Page 658 - Personal Finance

Only your prudence can keep scamsters at bay

The PACL scam highlights the need for investors to do their homework before giving their money to any entities

A cost-effective cover for your home loan

How to take care of the massive liability at the lowest possible cost

AMFI seeks more tax breaks for mutual fund sector

The industry body has sought more tax incentives on ELSS, pension products and infrastructure debt mutual funds

Equity retreat shaves Rs 1,120 crore of MF assets

The decline in AUM would have been worse, had it not been for the surge in assets of income and liquid funds, and ETFs

Prenuptial agreements likely to be mandatory

It could make divorces amicable and help reduce court cases, experts say

SIP folios up 37% at 9.2 mn despite market volatility

Surge in numbers is significant as small investors are bulls by nature and uusually exit quickly when the market tanks or is range-bound

How to use credit cards to your advantage

They don't always lead to debt traps and in fact offer features that can make life convenient and help save money

A married woman can also become karta

Recent Delhi HC ruling lets the eldest woman in HUF to be its karta, giving her custodial powers over its finances

SBI's FlexiPay suitable for those with secure jobs

Could be risky if borrowers' salary does not keep pace with rising EMI

SBI launches new home loan plan for executives

Borrowers can pay only interest during a three-five-year moratorium

Be wary of hidden charges in loans with zero processing fees

Technical, legal, valuation fees could offset the benefit

Realty check: Budget - Rs 2-2.5 crore

Readers' Corner: Life Insurance

Case study

Survey report binding unless there's contrary evidence

Top funds beat benchmarks in a bear market

If you have laggards, stop allocating fresh money to them and watch their performance for three quarters

A golden ticket to citizenship

A number of countries allow you to become citizens by investing in government-approved projects or real estate or by buying bonds

Health policy: More disclosures, flexibility

You can look forward to discounts on premium for healthy behaviour and innovative products, if the health insurance proposals are passed

What will RBI do?

A surprise rate cut will bring positive sentiment around the Budget. A rate hike will be a shocker

Higher sum insured better than restoration benefit

Compare premiums before you buy. A top-up cover works out cheaper in most cases