Page 366 - Personal Finance

Fund pick: Kotak Savings Fund

Fund pick of Kotak Savings Fund

A snapshot of health insurance plans offered by various firms with details

Here is how the health insurance plans offered by various companies stack up

Retired couples can earn Rs 8,00,000 from select govt investment schemes

Equities, debt MFs and annuities should also be part of portfolio

Most Indians see families' financial security top life goal: Survey

Career, travelling abroad and caring for ageing parents other important goals

Choose a policy that needs pre-issuance medical test, say experts

Also avail of annual check-ups; doing so will make claim rejection harder for health insurer

Life insurance companies plan strategy tweak to offset tax impact

Union Budget has proposed to tax high-value policies with premium aggregating to Rs 5 lakh per year to plug arbitrage that HNIs are using to get tax-free returns on policies through Section 10(10D)

Rs 40-trillion MF industry braces for industry-wide forensic audit

AMCs term it from 'positive development' to 'preventive exercise'

Invest bulk of debt portfolio in funds that have 2-5-year average maturity

Avoid exiting from the category as most of the pain caused by rate hikes is behind us

Navi Mutual Fund first to switch from active to passive ELSS fund

Becomes first fund house to shift from active to passive in ELSS

Six easy steps to open an SIP online for those new to mutual funds

Systematic investment plans are a great way to invest in liquidity is an issue. What's more, they also reduce to impact of market volatility to some extent

Easy steps to help the lay investor get started investing in mutual funds

MFs present a great option if you aren't confident about investing in stocks and other asset classes on your own. But you must consider certain factors before choosing a fund house or scheme

Expense list to loan tenure: How to stay ahead of rising inflation

Maintain adequate allocation for equities in long-term portfolios for financial security

Opt for presumptive tax scheme only if you can adhere to its rules

Higher limits are positive, but remember you must stick to scheme for 5 yrs

Realty check for luxury housing after crucial change in tax structure

Deduction can be availed of under Section 54 and Section 54F in the same assessment year, thereby enhancing total limit, say tax experts

Mad money: Indulgence that keeps you disciplined

Clients with insufficient resources should be allowed a Mad Money Fund, even if it creates the risk they may not be able to meet their goals

Kotak, Edelweiss stop fresh investments in international mutual funds

Kotak MF and Edelweiss MF place restrictions on investments as they near their international investment limits

Consider switching home loan if you can get 35-45 bps lower rate

Avoid extending the tenure while transferring as this will nullify the gains

New and old: How two tax regimes work for home loan interest benefit

You can benefit under the new tax regime but there are a few caveats

10 things to remember if you are investing in units of a mutual fund

They work well for investors who aren't adept at picking stocks, debt and other instruments. Yet, one must consider a host of factors before choosing a scheme or fund house

15 schemes you might want to invest in to save income tax in FY24

Each of these had its own advantages and drawbacks in terms of returns, tenure, liquidity and point of taxability. Pick instruments based on your own finances, goals and investment temperament