Page 12 - Financial Investment

Lending on P2P platforms is risky

Possibility of 16-22% annual returns is attractive but analysts suggest caution till norms are put in place

Limited role for wife in HUF

She cannot be the karta but has the right to her husband's share in an estate after his death

Smart moves in a falling interest rate regime

Shift to cheaper loans and look at dynamic funds

Mutual Funds: Hemant Rustagi

A premium housing destination

Hotspot: Sahakar Nagar-Pune

Education loans need to be regulated

Public sector banks are major players in this market. There are also specialised companies like Credila and Avanse

Is your investment cost-efficient?

It is important to know the cost of acquiring and maintaining any asset class, as it can have an adverse impact on returns

Digital signature can make life easier

But there are a lot of Know Your Customer requirements and the validity is limited

Get education loan up to Rs 1.5 crore

Don't be lax about repayment, as it can hamper your credit score even before you start earning

Oil over-supply might continue

But, threats of supply disruption do remain and that could hurt India, given its import dependence

One platform, multiple benefits

Financial institutions can attract customers at a low cost by using the IndiaStack platform. Being entirely paperless, an individual can also quickly open a new account

Ensure safety of policies with e-account

While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves

Realty check

Budget: Rs 1 crore-1.5 crore

Readers' Corner: Mutual Funds

Insurer is liable for delayed decision

Failure to communicate the rejection on policy revival application within 15 days would mean approval

Overdraft against salary is cheaper

Short-term loans from NBFCs can be more convenient but come at higher cost

Focus on product quality, not on offers

Expect lucrative deals from a variety of companies this festival season, but read the fine print carefully before buying anything

Taking loans to repay card dues is not smart

Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap

Buy property in resale market to eliminate risk of delay

Read the investor-developer agreement carefully before signing the cheque

For moderate Pre-paid users, Rs 999 recharge hits the sweet spot