Page 731 - Personal Finance

Banks cut big-ticket home loan rate

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75 lakh

Gold purchases can wait

Unlike earlier years, buying it closer to the festival season can be cheaper

Inform clients on website to update details: Sebi to Brokers

Directive follows instructions to trading members to update mobile numbers and email-ids of clients who have transacted in 2014-15

Don't do systematic investment in short-term debt funds

This works only for longer-tenured ones such as income funds, as the element of interest rate risk is reduced

The conservative should focus on diversified investing

But a risk-taker can focus on a concentrated portfolio, like an entrepreneur whose portfolio contains just one business: His own

ETFs provide low-cost access to beta exposure across all assets classes: John Davies

Interview with Vice-President, Global Exchange Traded Products, S&P Dow Jones

Should you try different index ETFs?

These are cheaper, less risky than managed funds; for related reasons, returns might be lower. We look at both sides

Two-wheeler insurance policies to get cheaper, easier to buy

Irda has introduced long-term motor third-party insurance policy for two-wheelers, with a three-year term

Case study

Mutual funds get costlier

Charges of many schemes have gone up by a good 50-75 bps. This will hurt returns of investors significantly over the long run

Seeing consistent price appreciation

Hot Spot: Rajaji Nagar, Bangalore

Borrowers switch banks when offered additional loan

EPFO may announce PF interest rate for FY15 on Tuesday

The issue of payment of interest rate for 2014-15 is listed on the agenda of the next meeting of the Central Board of Trustees

Enjoy a tax advantage with arbitrage funds

They are a good substitute for income funds over periods of one to three years

Advance ruling facility to resident tax payers: CBDT chairman

A high level body headed by a retired judge of Supreme Court has been set up

Go for systematic withdrawals from debt funds

Only the capital gains part of the withdrawals will be taxable, not the entire amount

Indians believe in saving more for retirement: Survey

Survey was conducted across 12 countries, covering 22,347 employees working for large, non-govt employers

FinMin backs banks on capping free ATM usage

The cap includes transactions such as balance enquiry and cheque book request

A cheaper option for purchases, with riders

ICICI Bank's new offer is for those with savings in fixed deposits but no immediate liquidity

Now invest up to Rs 1.5 lakh in PPF

Finance Minister had raised the investment limits in tax saving schemes with an aim of encouraging household savings