Page 979 - Personal Finance
Sebi rejects MFs' plea on investor awareness costs
Wanted money set aside for these programmes to be on a portion of equity assets, not overall AUM
Being penny wise is tough
Penny stocks can give sudden fillip to portfolio, but don't make these part of core holdings
Reviving policies: Through grace periods
Reviving a traditional policy is easier than a Ulip
Mutual funds gain Rs 54,681 cr assets in July-Sept
HDFC MF retains top slot with AUM of Rs 97,774 crore, followed by Reliance MF, ICICI Prudential, Birla Sun Life and UTI MF
Five MFs to discontinue 190 schemes to comply with Sebi rules
The move follows new Sebi regulations, which require fund houses to launch only one plan per scheme with effect from this month
Go easy on spending this festive season
If you really want to spend, liquidate profitable investments but shy away from unnecessary loans
Cost of new insurance policy likely to increase
FM's revival package for life insurance sector will lead to high growth-high risk investments, lesser documentation
Most equity mutual funds miss market rally
Close to 70% of 333 equity schemes underperform BSE 500
Give a pass to women-centric insurance plans
You could do better with a comprehensive health insurance cover
Falling interest good for long-term debt funds
However, with timing of rate cuts uncertain, check potential of short-term funds as well
Life could get easier for policyholders
Policyholders can look forward to fewer rejections on grounds of mis-statement of facts after three years
Transparent, but more expensive
Steps like single plan structure or applicability of NAVs will not change things so much
MFs mobilise over Rs 1.5 trn from investors in 2012-13
Mutual funds had mobilised Rs 83,000 cr in 2009-10, Sebi data shows
Mutual fund mangers reverse investment bets
This comes after most MF equity schemes missed the current rally
After a 2-year gap, September haunts MFs again
MF's equity segment witnesses highest net outflow in 24 months
MFs step up new equity fund draft filings as markets rally
Draft offer documents were filed for three equity mutual fund schemes in September
Commercial use of residential flats is expensive
Besides property tax, which can go up by 100%, the housing society could also impose charges