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Source: Live Mint In FY 2023-24, the new tax regime became a default regime. This shift has led many taxpayers to wonder whether traditional tax-saving investments such as PPF (Public Provident Fund), NSC (National Savings Certificate), post office saving scheme and NPS (National Pension System) are still relevant for the purpose of investment. The tax-saving…
Source: Live Mint ‘This is my grandfather’s voice,’ Hrithik says, and if you can take your eyes away from his beautiful chiseled face, then you will be amazed at how the old boombox is still in working condition and the cassette tape is still intact! Netflix gives us a four episode insight into the family…
Source: Live Mint Portfolio rebalancing is a crucial investment strategy that helps investors maintain their desired asset allocation over time. It involves adjusting the holdings in your portfolio by buying or selling assets to return to the original target allocations. This process plays a key role in managing risk, improving returns, and ensuring that a…
Source: Live Mint The financial market is brimming with investment options, each with its own set of risks and rewards. However, not all financial products are worth your investment. Some carry high fees, hidden risks, or offer poor returns, making them more harmful than beneficial. In this blog, we will explore five financial products you…
Source: Live Mint The year 2024 saw the launch of 200 new fund offers (NFOs) with September and October contributing 50 schemes. It is common among retail investors to invest in a new fund offer since they assume that the price at which a scheme is available is invariably tempting. However, this is often not…
Source: Live Mint I am a married man, 35 years old, and have two minor children. Neither my wife nor I own anything substantial at this time, but we have nominees for some bank and demat accounts, PPF, etc. We have been advised to create a will, but we feel we are too young for…
Source: Live Mint Investing in a mutual fund consistently can yield good returns. In fact, consistency is the key to investment and wealth generation. An investment made over a long period of time gives the benefit of compounded returns. Compounding is so potent that it is sometimes referred to as magic. This is how it works: when…
Source: Live Mint Q. I am a Senior Creative Director working with a marketing agency in Bengaluru. I have been investing in large-cap index mutual funds for the past 4 years. I plan to diversify my portfolio and invest in other categories. Many of my acquaintances have suggested that I invest in quant funds. However,…
Source: Live Mint Retirement is a phase we all face, especially for salaried professionals. It’s a period when regular income from work stops, but expenses—monthly bills, healthcare, and leisure—continue. The key to enjoying a financially secure retirement lies in the preparation you do during your working years. By saving and investing wisely, you can build…
Source: Live Mint Top NewsSEBI outlines process for waiver or reduction of interest in recovery proceedings The Securities and Exchange Board of India (SEBI) has issued guidelines for seeking a waiver or reduction of interest levied during recovery proceedings for penalty defaults. The guidelines specify the eligibility criteria, application process, and exclusions for applicants. Entities…
