BUSINESS
7 steps a customer should take as govt merges PSU banks
Merger of banks is in the interest of the customers, so there is no reason to panic. When banks merge, sufficient care is taken to ensure that the impact on customers is minimal.
BUSINESS
Has your mutual fund suspended fresh subscriptions? Here is what you should do
If the fund manager is not sure how to deploy the money (fresh inflows) reviewing, then it is better to explore other opportunities to invest.
BUSINESS
Single premium vs regular premium ULIP plans: Which one should you buy?
Individuals who are disciplined for regular investing and looking for a good long term investment option backed with life cover and do not mind the 5-year lock in period should be investing in regular premium ULIPs.
BUSINESS
Axis Long Term Equity Fund review: Steady performer in ELSS category for tax-saving
The fund's current alpha is among the highest in the category, which means it will typically do quite well when markets perform.
BUSINESS
Choose your mobile app wisely to invest in direct mutual funds
Some mobile apps are not updated on regular basis. Often there may be errors in the stocks portfolio of several schemes.
BUSINESS
ICICI Prudential Technology Fund review: Could be the best bet given rupee weakness
During bull phase, thematic funds will perform well and give strong returns. However, when markets enter into bear phase and things turn bad, these funds register heavy losses.
BUSINESS
Here's how you can measure your ULIP returns while reviewing investments
In case your ULIP schemes don’t give expected returns after computing or underperforms, you can switch to a better fund after the expiration of the lock-in period of 5 years.
BUSINESS
'Investors should wait before taking an additional exposure in equity markets'
Growth and reasonable valuation are the two important things investor should always look at while creating portfolios.
BUSINESS
Kotak Standard Multicap review: Focus fund well-poised to capture market's favourite themes
The investment focus has always remained long term, with relatively low portfolio turnover. These simple rule has enabled this fund to register outperformance through both sector allocation as well as stock selection.
BUSINESS
Spouses must have their own financial plan besides a family one: DSP Investment Managers
Husband and wife should also have one common joint financial plan for goals like buying a house, children education, travel and other household expenses
BUSINESS
EMI defaults have maximum impact on your credit score: ClearScore
Do not to apply at multiple banks at the same time for loan which will have numerous inquiries on your credit score. Numerous inquiries/applications over a short period of time may have a negative impact on how a lender views your loan application
BUSINESS
Here's why multi-cap mutual funds are a good investment option at present
This fund category has beaten or matched the average returns posted by largecap funds over a three to five year time frame due to their inherent flexibility of investing across m-caps
BUSINESS
4 common reasons for rejection of your life insurance claim
The probability of claims getting rejected is higher if incorrect or incomplete information is submitted while filling the insurance proposal form
BUSINESS
How to avoid paying high service charges levied by your bank
In order to ensure that these bank charges are 100% genuine and unavoidable, the customer is required to be well versed with the terms and conditions of the products and services availed.
BUSINESS
How to protect your investments in a currency war
In case of a looming currency war, Modi feels investors should have negligible exposure to equity as defensive sectors are already quite overvalued
BUSINESS
7 warning signs that show it's time for you to fire your financial advisor
At times, in lieu for a hefty commission from specific product, your advisor may recommend you investment product which may not be suitable for you
BUSINESS
Like Fidelity Zero Index Funds, can zero expense mutual fund schemes work in India?
Coming up with zero expense mutual funds can be thought of as practical thing in index funds. But applying the same in case of actively managed funds would be challenging and might even be unsustainable in the long run.
BUSINESS
Stop your investment from slipping into insurance unclaimed funds. Here's How
Change in contact/bank details of the beneficiary and the same not being updated by the policyholder with the insurer is one of the reasons for rising unclaimed funds.
BUSINESS
Impact of RBI rate hike: Home loans to get costlier; small savings investment products may see high returns
Investors looking for risk-free, guaranteed returns may continue to invest in PPF, NSC, Sukanya Samriddhi, Post Office Savings, etc.
BUSINESS
Health insurance plans with maternity benefits: Should you buy one?
Given the skyrocketing cost of various maternity treatments, which can cost anywhere between Rs 50,000 to Rs 5 lakh, bearing this expense may turn out to be an expensive affair for many families
BUSINESS
Car theft? Here is how to file an auto insurance claim
One would typically need a comprehensive insurance, as this is the only form of insurance that reimburses you in the case of car theft
BUSINESS
Benchmarks touch record highs, should you adopt Systematic Equity Plan to invest in stocks?
SEP strategy saves investors from a lot of adversities like market volatility, event-based volatility and broad-based corrections, to an extent.
BUSINESS
Only 5-6 stocks are holding the Sensex and Nifty, and it's a concern: Jinesh Gopani, Axis AMC
caluations remain elevated because equity market is getting narrower and narrower. The money which is coming into the market is flowing into selected stocks
BUSINESS
Need money? Think about a top-up home loan instead of personal loan or gold loan
Top-up home loans clearly outscore other loan options because they come with lower rates of interest rate, higher tenures, and tax benefits
