Page 813 - Personal Finance

EPF scores over NPS

For retirement solutions, financial advisors prefer sticking to a combination of EPF/PPF and equity mutual funds

Tipping point

Investing: Rishi Nathany

Company responsible for fraud by agent

Account holders cannot be made to suffer for an act of omission by agents

Decontrol sweetener for sugar stocks

In an overall bearish market conditions, the upside in sugar stocks is quite tempting

LIC Nomura eyes 2-fold rise in AUM in FY14

The fund house posted losses in FY11, FY12, hopes to report a profit in 2012-13

SBI to discontinue free accident cover for loan customers

The bank, however, did not mention the reasons for scrapping the complimentary cover

MF investor accounts dip by over 34 lakh

Number of folios fell to 4.3 cr at the end of Feb from 4.64 cr in the previous fiscal

Limited impact of Glivec decision

Judgment offers continuity rather than changing things for Indian pharma whose PE discounts are anyway high

Don't shun equity for real estate now

Just as you wouldn't sell property when prices fall, wait for sentiments to improve in equities

Court makes life less taxing

Delhi High Court has issued directives to help tax payers with refunds

Axis MF applies for NPS

The fund house, which completed three years recently, wants to be a pension fund manager

BoB revises fixed deposits rates by up to 0.25%

Fixed deposit rate on maturity between 271 days and one year will go up by 0.15% to 7.75% from existing 7.60%

Direct plans capture 15% of mutual fund AUM

Most of this comes from institutional investors who look to save month, they would otherwise give distributors

High CAD is bad for you

Investments, education and travel abroad will be more expensive

10 life insurance funds beat Nifty with higher returns

The market barometer index Nifty gave 7.31% return during the fiscal ended March 31, 2012, as against the funds' gain of 12.4%

AMCs' average assets rise 19.5% in FY13

Majority of top 10 players outperform industry's growth, thanks to high inflows in debt funds and gains in stock indices

Life insurers' health plans are not necessary

Indemnity-based covers from general insurers pay hospitalisation charges and are cheaper

Housing finance cos rule out reduction in lending rates

HDFC says reduction in interest rate will depend on the cost of funds

Pocket money can make your kids poor savers

Study reveals that children who were given a weekly allowance free by their parents were less likely than those with a part-time job to put money aside