Page 9 - Personal Finance

Mix styles when investing in smart-beta funds, say analysts

Like active funds, smart-beta funds carry the risk of underperformance

Things to remember as you rush to file your return ahead of December 31

To avoid any last-minute errors, one must remember to use the correct ITR form, collate all relevant income and expense documents for quick referral

Keeping your head when others are losing theirs

Pointing to gold, the only important exception to the intrinsic-value rule is a very weak justification for arguing that Bitcoin will retain its value

Don't be over-obsessed with equities, book profits if you haven't already

Exposure to debt funds and gold is essential even if current returns from these asset classes are low

Partnership firm can file consumer complaint

The National Commission observed that the generator set was not purchased for resale, but for self-employment and to earn a livelihood, so a consumer complaint could be filed

What is MF Central? How will it make the life of investors easier?

Two registrar and transfer agents of the mutual funds industry recently launched a transaction platform for investors. Named MF Central, it promises to provide a dashboard to all mutual fund investors

A quality strategy can reduce risk in the mid-cap universe of 150 stocks

Enter gradually, raise exposure once funds have developed track record

NPS generated good returns for subscribers, says PFRDA Chairman

PFRDA Chairman Supratim Bandyopadhyay on Monday said pension product NPS has generated good returns for the subscribers over the last 12 years, and one must start early to reap the benefits of the product, which is very flexible in nature. "Over a period of 12 years, the returns under equity schemes are more than 12 per cent, and in government securities, it was close to 9.9 per cent, and in corporate bonds, despite some credit events that we have seen, we have seen a CAGR of more than 9.59 per cent. Fortunately, our pension fund assets were, to a great extent, protected from post-credit events. "Currently, we are sitting on a total corpus of about Rs 6.85 trillion. The returns have been quite good," Bandyopadhyay said while speaking at CII Insurance & Pensions Summit on 'Indian Insurance Sector Riding the Wave of Change'. NPS gives a lot of flexibility, but the only thing is that a person has to start early, said the chairman of the Pension Fund Regulatory and Development ...

Get policy terms changed during free look-in period

The commission observed that the cheque was remitted in accordance with the terms of the policy, and it was not possible to hold the company liable

The Petrov moment in a client's life

A sketch by Carl Richards illustrates that the advisor stands between the client and her big mistake

'Save first, spend the rest': A budgeting approach that's easy to follow

Experienced practitioners may graduate to zero-based budgeting, a more evolved and detailed approach.

Rebalancing equity portfolio more frequently reduces risk, but raises costs

Adopt an approach that you understand and can adhere to in the long run

Begin planning for your child's foreign education this Children's Day

Given the massive cost involved, make an early start, even if you have to do so with only vague estimates of the outlay

Nomination provisions require an overhaul

Nomination rules can be justified as being products of their times, but there is no excuse for not revising them to reflect new realities

Fix these errors in Form 26AS before filing your Income Tax returns

Taking excess tax credit while filing your returns could lead to a notice from the income-tax department, say experts.

Don't invest just to save tax but to get closer to your financial goals too

Choose an equity, debt or hybrid instrument depending on investment horizon and asset allocation

Bank's vengeful conduct can invite punishment

The award of compensation is governed by Sec 73 of the Indian Contract Act, which says a party who suffers due to breach of contract is entitled to compensation for the natural loss

Amitabh Bachchan's NFT collections reach Rs 3.8 cr on Day 1 of auction

Amitabh Bachchan's NFT collections of 'Madhushala', autographed posters and collectibles, have received bids worth about Rs 3.8 crore on the first day of auction being organised by Beyondlife.Club.

Government approves 8.5% interest rate on EPF for fiscal year 2021

Just ahead of Diwali, this is a good news for over 50 million subscribers of the Employees Provident Fund Organisation

Pandemic dents confidence of affluent Indians in their finances: Survey

Most affluent individuals in India have reset their life goals following the pandemic: Survey