personal finance

May 26, 2022 06:46 AM IST

Transmission of money lying in mutual funds to legal heirs is not easy, despite AMFI’s best practices guidelines

Where there is a Will, it is easier for legal heirs to claim money lying with mutual funds that was left behind. But in the absence of a Will and Nominee, complications arise and paperwork mounts

How Sebi guidelines on ETFs and index funds will impact investors

Market regulator wants to improve liquidity for exchange traded funds (ETFs) and make passive funds more efficient in tracking underlying indices

Advertising watchdog catches violations in crypto ads by influencers

After a big splash of cryptocurrency advertisements by Bollywood stars and celebrities last year, the Advertising Standards Council of India issued guidelines, effective April 1. Nearly 29 violations have been processed so far

How many bank accounts should you have

Holding many bank accounts has its benefits, but for those who are not financially disciplined, keeping track of multiple cheque books, debit cards, net banking user IDs and passwords, and minimum monthly average balance can be quite cumbersome.

Where there’s a Will there’s a way: Avoid making these common mistakes with yours

Estate planning is often left for the last minute, kept secret even from beneficiaries, and not given priority. Such mistakes can be harmful.

Bajar Gupshup | Markets end lower in volatile session; Divi's Labs, Tech Mahindra tumble

Markets ended on a negative note today with the Nifty ending below 16,150 points and Sensex falling 236 points. Among sectors, IT, pharma, metal, FMCG, power, and realty indices fell 1 percent each. Meanwhile, Delhivery's stock listed with 10 percent gains.

Explained | EPF versus NPS: Which is a better retirement option?

Are you planning your retirement kitty? There are two options available, NPS or EPF. But which one is a better option for you? Sumaira Abidi tells you the difference.

Delhivery on future plans and network expansion

Logistics and supply chain startup Delhivery had a quiet listing on Dalal Street, however the shares are finding investor interest. Going beyond the buzz, Moneycontrol spoke to the management, on future plans and network expansion.

Axis Mutual Fund probe widens to be sure nothing is missed, says Axis Bank MD and CEO

Axis Bank’s Amitabh Chaudhry said Axis Mutual Fund is keeping Sebi updated of its investigation and will take further action if anything is found against any more individuals. Investigation will go on for four-six weeks

Weakening rupee, choppy market spell trouble for overseas students. Here’s how to manage your money

Students pursuing studies abroad could be in for tough times as rupee depreciation vis-à-vis the US dollar is likely to push up their overall cost of education, especially living expenses

How to maximise your chances of securing an insurance claim

The most important document that is referred to at the time of the making a claim is the proposal form that is filled out when applying for the insurance policy

Arbitrage Mutual Funds: As the interest rates rise, many are moving to arbitrage funds for the short term. Should you join them?

Arbitrage Funds: Though these schemes work better with a timeframe of at least one year, investors are looking at it for the very short term, typically up to three months.

Why I gave the LIC IPO a miss

The promoters, who are privy to all information related to the company, floats an IPO at a time of their choice through the book-building process with the help of one or a team of top-notch lead managers. Everyone responsible for bringing the IPO to the market, has an incentive. That’s why one hardly ever finds an under-priced IPO.

SEBI allows mutual funds to launch passively-managed ELSS schemes

SEBI sets investment limits for debt ETFs and index funds and norms for market makers.

Bajar Gupshup | Markets end in Red on Profit Booking; Sharp Selling seen in Metal Stocks

Indian benchmark indices came off earlier highs and ended on a negative note after traders booked profits during the last hour of trade. JSW Steel, Tata Steel, NMDC were among top losers on announcement of increased export duty by the government. #bajargupshup #marketswithmc

How this high-risk strategy midcap mutual fund has managed the downside well

Kotak Emerging Equity Fund, a MC30 mutual fund scheme, has given consistent returns since its inception. Despite its large size, the fund has managed to manoeuvre its portfolio deftly so far

SEBI proposes banning celebrity promotion of cryptocurrency: Know how Salman Khan, Ayushmann Khurrana, Ranveer Singh and others endorsed it

A big lesson for investors, who fell for flashy crypto advertisements by their favourite Bollywood celebrities last year, is to do their own research and not follow the herd

When crypto prices fall, Ayushmann Khurrana, Disha Patani, Ranveer Singh are of little help

In 2021, many celebrities, including Bollywood stars, advertised cryptocurrencies, on the back of a bull-run in virtual currencies. But since November 2021, crypto prices have seen a massive crash leaving retail investors high and dry, especially, those taken in by the celebrity advertisements.

Axis Mutual Fund sacks 2nd fund manager under investigation for irregularities

Deepak Agarwal was an equity research analyst and assistant fund manager of Axis Consumption ETF, Axis Quant Fund and Axis Value Fund

Home loans: Banks and housing finance companies that offer lowest interest rates

Several banks have already announced hike in interest rates on home loans linked to repo rates post RBI's policy action on May 4, while others could increase their rates from June 1

Why are silver ETFs giving poor returns?

How to realign portfolios for changing times

A clean break from the investing style of 2020-21 is inevitable. Investing must be value-driven as money is going to hunt more for safety 

Five things to evaluate while renewing your health insurance policy

Ensure that you do your due diligence when renewing your health insurance so that you don’t have to face any issues in the future

Explained: How NPS' active and auto allocation choices work

Active choice is better suited for savvier investors, while others can choose the passive mode – auto choice - of investing.

Axis MF terminates Viresh Joshi: Should unit holders be worried?

Axis Mutual Fund has terminated the employment of their chief dealer & fund manager Viresh Joshi. Sumaira Abidi brings you up to speed on the latest developments & the recommendation for unit holders.