March 30, 2021 12:07 PM IST
The CIO-Equity of Aditya Birla Sun Life AMC expects inflation and interest rates to to remain under control
- March 30, 2021 10:56 AM IST
As a fund manager of two highly successful schemes from the Kotak Mahindra MF stable, Tibrewal talks about holding on to winners and not obsessing over valuations
- March 30, 2021 10:19 AM IST
Life insurance provides a large, tax-free sum of money to the beneficiaries
- March 30, 2021 09:40 AM IST
Government companies have been wealth destroyers even over long holding periods of 5-10 years
- March 29, 2021 12:11 PM IST
The bank will give 5.10 percent for term deposits maturing in 3 years and above but less than 4 years. Kotak Mahindra Bank gives a 5.25 percent interest rate for deposits maturing in 4 years and above but less than 5 years. The bank gives 5.30 percent for FDs maturing in 5 years and above up to and inclusive of 10 years. These rates are applicable from March 25, 2021.
- March 29, 2021 11:41 AM IST
Diversified funds that invest in broad-based US equities or European stocks can be considered. Choosing thematic global funds can result in low returns even over 10 years
- March 29, 2021 10:17 AM IST
HDFC Bank offers 75 basis points (bps) higher interest rate on these deposits to senior citizens.
- March 29, 2021 10:06 AM IST
The Junio app comes with a charge card backed by RBL Bank and Mastercard. A bank account can help you teach your kid a lot more about savings and financial products.
- March 27, 2021 03:12 PM IST
There are several notified charities and relief funds through which a deduction of 100 percent can be claimed.
- March 26, 2021 02:39 PM IST
The rates offered by State Bank of India and UCO Bank are lower
- March 26, 2021 12:30 PM IST
Increased preference for premium products with rising incomes remains intact. So, the consumption theme looks good, despite the recent underperformance
- March 26, 2021 10:55 AM IST
The loan amount can be used for children’s education, business expansion, new property purchase and medical treatment
- March 26, 2021 10:15 AM IST
Health check-up costs, rent paid to parents and stamp duty on house registration can be claimed for tax deductions
- March 25, 2021 03:28 PM IST
From deferred gratification to saving regularly and putting family needs above personal ones, women have a lot of money lessons to offer in our formative years
- March 25, 2021 02:12 PM IST
As per SEBI’s new rules, AT-1 or perpetual bonds need to be now valued at Yield to Maturity (YTM), from earlier practice of Yield to Call date, when the company is expected to buy back the bond and return money.
- March 25, 2021 11:41 AM IST
With the increase in the number of expatriates globally, a large number of individuals now own assets across multiple jurisdictions. As succession laws differ across countries, formulating a comprehensive estate plan is a critical decision for individuals
- March 25, 2021 10:50 AM IST
Debt funds of shorter duration and schemes that invest in highly rated corporate and PSU bonds can deliver reasonable returns.
- March 25, 2021 10:06 AM IST
Income tax planning: Do not worry if you skipped paying the interest in the last year due to any reason whatsoever including the distress of the ongoing pandemic, you can still claim this deduction.
- March 25, 2021 09:41 AM IST
The importance of having a health insurance cover and an emergency fund has been realised. Switching lenders to reduce EMIs is another key lesson
- March 24, 2021 02:31 PM IST
Such funds can be considered if the investment time frame matches that of the target maturity date of the scheme
- March 24, 2021 11:38 AM IST
SEBI's new rule means that units would be allotted only when the money hits the fund house's account. Any delay could result in loss of tax deductions for this fiscal
- March 24, 2021 11:37 AM IST
Over the past year since we first went into lockdown, greater numbers of young adults, propelled by boredom, surplus savings and the fear of missing out (FOMO), have dipped their toes into the kind of investing where they can lose some or all of their money.
- March 24, 2021 11:28 AM IST
IDBI Bank FD rates: For FDs maturing in 7 days to 20 years, FD interest rates in IDBI Bank range from 2.9 percent to 5.1 percent after the latest revision.
- March 24, 2021 09:54 AM IST
Debt funds will have to value AT1 bonds as 100-year securities. However, SEBI has given them two years to comply with the new rule
- March 24, 2021 09:29 AM IST
From being laggards for many years, infrastructure funds have been the best performers so far in 2021. Budget 2021 proposals has re-energised them