Page 757 - Personal Finance

Balancing your mutual fund portfolio

A lay investor can consider mutual funds to create a balanced portfolio and have exposure to different asset classes

Bajaj Allianz plans to move beyond mere claim settlements

Company to provide value added services to customers

Time to log into infra funds

2014 promises to be a lot better as capex cycle could see an improvement

Time to log into infrastructure funds

2014 promises to be a lot better as capex cycle could see an improvement

Be ready to pay more for ATM transactions this year

At present, customers are allowed unlimited free transactions if the ATM is of their own bank

PNB, Union Bank revise FCNR(B) deposit rates

The revised rate in dollar deposits for two years to less than three years is up 11 bps

Second half of 2014 to fuel growth in real estate

Clarity on new government, rates cuts, corporate spending to trigger growth in the sector

Morgan Stanley MF investors' choice

Experts not unanimous at suggested action in wake of HDFC takeover, though latter has had a good record

Mutual funds lose 2.4 mn investors during Apr-Nov

Marketman say exits largely due to profit-booking and various merger schemes

Many blue-chip stocks fail the inflation test

The marquee names include Hindalco, three Tata group companies and Colgate

New insurance guidelines

For starters, new traditional products will have a higher death cover

Ready reckoner rates hiked from today

Demat insurance policies will improve financial system's functioning, says RBI

Will facilitate information flow in the system

RBI breather for banks offering gold loans but with riders

Allows lump sum payment at maturity; loan to become non-performing asset if margin not maintained

Insurance mis-selling our problem, too: RBI

Misselling broadly refers to unfair or fraudulent practices adopted at the time of soliciting and selling insurance policies

Cheap personal loan rates are not necessarily cheap

Processing fees, pre-payment charges add to expenses; also low rates not for all

Renting real estate can be a worthwhile option

Not, invariably, in the long run, especially for those who aren't wealthy; however, it does make sense in certain circumstances

Be brave: Go for equities, shun gold

Experts advise getting back to equities, as the outlook on the yellow metal and real estate is weak

Case study

Interning abroad? File tax returns

Govts don't let go easily, even of students' earnings; scan the law closely to know how to comply or get exemption