Independence Day Personal Finance

At present, index funds and Exchange-Traded Funds (ETF) cannot invest in listed shares of group companies or sponsor companies in excess of 25 percent of its net assets. This restricts the ability of passive funds that invest in thematic and sector indices. SEBI has now proposed to relax this limit.

Turning 30 and still going strong: How Franklin Templeton built wealth in its two oldest schemes

Franklin India Bluechip Fund and Franklin India Prima Fund, two of India’s oldest equity funds, compete 30 years. Launched in 1993, these 2 were, at the time, India’s first private sector mutual fund schemes

Bajaj Finserv MF debuts in equity segment with flexicap fund: should you invest?

This is a new fund house, and one is yet to see how their strategies pan out. The sheer variety of funds already present in this category means that you can look at existing schemes for now.

ITR filing documents: 10 important documents you need to file your income tax return

As per income tax rules, interest received from savings bank account, post office savings account, fixed deposits, and recurring deposits are taxable.

Financial freedom is the option to earn money, without even doing anything: D Muthukrishnan

The Chennai-based certified financial planner doesn’t like the idea of home loans. Since EMIs become such a large chunk of the monthly expenses, a home loan takes away the dreams an individual sees in his 20s, he says. No wonder, save early and save more is one of his success mantras.

India@75 | Taxation benefits for those born in the Independence year

Stringent conditions make taxation benefits for those above 75 years of age pointless.

Tapan Singhel: Getting insured is crucial for attaining financial freedom, as it ensures a worry-free life

"Covering health, life and crucial assets, such as house and car, holds key to financial independence."

Armed forces personnel must secure their finances for a comfortable retired life

In addition to provident fund, have an exposure to equities early in your career for long-term wealth creation so that you do not have to diminish your corpus for one-off expenses like weddings and a child’s higher education.

Born before India’s independence, these companies grew to be MF favourites. Here’s their journey

Many of these have not only contributed richly to India’s development, but have become MNCs in their own right, touching economies around the world

Nilesh Shah: Financial freedom is not about money alone, it’s about a mindset

A caring family, a frugal life, investing wisely, and good karma are the foundations for one’s financial freedom.

Swarup Mohanty: Your goals should be realistic when planning your financial freedom

Swarup Mohanty, CEO of Mirae Mutual Fund, has taken a disciplined asset allocation approach with annual reviews to achieve his post-retirement basic goals, as well as pursue his passion for travel and music.

Online shopping sites and physical store line up Festive Sale offers: Four smart shopping tips to make the most of it

This festive season, before you shop, understand whether it's a need or a desire to purchase, take a step to save now and buy later, do the math behind deep-discount schemes offered, and more suggestions.

This fauji turned financial planner helps soldiers plan their finances

After having spent three decades in the armed forces, New Delhi-based Col. Sanjeev Govila took voluntary retirement in April 2010. During his years in service, he observed that the singular focus of many armed forces personnel, like him, was to serve the nation – there was little time for financial planning. It’s difficult for army men and women to manage their money. Frequent transfers and sudden calls to duty meant letting go of investment opportunities. Since Govila always had a knack and his peers would often come to him for financial advice. Two years before retirement, Govila decided he wanted to become a financial adviser, but exclusively for armed forces personnel... Watch this video to know how he went from serving the nation to protecting finances!

Just started working? Here’s how to become financially independent

After you get health insurance and an emergency corpus in place, make sure you invest in equities. Avoid fads of the day. As India gets ready to celebrate its 75th year of Independence, it’s important for her citizens to also be financially free. Save, invest and spend, but do not overspend.

Money triumphs and pitfalls: How two 75 year olds navigated their finances with India’s independence journey

Indians who have crossed the milestone of 75 years share their financial triumphs and regrets during their younger days as well as silver years. Learn the right money lessons from their experiences to ensure a clear pathway towards financial freedom.

How to become a crorepati with just Rs 7,500?

The key to long-term wealth building is through regular and systematic savings. This can be accomplished by smaller amounts that systematic investment plans of mutual funds allow

How much money do you need to be truly financially free?

Financial freedom can be achieved by following good financial habits, proper planning and investing.

How have the investing habits of Indians changed since independence?

In this special series on Independence Day, we take a look at the investing habits of Indians. The most remarkable change in the last two years is of course the record flows into the domestic equity markets but barring that, Indians have held affinity to primarily two asset classes: real estate and gold. Watch the video to know more about the investing patterns followed by Indians over the last 75 years.

India@75 | Notes from the campus: Here’s what students from top institutes tell us what financial freedom means to them

Majority of the young professionals today - including college students and graduates who are just about to become a part of the working population, define financial freedom as one of their future goals

Bullets to Budgets: A retired colonel who learnt from his mistakes and now helps defence personnel with financial planning

Sanjeev Govila is a retired colonel who studied financial and investment planning and now runs a firm called Hum Fauji Initiatives that exclusively helps the armed forces in financial planning.