Page 155 - Personal Finance

61% of equity MFs outperform benchmarks in Dec 2024, flexi cap funds lead

Flexi Cap Funds led the pack, with 79.49% of schemes outperforming the benchmark.

Pension fund market needs diversification: DFS Secretary M Nagaraju

"Ninety per cent of assets are concentrated in only three pension fund managers - SBI, LIC, and UTI," M Nagaraju said

Assessing fund performance: Run the numbers, then do qualitative checks

Rely on multiple metrics to derive a holistic picture of performance. Also, compare a fund's performance with its category peers or the appropriate benchmark

Understanding switching costs in MF plans to avoid unnecessary expenses

As your financial goals evolve, your investment strategy may need some tweaks. Switching funds strategically can help you capitalise on market trends

Top FD rates in 22 private & public banks for short, long-term investments

Among private sector banks, DCB Bank offers the highest interest rate of 8.05% for fixed deposits with a tenure of 19 to 20 months

South Africa launches faster, simpler visa process for Indian travellers

Indian tourists currently account for just 3.9% of all international arrivals in South Africa

Budget 2025-26: Taxpayers expect greater exemption limit, simpler filing

Lightening the burden on the middle class will encourage them to spend more, say experts

Canada's cap on foreign students costs colleges Rs 8,000 cr loss: Explained

Immigration Minister Marc Miller has maintained that the federal government is not responsible for the financial issues facing institutions

Axis Mutual Fund launches scheme tracking Nifty500 Momentum 50 Index Fund

Scheme will follow passive strategy in 'momentum-driven stocks', says asset manager

RBI asks banks to use tool that identifies phone numbers to curb fraud

Regulator asks financial institutions to use special number series for promotional voice calls

Trump's birthright citizenship order blocked: Here's what we know so far

"You are an American citizen if you were born on American soil-period," said Washington Attorney General Nick Brown

Nagpur, Lucknow, Jaipur lead next wave of realty boom in emerging cities

Nagpur, Jaipur & Lucknow are emerging cities developing rapidly due to infrastructure upgradation and expansion, Government initiatives like smart city, urban expansion.

Tata Investment Corp buys 2 office spaces in Mumbai's Wadala for Rs 148 cr

The transaction featured a substantial stamp duty of Rs 8.88 crore.

Amid market volatility, strengthen portfolio resilience with largecap funds

Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts

Taking a loan to study abroad? Be prepared to pay margin money of 10-25%

Those getting admitted to non-STEM courses and lower-grades institutes must be prepared for stringent checks, higher interest rates, and more collateral requirement

Enemy Property Act: What to do if your home or property is wrongly listed

The Enemy Property Act came into the spotlight after reports that Bollywood actor Saif Ali Khan could lose properties worth Rs 15,000 crore in Bhopal

Homebuyer awarded Rs 2.26 cr for 10-year delay in flat possession

Haryana RERA's order in case underscores the legal obligations of real estate companies and homeowners' rights, say legal experts

Retired bank manager loses 2.2 cr in scam: Here's how to remain protected

Experts advise that if someone claims to be an authority, like police, an insurance regulator, or a ministry official, verify their identity by consulting contacting official helplines

US citizenship by birth: Impact on H-1B visa, green cards aspirants decoded

While Trump's comments on H-1B visas were seen as supportive, his administration's latest immigration order is likely to create challenges for visa holders

Living the future: Rising smart home automation offers a new way of life

Growing demand for technologically-enabled systems now allow homeowners to take more control, besides saving on energy costs and increasing security measures