Taking the onus for your investments and being in charge of your emotions in financial decision-making are critical in wealth creation
The total expense ratio (TER) represents the overall cost borne by mutual funds in managing and operating a mutual fund scheme. It encompasses various expenses, including fund management fees, administrative charges, and other operational costs.
Read on to know the benefits you can enjoy when you apply for gold loan balance transfer.
The implementation of regulations ensures consistency and transparency in the valuation process, preventing insurers from undervaluing or overvaluing bike components.
Some small finance banks continue to offer fixed deposit interest rates of more than 9 per cent to senior persons. Listed below are some banks that provide senior citizen FDs with more than 9 per cent interest rates.
Personal finance and investing has become a new trend among the youth. Social media and the internet have had a huge influence on their investment decisions.
To know what goes in the minds of the youth in Mumbai, we went out on the ground!
Watch the video to find out.
Filing income-tax returns on time is important as a delay can attract fines and penalties. A delay past the deadline can also lead to rejections and re-filings.
In this video, we will talk about 5 mistakes that you should avoid while filing the ITR
Mutual funds are our go-to investment nowadays. Mutual funds let you pool your money to buy stocks, bonds, and other investments and take benefit of better returns with moderate risks. But knowing when to make the right exit is equally important as it is a crucial part of your portfolio.
Here are 3 scenarios when you should sell your mutual funds.
Switching Jobs is the “new normal” for millennials today. It comes with a lot of excitement and also a lot of new changes that we have to adapt to.
And while familiarising ourselves with the new job, we often forget to deal with the other important matters. In this video, we will talk about 5 such tasks that you immediately do if you are switching jobs.
If you are a workaholic, and have been working without taking many leaves and are planning to switch jobs or retire soon from a private company, the revenue authorities have good news for you. In accordance to the Budget announcement, govt has made the amount paid as leave encashment tax-free up to Rs 25 lakh. Watch the video to find out details of the recent changes in the policy.
Home loans are long-term loans. And the stress of repaying the loan lasts as long as the loan does. Moreover, the penalty charges if the loan EMI is not paid on time can also harm both your monthly budget, as well as your Credit score. So here are some tips and strategies on how to reduce the home loan burden. WATCH!
Are you a first-time employee in India wondering how to save on taxes? As a salaried individual, it's crucial to be aware of the various tax-saving options available to you.
Let’s have a look at some effective tax-saving tips for first-time employees in India, which can help reduce tax liabilities and optimize finances. From investments to allowances, we'll cover everything you need to know to make the most of your earnings and save on taxes.
The process of investing involves making mistakes. You will be more successful as an investor if you are aware of them, know when you are committing them, and know how to avoid them. Watch what are these 5 mistakes, and you will be well on your way to building a portfolio that will provide many happy returns over the long term.
Just like the Employee Provident Fund, there is a long-term investment option known as Voluntary Provident Fund (VPF) wherein you can get better returns from an FD or a PPF! But what is it? Watch this video to find out.
#KnowYourRights with @sahiljain.22
In this video, we will discuss how using VPF investment can help you save more money with better interest rates if you are a salaried employee!
The proposed changes to the Insurance Act aim to enable insurers to diversify their product offerings and enhance the value of their distribution operations.
If you have taken a home loan in the last year or two, the rate hikes would have hit you. Consider making part prepayments to better manage your home loan if your finances allow for it. Floating-rate loans work both ways — if you took advantage of a low rate when starting your loan, you should be prepared to pay a higher rate when rates start rising.
Through the Summit, Moneycontrol, India’s largest financial news platform and the flagship digital platform of the Network18 group, aims to raise vital issues, trigger conversations, encourage debate, and share knowledge from some of the industry's marquee leaders, chief executive officers and fund managers
The first step towards tax planning is understanding the components of your salary slip. "Finding out what comprises your salary and if tax is being deducted on your income helps you plan to save tax,” says Harshvardhan Roongta, principal, Roongta Securities
To achieve these luxuries, we constantly strive and scramble to garner new ways to make money.
Experts say small and midcap stocks outperform once they move out of deep phases of underperformance. The first off the block could be smallcaps, followed by midcaps.
A health emergency may be far from your mind when you start your career, but it is best to have an adequate health cover. Likewise, motor and cyber insurance covers, too, deserve a place in your protection portfolio.
Start early to avail the benefits of compounding, build a nest egg, work to a plan, stay safe: do this, and the force will be with you.
Bank of Maharashtra, Bank of India and State Bank of India offer interest rates between 8.9-10.55 percent on personal loans
Spend some, save some and plan your investments and taxes. First-time salary earners should learn the ropes of money management quickly to ensure they don’t squander their money away.
“Existing investors should stay invested as no one makes money by reacting to every headline,” says G Pradeepkumar, Chief Executive Officer of Union AMC.
