Page 13 - Financial Investment

Do you have enough health cover?

You need to revise the sum insured periodically to keep pace with medical inflation

Sector funds: You can take the lump sum route

While SIPs work for all kinds of schemes, this route can maximise returns in certain sector funds

Stay financially fit after 60

After retirement, the pressure on finances increases in the absence of regular income. Here are a few suggestions to ensure a smooth post-retirement life

Go only for finished flats till May 2017

After coming into effect, the Real Estate Regulation Act will ensure that developers are unable to take home buyers for a ride

Vanagaram, Chennai: Driven by IT, ITeS workforce

Readers' Corner: Life Insurance

Amitabh Chaudhry, managing director & chief executive officer, HDFC Life, answers your questions

Run SIP for a decade to reap rich rewards

Keep an eye on the fintech space

Investors cannot afford to ignore the disruption that will impact a wide range of sectors Investors cannot afford to ignore the disruption that will impact a wide range of sectors

Use credit card with discretion this festive season

While it is a convenient mode of payment, it is not an efficient way of borrowing. Repay your dues fully every month if you decide to use it

Profit from discounts in closed-end funds

They are sometimes available on the exchanges at a discount of 30-40 per cent to their net asset value

Realty check

Mutual Funds: Nimesh Shah

Look at MF, PPF before investing in NCD

For the wealthy, post-tax returns of debt funds would work out better

Stay invested in equities over the long term for better returns

Convenience, safety or discount?

A mobile wallet may offer discounts but allows transactions of limited amounts. And, while a bank app or internet account allows larger transactions, it might be less convenient

Rupee could depreciate

A lower rupee might lead to a positive revaluation of export-oriented businesses

Contribution is key to claiming tax benefit

If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax

Settle your financial affairs before moving abroad

Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts

Virtual trading not a substitute for real world

Such platforms are good for novices, and help seasoned players test their investment strategies

5 Star wedding within your budget

If you book well in advance and opt for minimum decor, both wedding and reception can be held for Rs 10-15 lakh