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.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
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.
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
An Aadhaar card can fast-track the KYC procedure for some instruments.
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.
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.
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.
Retirees must also try and purchase a senior citizens' policy, despite steep premiums.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
Experts say the size of the fund shouldn't be a primary criterion for selection.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
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?
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Multi-asset funds offer exposure to gold, which tends to do well in times of geopolitical tensions and inflationary pressures, suggests Sanjay Kumar Singh.
'A mid-year review makes the end-of-year financial review manageable and less stressful.'
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.
The challenge isn't in selling -- it's easy to sell when the market peaks. The real challenge is in buying back.
Ask rediffGURU Ulhas Joshi your mutual fund queries.
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.
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.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
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.
It is a good option for parents of girl children who want a debt product and do not mind its low liquidity.
Those who cannot bear significant downturns (as much as 40 per cent) or have a short horizon should exit entirely.
How investors can tweak their fixed income investments to earn more in the current environment.
rediffGURU Vivek Lala answers your income tax and personal finance queries.
You can build your own retirement savings portfolio by investing in equity, hybrid and/or debt funds. Alternatively, you can also invest in retirement funds which provide asset allocation solutions for different investment needs and risk appetites, says Dwaipayan Bose
rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.
Despite recent setback, these remain the most appropriate tool for international diversification
With days to go before the new tax regime around crypto assets kicks in, several investors are reportedly either booking profits, rejigging their portfolios or moving their crypto assets to their private wallets outside of India. Starting April, gains from trading in crypto and other virtual assets like non-fungible tokens (NFTs) will be taxed at a flat 30 per cent, as announced in the Union Budget. And, 1 per cent of tax will be deducted at source (TDS) on every transaction involving crypto and other virtual assets. The new tax regime also bars investors from offsetting losses from one crypto asset (such as Bitcoin) against gains from another (say, Ethereum).
The proportion in which a joint home loan is taken is important.
Look for one with the right mix of qualification, experience, ethics knowledge, and communication skills
