Anamika Pareek explains the advantages of investing in tax-saving options like the equity-linked savings schemes.
Sending money to families in India will get more expensive
These ETFs will also carry interest-rate risk, especially the 10-year ETF. The investor can overcome this risk by holding them till maturity, suggests Sanjay Kumar Singh.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
While seniors seeking a regular income should switch to debt funds from balanced funds, younger investors should invest in balanced funds after understanding their risks.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'
An Aadhaar card can fast-track the KYC procedure for some instruments.
Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
Investors should allocate 10 to 15 per cent in their portfolios to gold through sovereign gold bonds.
Anil Rego, CEO of RightHorizons, will answer your financial planning queries.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Experts say the size of the fund shouldn't be a primary criterion for selection.
Now that the National Pension Scheme offers more choices than the Employees Provident Fund, is more transparent and also allows to choose the level of allocation to equities as investors like, should one switch to the NPS?
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.
With natural and man-made calamities posing a risk to your home, it makes sense to buy home insurance
Those just starting their careers should avoid adding to their liabilities, especially if they already have an education loan. They should think hard before taking a car or home loan.
Multi-asset funds offer exposure to gold, which tends to do well in times of geopolitical tensions and inflationary pressures, suggests Sanjay Kumar Singh.
By diversifying into developed market equities, Indian investors can mitigate the impact of cyclicality in returns as well as reduce currency risk, experts tell Sanjay Kumar Singh.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
From April 1, subscribers will be able to change investment option & asset allocation twice a year, instead of once. Use greater flexibility offered by pension scheme judiciously.
'A mid-year review makes the end-of-year financial review manageable and less stressful.'
Ask rediffGURU Ulhas Joshi your mutual fund queries.
The challenge isn't in selling -- it's easy to sell when the market peaks. The real challenge is in buying back.
How investors can tweak their fixed income investments to earn more in the current environment.
Despite recent setback, these remain the most appropriate tool for international diversification
The proportion in which a joint home loan is taken is important.
FMPs remain an option for investors who believe interest rates could head downward over time and wish to lock in the current rates. TMFs have very low expense ratios, which makes them cost-efficient.
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
