasing the standard deduction. Another proposal is related to increasing the funds under the rural employment guarantee scheme MGNREGA and higher payout for farmers.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
'Comparing the rates of interest with PSU banks, the three- and five-year time deposit rates of the post office are more favourable.'
Investments in Sukanya Samriddhi Account will earn higher interest rate of 9.2%.
rediffGURU Samkit Maniar answers readers' personal income tax queries
rediffGURU Sunil Lala answers your personal finance-related queries.
rediffGURU Samkit Maniar answers readers' personal income tax queries
rediffGURU Vivek Lala answers your income tax and personal finance queries.
Premature closure shall be allowed only after the account has completed five financial years.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Indian state's generosity is not restricted to its poorest citizens.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Let us look at this scheme a little more in detail.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
The rates of interest on various small savings schemes for the third quarter of financial year 2018-19, starting October 1 and ending on December 31, 2018, has been revised, the finance ministry said while notifying the rates.
