Page 11 - Personal Finance

Invest in equal-weight index to reduce concentration risk: Analysts

Begin with a 50:50 allocation to Nifty50 & Nifty50 Equal Weight index fund

Regulations key to orderly growth of microfinance

The RBI's CD defines microfinance clients based on the current household income limit applicable for NBFC-MFIs

Going abroad for studies? Student policies from Indian insurers are cheaper

If you buy from them, and not from a university-approved insurer, make sure the policy meets all specifications

Include cryptocurrency gains in income-tax returns, say analysts

Treat it as capital gain if you buy and hold; as business income if you trade frequently

NPS fund managers have more choices as investment universe expands

Investment advisors are not comfortable with the idea of a retirement product like NPS investing in IPOs

Opt for exchange-traded funds with low-impact cost, say analysts

To avoid the challenge of buying ETFs at the right price, choose index funds

Risk-return profiles can vary a lot among balanced advantage funds

Before investing, check the fund's returns during market crash

Avoid locking into corporate FDs of longer tenures, say analysts

Deterioration risk in credit profile increases, and better rates may become available a year later

Compensation payable for not complying with court order

The National Commission held that flouting of the High Court's directions constituted a deficiency in service for which Bhupati could seek remedy under the Consumer Protection Act

Index funds under focus as Navi MF looks to disrupt the market

NFO for Navi Nifty 50 Index Fund opens July 3; scheme will have expense ratio of just 0.06% under the direct plan and 0.26% under regular plan which is bought through an intermediary

Will you be rich?

On doing the math, I discovered I would be able to achieve most of my goals provided I made some adjustments and invested more resources

Action is the best antidote to helplessness

The highest satisfaction has come from using my professional skills to help reconstruct the financial records of a family that lost its breadwinner

Is Covid-19 home treatment covered? Check the fine print to find out

While many policies cover it for the entire sum insured, others have sub-limits

Combine your SIPs with long-investment horizon for better results

Expert advice on how to many the most of your systematic investment plans

Personal loans: Keep your EMIs at less than 50% of your after-tax pay

If you are thinking of availing of a personal loan, here are some steps you can take to improve your chances of getting it

Go long to make the most of strong run in the small-cap fund category

Allocate 10-15% to these funds for a 10-year period, don't just rely on history

Exiting equities now can be a costly mistake, might miss out good mkt rally

Timing one's re-entry correctly is very difficult

Opt for fixed maturity plan if you need discipline of a lock-in: Experts

FMPs allow investors to lock into current yields. The scheme information document indicates the fund's allocation to instruments of various credit ratings

Invest in spouse or child's name to avail of exemption, say analysts

Both Sections 54 and 54F allow taxpayers to claim exemption from tax on long-term capital gains

Stick to asset allocation during Covid 2.0

The advice to manage investments through appropriate allocation between debt, domestic equity, international equity, real estate and gold remains evergreen