Switching to the UPS could be a game-changer for your retirement planning, especially if you value guaranteed benefits and higher government contributions, observes Ramalingam Kalirajan.
When we are unwell, we consult a doctor, take a prescription, and then buy medicines from a chemist. In finance, too, it is best to keep investment advice and product purchase separate, suggests Bindisha Sarang.
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries
'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and mistakenly use family accounts or invest in a relative's name.' 'Many are unaware of tax implications.'
Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.
'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'
'If you are investing in a Ulip for returns, go for a type I Ulip.' 'If you are investing for insurance cover as well, type II is better.'
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
If the cashless request is denied, the entire cost may need to be paid for planned treatments.
'A mid-year review makes the end-of-year financial review manageable and less stressful.'
Multi-asset funds offer exposure to gold, which tends to do well in times of geopolitical tensions and inflationary pressures, suggests Sanjay Kumar Singh.
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.
Are you ready to take control of your financial future? Ramalingam Kalirajan offers a step-by-step guide to calculate exactly how much money you will need when you enter your golden years.
These funds have lowered the entry barrier for investors who can now invest with just Rs 5,000, points out Sanjay Kumar Singh.
Ramalingam Kalirajan explains the pros and cons of both investment types.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU Sunil Lala answers your personal finance-related queries.
Make financial planning a part of your education and definitely a part of your marriage, says financial planner Sheetal Jhaveri.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU Ulhas Joshi answers your mutual fund queries.
Investors need to get the timing of entry and exit right to make money in thematic and sector funds, suggests Sarbajeet K Sen.
Four accomplished rediffGURUS will offer expert advice to help you make your lives, careers and relationships better and meaningful.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Consider factors like time, risk profile, return requirements, expenses, liquidity needs, etc. Make sure to have insurance and opt for a term plan, says Amar Pandit.
Keeping patience while making a financial decision is one thing millennials need to learn, says Naval Goel.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Investors should diversify their portfolio to reduce risks.
'Clients deemed higher-risk are required to update their KYC more frequently.'
