Page 9 - Himali Patel

Buy base policy, super top-up from same insurer to simplify claims

The deductible is the amount paid through the base policy or out of pocket before the super top-up kicks in. A higher deductible reduces the premium

Accumulate gold through SIP if portfolio allocation below 10-15%

The yellow metal may struggle if interest-rate cuts in the US are not significant, and the US economy remains stronger than expected

Buy-and-hold investors, avoid high secondary mkt premiums on SGBs

A key reason for the current delay is that SGBs have become an expensive borrowing route for the government

Investing in NBFC bonds: Strike a balance between return and rating

With more NBFCs tapping the bond market, interest rates are currently attractive

Momentum-based factor funds: Volatile but rewarding strategy for investors

"Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy," says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC

Consider benefits, costs before agreeing to insurance policy splitting

While splitting is common in life insurance, it sometimes happens in health insurance as well

Consider interest rate, collateral, cosigner terms when selecting lender

Indian students typically approach banks, NBFCs, and a few international lenders for foreign education loans

SIP myths debunked: When investors should step up, pause, or stop them

An SIP allows investors (particularly the salaried class) to match their cash flows with their investments

Investment and insurance: Invest in Ulip with above 10-year horizon

This forced insurers to introduce more cost-effective, customer-friendly products. "Manufacturers have eliminated the policy administration charge," says Rao

Beyond FDs: Blend growth and income assets in retirement portfolio

Senior citizens may invest in high-quality bonds, senior citizens savings schemes, and post office monthly income schemes

Keep loan-to-value ratio for gold below 75% to avoid topping up collateral

Only borrow an amount that can be repaid comfortably. The ratio of total EMI to take-home salary should not exceed 40 per cent