Page 211 - Personal Finance

Create, register partition deed for legally binding property division

To make the division legally binding, the partition deed must be registered with the relevant authority

NPS Vatsalya launched for kids: Know investment amount, eligibility, & more

NPS Vatsalya is an extension of the existing National Pension Scheme (NPS) but focuses on children

67% of equity MFs outperform respective benchmarks in August 2024

For the month ended August, 2024, monthly returns of Nifty 50 TRI, Nifty Midcap 150 TRI & Nifty Small Cap 250 TRI were 1.74%, 0.90% & 1.17% respectively.

Deepika Padukone's firm KA Enterprises buys luxury Bandra flat for Rs 18 cr

In the same month, Anju Bhavnani, mother-in-law of Deepika Padukone and mother of Ranveer Singh, acquired the adjacent apartment for Rs. 19.13 crore.

Are hedge funds dead? Decoding where ultra-wealthy are investing right now

Currently, private equity takes up the largest allocation of Tiger 21 members' portfolio at 28%, followed by real estate investments at 26%. Public equity holds around 22%, while cash around 12%.

Now, withdraw up to Rs 1 lakh from your PF, even within 6 months of joining

If you are an EPFO contributor and there's a family emergency, you can now withdraw a higher amount

Now, SBI MF launches Nifty 500 Index Fund: should you invest?

Index funds, such as the Nifty 500, are passively managed and seek to replicate the performance of the underlying index.

Turkiye introduces new tech visa for entrepreneurs: What you must know

The programme offers a three-year work permit for those seeking to establish start-ups in Turkiye

Post-Covid: Households shift to equities amid attractive returns

This trend is being amplified by strong returns in the equity markets in recent years, said Kotak Institutional Equities in a report

Millionaire boom: US, China dominate super rich club, 60% are founders

China's ascent has been the most dramatic, with its centi-millionaire population expanding by 108% over the past 10 years - outpacing even the stellar performance of the US, whose super-wealthy ranks

Lack funds for education? Here's all you need to know about education loans

Whether it's tuition fees, books, or even a laptop, education loans help cover the costs and make education more affordable

Sebi speeds up bonus share trading: What this means for you

Bonus shares will now be available for trading on the second working day (T+2) after the record date.

UK to start ETA for non-visa travellers in 2025: What this means for you

The UK Home Office has introduced the ETA scheme, which operates similarly to the US ESTA system

India emerges as big PE hub with 86% investors planning higher allocations

Deal activity in India has rebounded, with 643 deals worth $17.1 billion recorded in the first half of 2024. Investors are eyeing sectors like consumer, retail, healthcare, and technology.

Now, Indians can send tuition fees to 600+ universities abroad via HSBC app

HSBC's Global Education Payments service allows customers to pay tuition fees directly to over 600 international universities through its mobile banking app

Australia to launch ballot system for Work and Holiday visa for Indians

The Work and Holiday visa is open to individuals aged 18 to 30, allowing them to travel and work in Australia

Rs 1 cr penalty on HDFC Bank: How to protect yourself from recovery agents

Recovery agents may use untraceable phone numbers or WhatsApp messages to avoid identification.

This Canara Robeco MF has turned Rs 10,000 SIP into Rs 85 lakh in 15 years

A monthly SIP of Rs. 10,000 invested in the fund has grown to Rs. 84.81 lakh, delivering an annualized return of 18.64%

Avoid partial payout: Buy health insurance cover with fewer sub-limits

If you feel unfairly treated, you can complain to the insurance ombudsman or switch to another provider

UK grants 286,382 work visas, 432,225 student visas in a year: Data shows

British citizenship was granted to 246,488 during the same period, an increase of 37% compared to the year ending June 2023