Page 654 - Personal Finance

Readers' Corner: Mutual Fund

The right questions before picking a high-value term plan

The rack rate of premia is seldom going to be the amount that the insurance company charges even the fittest of persons

Positive surprises will trigger buying

With no bullish build-up to the Budget, bears may have already discounted the negatives

Five ways to improve your household budget

Today, when the nation's attention is on the Union Budget, take a moment to consider ways to improve your finances

Financial planners' fees should match your needs

For someone with limited assets, it does not really make sense to opt for an advisor who will charge you for personalised services. For the wealthy, either asset-based or a flat fee works out better

MFs expect basic income tax exemption going up to Rs 3 lakh

If this is done, it can leave additional liquidity of Rs 50,000 cr with taxpayers, a part of which can go into investments

Gift a house on which capital gains benefit has been claimed

If a close relative who gets the property sells it within 3 years of purchase, the original owner will lose the tax break

Use Telenor's free life insurance to increase your coverage

Being a micro-insurance product, the sum insured is restricted to Rs 50,000

Low awareness among employees about health cover benefit: survey

Only 19% know of all benefits in a group health plan; only 8% find sum assured adequate

Over long term, large caps look as ordinary as FDs

The returns offered by these equity schemes is in line with what bank FDs made for investors

Why life insurers reject accident claims citing breach of law

General and life insurers may view accident claims differently because of the difference in product structures

Fixed maturity plans are riskier, but offer better returns

However, investors should put in money only if they are willing to stay for the entire tenure of the instrument

Pick the right tax-saving fund

What you should consider before choosing an ELSS

Here's how you can pick right tax-saver fund

A look at some of the criteria you should consider while choosing an equity-linked saving scheme

E-policies made compulsory for most categories

In some cases, like motor insurance, the government needs to first recognise these

Time to change meaningless income-tax exemptions

Many exemptions make little sense, such as a monthly exemption of Rs 100 for college education and Rs 300 for hostel fees

Case study

Opportunity for homebuyers

A slow market is a boon for end-users, if you make sensible use of developers' predicament and price trends

Should you invest in credit opportunity funds?

Before you rush out to put in your money, understand the risks they carry

Dadar, Mumbai: Benefits of central location, excellent connectivity

Dadar has historically proven so popular that the market itself is near saturation point in terms of residential property