Page 807 - Personal Finance

Gilt funds back on investors' radar; segment sees inflows of Rs 986 crore

Fund managers say investors can still make a double-digit gain from hereon

Choose debt MFs over Ulips

Avoid putting money in debt-focussed unit-linked plans. Buy debt-oriented balanced funds if you are risk-averse

FinMin for changes in prize chits & money circulation Act

Department under finance ministry has proposed to insert a new section 3A in the Act through an amendment Bill

NPS offered double digit returns in FY13

Employees Provident Fund Organisation, on the other hand, offered a return of 8.25% on retirement funds last year

PineBridge plans US equity fund

Will be a conduit, which will look to invest in mutual funds that invest in shares, other related equity securities of business which have assets, products, operations in USA

Gilt funds back on investors' radar; segment sees inflows of Rs 986 crore

Fund managers say investors can still make a double-digit gain from hereon

FinMin ratifies 8.5% interest on PF deposits for 2012-13

Move will enable EPFO to settle claims at 8.5% and also credit interest into the accounts of subscribers for 2012-13

Shriram Asset Management to launch open offer

Move is part of plan to renew MF business

Restore the sum assured

Use the health restoration option for family floaters but it will work only if second claim is for a different ailment

CobraPost revelations give mutual fund officials an opportunity to raise collars

There is not a single case so far involving mutual funds, they say

Foreign exposure curtails risk

First-time investors should stick to US-based funds initially & diversify to other emerging market or sector funds later

MFs start FY14 with net equity outflow

As per Amfi's data, net outflows stood at Rs 270 crore against a net inflow of Rs 768 crore in March

Mutual fund assets up 18% in April on inflows into liquid funds: Crisil

AUM rose 18% to Rs 8.26 lakh crore in April from Rs 7.01 trillion in March

Case study

Limited impact of online redress sites

While they score on cost, many do not take full responsibility and might be unable to push companies beyond a point

Home, and not so alone

Builders are coming up with retirement home colonies that offer a number of services. The payment options include outright buys, deposit models and lifetime lease

Tipping point

Upbeat prospects

HOT SPOT: KUNDLI, HARYANA

Debt Counselling: Mohan Jayaraman

Company responsible for misappropriation by employee