Page 102 - Sunainaa Chadha

Real estate: Buy or rent? Invest or occupy? Here's how you can decide

Having about 30% cash for a down payment indicates financial readiness for homeownership. Having the minimum cash allows you to borrow the rest

You can now book an FD online in 3 minutes, compare rates on this platform

The online platform enables investors to compare FDs and invest in one within 3 minutes without having to open a savings account.

Demand for RuPay credit cards pips Visa and Mastercard in tier II cities

The report suggests that demand for Rupay credit cards went up by 37 per cent on quarter in the July-September period across India's 706 small towns and cities.

Travel-based credit cards see 5-fold surge in demand, women take the lead

Axis Bank Vistara credit card, American Express Platinum Travel card, and SBI ELITE card credit have emerged as top-preferred among travellers.

Nearly 50% of equity investors redeem their MF investments within 2 years

The majority 59 per cent of investors still consider past performance as one of the key benchmarks for investing in mutual funds.

Visa cardholders can get free lounge access across Asia if flight delayed

Enhanced partnership allows eligible Visa cardholders across Asia Pacific access to SmartDelay, Collinson's airport lounge solution in the case of flight delays or cancellations, with immediate effect

Quitting smoking can bring down your term insurance premium by up to 75%

Smokers are more vulnerable to co-morbidities and critical illnesses, which calculatedly increases the underwriting risks for insurance companies.

Explained: Why your ideal term cover should be 10-15 times your annual pay

You should get a term cover that replaces the financial contribution to your family in the unfortunate situation of loss of life. The ideal duration for a term plan is up to the age you plan to earn

55% of retail credit used for housing, education, car buys in last 2 years

A low-interest rate regime in India during the pandemic resulted in a "paradigm shift" of households' savings from financial to physical assets.

In charts: Are mutual funds a threat to bank deposits post pandemic?

Mutual funds have an inherent advantage when it comes to investing as they offer a variety of products depending on the preferences of the investors

Make UPI payments through a phone call with this HDFC Bank feature

UPI 123Pay makes it possible for anyone in India, regardless of their phone type, to effortlessly make payments using a simple phone call, without requiring internet connectivity or a smartphone.

Why you should ditch the ULIP for a Term Insurance plus equity mutual fund

Most ULIPs show very high returns, which is the selling point. But they don't share that these returns are calculated without any charges.

Looking for a holiday home? These are the top 5 investment options for HNIs

Colliers has identified top 5 corridors based on the annual rental yield and expected capital appreciation.

1/4th buy travel insurance 30 days prior to trip: How to pick the right one

You must ensure that the most common and basic benefits like coverage for Covid-19, medical emergencies, trip cancellation and curtailment, baggage loss and passport theft, etc, are covered

Premium cards to higher rates: How small saving banks are luring depositors

While large lenders are resorting to special schemes, small savings banks are rolling out special cards, higher interest rates on savings accounts and competitive fixed deposit rates too.

Now, a savings account that offers up to 7.5% interest : Details here

Monthly Average Balance >= Rs. 1,00,000 in Savings Account (or) Cumulative FD >= Rs 15,00,000 (Active FD in the name of the first holder)

Robust inflows in July and August 2023: Arbitrage funds are back in favour

Investors typically park their short-term money in arbitrage funds because they are tax-friendly and can deliver better post-tax returns than some debt funds.

Full list: These are the top-performing equity mutual funds in August 2023

Among the Top 10 funds, the highest MoM rise was seen in Mirae Asset Mutual Fund (+3.5%) followed by Nippon India Mutual Fund (+3.1%), DSP Mutual Fund (+1.8%), HDFC Mutual Fund (+1.6%)

MF tracker: Maximum decline seen in financial stocks in August 2023

Stocks that witnessed the maximum decline in MoM value were SBI, ICICI Bank, HDFC Bank, Reliance Industries, ITC, Cummins India, TCS, Kotak Mahindra Bank, Bajaj Finance, and Ashok Leyland.

FDs should not be used for wealth creation: What investors should do instead

You might get excited when banks offer 8 per cent interest rate on a five-year fixed deposit.