Page 3 - Personal Finance

Introduce personal finance lessons in college: BJP MP in Parliament

Important for students to know about value of money, rate of return, mutual funds etc, says Tejasvi Surya

Don't quit underperformer if fund manager remains true to mandate

Your portfolio shouldn't contain stocks picked at exorbitant valuations or those that have corporate governance issues

Prepay home loan to combat interest rate hike impact, say experts

If your pocket allows, opt for higher EMI, not a longer tenure

Professionals serving affluent clients must buy bigger indemnity covers

They should avoid professional indemnity policies with sub-limits or high deductible

KreditBee raises $80 million in Series D from Premji Invest, others

The fintech firm aims to cross an AUM of over $1 billion in the next 6-9 months

Inheritance rights of adopted children vary on the basis of religion

Hindu and Christian personal law treat adopted child on a par with natural-born ones

SIP's share in MF AUM hit new high of 17% in October, shows data

But overall AUM has increased a mere 6%

Why active mutual funds do not beat the index

Active mutual funds on average (and net of fees) underperform the index because they have less inside information than promoters of companies

Park funds into debt schemes as yields have turned attractive: Experts

Tactical bets on longer-duration funds not advisable in the current scenario as rate cuts are not on the horizon

Build an equity-heavy portfolio for your child's higher education goals

This is essential to combat the high inflation in cost of education

Use corrections in IT sector as buying opportunities, say experts

Stellar long-term track record, growing digitalisation augur well for IT sector funds

MF penetration: Maharashtra, Delhi in lead; Jharkhand in top 10

Industry insiders say MFs have gained better traction in Jharkhand due to presence of a large salaried class and strong distributor network

Learn to draw lessons from mistakes, then share them

Rick talks about clients relating to him better because he had the courage to display his vulnerability and talk about the lessons learnt from his mistakes

Bet on infrastructure funds to gain from government push: Experts

High cost of capital, change in policy key risks for these funds

Office space demand can translate into high returns, say experts

Oversupply, poor maintenance can, however, play spoilsport

How to regain control of your finances after festive overspending

Replace high-cost credit card debt with lower-cost loan against an asset

Reduce the behaviour gap with a higher exposure to diversified funds

Avoid trying to time entry and exit from funds; hold for at least one complete cycle

How to check pension status on EPFO portal: Here's a step-by-step guide

Any EPF pensioner can get the PPO number using either the bank account number or PF number

What NRIs on short visits to India must consider before buying property

They should hire a property consultancy or a lawyer to do due diligence on their behalf

When emotions overrule neatly laid financial plans

Several such experiences have taught me to probe more and work closely with clients to find out their real motivations, desires, and fears