Page 320 - Personal Finance

Portfolio rebalancing: Is it time to move away from small-caps?

According to data from the AMFI, as of December 6, 2023, the average one-year returns for 23 small-cap funds stood at 32.68 per cent

World Cup fuels India's tourism boom, sparks 12.5% surge in contactless payments

The average stay of the international audience during the World Cup was 11 days whereas visitors from New Zealand stayed longer.

Misreported income leads to penalty: I-T dept advises to file revised ITR

"Misreporting of Income may result in penalty and prosecution proceedings under provisions of Income Tax Act, 1961," said the I-T department

With small & midcaps outperforming, direct more money to largecaps: Experts

Rebalancing by allocating more to an underperformer will help you avoid tax liabilities

80% of all term deposits are in the Rs 1.5-10 mn range, 60% from metros

At least 50 per cent of the deposits are still in the 7-8 per cent interest rate bucket. This has seen a 10 percentage points increase in the first quarter of fiscal year 24.

All you need to know about new DSP Nifty Smallcap250 Quality 50 Index Fund

The new fund offering has been open for subscription since December 5, 2023, and will close on December 15, 2023. The fund managers of the scheme are Anil Ghelani and Diipesh Shah

Infra, manufacturing, utilities to be biggest beneficiaries of bull market

Apart from the aforementioned traditional sectors, current capex cycle may have additional drivers in the form of new-age sectors such as data centres, AI infrastructure, EVs and green energy

NPS: Select and switch fund managers based on long-term performance

Monitor seven or 10-year performance and switch if underperformance persists for two years

With both stocks and gold on fire, is yellow metal the new multi-bagger?

Geopolitical factors, de-dollarization, inflation hedging has increased demand for gold

Credit rules festive sales, 3 out of 4 products sold through no-cost EMIs

One out of four purchases made during the Great Indian Festival sales, which kicked off on October 8, were through EMI and three out of four products were sold on no-cost EMIs, said Amazon

Explained: You can discard tax returns if your ITR status is 'unverified'

The discard option is only available for taxpayers with unverified returns from the assessment year (AY) 2023-2024 onwards

Motilal Oswal joins the small-cap bandwagon with NFO: All you should know

The investment objective of the scheme is to generate capital appreciation by investing predominantly in small-cap stocks.

Special Marriage Act: Only wife entitled to permanent alimony & maintenance

Children of marriages under this Act are not entitled to a share in ancestral property, only to parents' self-owned or inherited property

'Managed investments to more than double to Rs 315 trillion by fiscal 2027'

Increase digitalisation, rising investor sophistication in terms of retirement planning, higher awareness and use of insurance, investment objectives aimed to beat inflation will contribute to this

The black card you need: Best luxury credit cards in India for 2023

With benefits like complimentary memberships to luxury hotels, access to premium golf courses, VIP airport assistance, etc., these cards offer great value to those who lead a luxurious lifestyle

Fincare Small Finance Bank hikes interest on savings account to 7.5%

The interest rates on savings accounts of Fincare Small Finance Bank range from 3.51 per cent to 7.50 per cent

Why investing in IPOs is risky and how you can make a safe market bet

Investors must exercise greater due diligence compared to secondary market investing

Choose Balanced Advantage Fund that changes equity-debt mix on time

But, these funds can lose money during severe market corrections

NPS subscribers can now choose preferred fund managers for 3 asset classes

Those who have subscribed to the National Pension Scheme (NPS) can now choose separate pension managers for three asset classes-equity, government security, and corporate bonds. Earlier, subscribers

Safe IPO investments, private jet boom: Top personal finance stories

Instead of getting carried away by hype, investors must do a rational assessment of these offerings to determine if they are better bet than sector peers already available in secondary market