Investors should do thorough due diligence when selecting a platform.
RIS Steady Life Cycle begins with an equity allocation of 35 per cent at age 60, which gradually reduces. Between ages 75 and 85, it remains constant at 10 per cent.
Amidst a sharp run-up in gold and silver prices, investors are advised to rebalance their portfolios by booking partial profits in precious metals and reallocating to domestic equities and debt, according to financial experts.
Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.
Since this is a long-term investment, investors must do their homework and choose a fund manager carefully.
The impact of currency depreciation can also be mitigated by holding a portion of your investment portfolio in dollar-denominated assets.
In the rush to complete tax-saving investments at the end of the financial year, many taxpayers choose instruments that do not match their long-term financial goals.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
Overlap refers to the same stocks appearing across fund portfolios.
This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.
If you have ever said 'I'll sort retirement later,' now is when 'later' begins.
Flexicap fund performance depends heavily on the fund manager's decisions.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
With duties at 15%, GST at 3%, and making charges running as high as 20% -- the gap between a smart purchase and a careless one can easily be Rs 30,000 to Rs 50,000 on every Rs 1 lakh invested. And most of that gap is entirely avoidable. Ramalingam Kalirajan explains the math.
Those who have binged on credit must spend less, cut discretionary expenses, and focus on repayment.
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
Do not get trapped in the fear-and-greed cycle. Let time and discipline do the heavy lifting, points out Harsh Roongta.
'Having a separate healthcare corpus is extremely important even for those already covered by health insurance.'
Young earners with high incomes and few responsibilities can save more than 30 per cent, while those with low salaries and high expenses may save less.
Use these loans to meet emergency needs, and not to fund holidays or luxury purchases.
New investors should not allow themselves to fall prey to FOMO and rush headlong into gold.
Majority of equity fund managers were able to squeeze in some extra returns over their benchmarks in 2024-25 (FY25). While some managed to do so by delivering outsized returns during the equity market rally in the first half of the year (H1FY25), others succeeded by limiting the downside during the market downturn.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Customers must sign the agreement promptly to avoid disruptions. They should read it thoroughly and understand their rights and obligations.
'Trading without strict position sizing, stop-loss discipline, or a clear exit plan almost guarantees losses.' 'Chasing tips, reacting to intraday noise, or assuming frequent trading improves outcomes are equally damaging habits.'
'If you invest in a rush at the last moment, you could compromise on selecting the best tax-saving options.'
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Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.
Many senior citizens 'underestimate the impact of inflation, taxation, health-related expenses, and the heavy premium they will have to pay on health insurance.'
'If the markets correct further, PSU stocks could continue to decline.'
Despite similar tax treatment, debt MFs enjoy certain advantages over FDs.
'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.'
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
'For the initial decade, I consistently advise young professionals to prioritise career development and income growth rather than market analysis.'
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.
Investors should match their investment horizon with the fund's portfolio duration.
'Splitting must result in tangible benefits for the customer, otherwise it will only mean more work for them in maintaining the policy and for their nominees.'
'Choose an equity allocation that will allow you to remain invested even if the market falls by 50 to 60 per cent.'
