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Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
Sunainaa writes on all things wealth and money for Business Standard. She has formerly worked with ToI, Splainer, HT Digital, Times Now, Firstpost and ET.
The highest MoM net buying in Feb 2024 was observed in HDFC Life and Adani Enterprises
Foreign inflows too witnessed a rebound in 2023 registering a 20 per cent year-on-year rise at $3.6 Billion.
Deposit is to be made for 15 years from the date of account opening. The account will mature 21 years after the date of opening or at the time of marriage of the girl child
Nifty 500, India's broadest index, outperformed most of the world's leading indices except the Nasdaq 100 over the last 10 years, according to the study by Motilal Oswal Asset Management Co.
Sectoral funds carry higher risk, thus one could take controlled exposure to such funds
In February 2024, the Nifty Next 50 index stood out as the top performer, boasting a remarkable growth of 6.7%.
Debt funds continue to see most of the action in the short end of the yield curve and markets are, perhaps, waiting for clarity on the direction of interest rates.
TDS is deducted on the interest earned on FDs. Even though FD provides a marginally higher interest rate, due to TDS deduction, the post tax returns may be lower.
The report is based on a survey of over 800 salaried and self-employed women across 10 cities in India.
While there has been a steady increase in the number of fund managers as compared with the 428 seen last year, the number of women fund managers has been static.
With a joining fee of Rs 2,000, this card offers many benefits like free lounge access, cashback, and discounts on EaseMyTrip bookings. Recently, AU Bank also introduced the ixigo AU Bank Credit Card
Some of the popular investment options are fixed deposits and recurring deposits. These are one of the most common types of investment for retired individuals.
The study revealed that providing financial security for family is the top life goal, with 71 per cent women prioritizing it.
Multi-Bagger stocks mean the stocks that provide returns that are several times the amount invested in them.
For senior citizens in India, a combination of SCSS, PMVVY, POMIS, FDs, and carefully selected mutual funds can form a robust investment strategy.
Deposit mobilization by banks continued to remain skewed in the 1-3-year bucket and it continues to rise consistently.
These FDs do not allow you to withdraw your deposit before the maturity date, which is not the case for callable FDs unless a court order is issued in the event of death or bankruptcy.
The NPS is used not only to build a sizable retirement kitty but also to reduce your taxable income by an additional Rs 50,000.
Some platforms or merchants are levying a convenience or transaction fee for UPI transactions
HUF has its own PAN card, and separate returns are filed, ensuring its independence from individual tax liabilities.