Page 679 - Personal Finance

Case study

Realty check

Budget: Rs 50 lakh-Rs 1 crore

Mutual Fund: Nimesh Shah

Investing in start-ups: The search for the next big hit

Add critical illness policies to your insurance portfolio

However, it is important to have comprehensive medical insurance before you buy these additional covers

Recession, inflation haunt real estate

Steep corrections in Delhi & Mumbai in the late 1990s had spurred the demand. This could happen again

When home loan default is imminent

Liquidate FDs, MFs and insurance first. Sell the property if bought for investment purpose

Mutual funds gather Rs 2 lakh crore in Apr-Jul FY15

This is much higher than the net inflow of Rs 1.13 lakh cr during the April-July period of 2014-15

PSU general insurers on promotion spree, elevate 21 DGMs to GMs

In PSU general insurance space, GMs are No 2 in rank and equivalent to exec directors at state run banks

Invest in registered chit funds only

Bank FDs and mutual funds score over chit funds in terms of liquidity options, easy monitoring and tight regulation

Pension regulator to invite bids for fund managers for NPS

While the existing fund managers have been appointed for three years, the new ones will have a tenure of five years

Govt gift scheme has limited benefits

While insurance is cheap, returns on the fixed deposit are negligible

Now, car loans to be available online

Tata Capital launches service where prospective buyers can search for a car and apply for a loan on the platform

No charges for redeeming MFs before fund house shuts

Investors can redeem investments by submitting transaction slip; but taxes will charged, if applicable

Joint life insurance is cost effective

A couple should opt for it if it shares a financial liability

Everything you need to know about small savings schemes

When there is no transaction in an SB account continuously for three financial years, the account will be treated as silent account

CBDT notifies ITR forms for companies, firms

Central Board of Direct Taxes has notified ITR 3, 4, 5, 6 and 7 for Assessment Year 2015-16

Start thinking large-cap now

With mid-caps running up, many large-cap stocks seem undervalued

Case study

Life Insurance: Amitabh Chaudhry