Page 13 - Personal Finance
Sign agreement locker agreement promptly, buy cover for valuables
Customers may face service interruption if they don't sign agreement after multiple deadline extensions
 "Sign agreement locker agreement promptly, buy cover for valuables")
Blend core SIP strategy with dip-buying for tactical market gains
Seasoned investors, who understand the context of a downturn, are more likely to benefit from dip-buying than those who act impulsively or without a disciplined plan
 "Blend core SIP strategy with dip-buying for tactical market gains")
Blend core SIP strategy with dip-buying for tactical market gains
Seasoned investors, who understand the context of a downturn, are more likely to benefit from dip-buying than those who act impulsively or without a disciplined plan
 "Blend core SIP strategy with dip-buying for tactical market gains")
Govt extends Unified Pension Scheme option deadline to 30 September 2025
Eligible central government employees, retirees, and spouses of deceased retirees now have until 30 September 2025 to opt into the Unified Pension Scheme
 "Govt extends Unified Pension Scheme option deadline to 30 September 2025")
SDL-based STRIPS: Use for duration matching, not for tactical gains
Invest for more than 12 months to enjoy favourable tax treatment
 "SDL-based STRIPS: Use for duration matching, not for tactical gains")
Assess true cost: Add up expense ratio of FoF and underlying funds
Understand the risks of the underlying funds and whether their strategies match your objectives
 "Assess true cost: Add up expense ratio of FoF and underlying funds")
Fixed deposit rates fall; Pickleball spreads: Top personal finance stories
Our newsletter this week has stories on what investors should do as deposit rates fall and why Pickleball is being called the 'people's game'
 "Fixed deposit rates fall; Pickleball spreads: Top personal finance stories")
RBI rate cut: Good news for loans, bad news for FDs | Personal finance | EMIs | Loans
The RBI recently surprised the markets with a 50-basis-point cut in the repo rate, bringing it down to 5.5%.
 "RBI rate cut: Good news for loans, bad news for FDs | Personal finance | EMIs | Loans")
Deferred annuity plans: Ensure retirement income with guaranteed return
Inflation will reduce value of payout, so invest part of retirement corpus in growth instruments
 "Deferred annuity plans: Ensure retirement income with guaranteed return")
Told your employer one tax regime, but want to switch? Here's the rulebook
You can move to another regime while filing Income Tax return, but maybe asked to pay extra tax if you change your choice says tax expert. Be ready for.
 "Told your employer one tax regime, but want to switch? Here's the rulebook")
Paytm rolls out customised UPI IDs: Here's how to create one for yourself
Users can now mask their phone numbers during UPI payments with Paytm's new personalised IDs
 "Paytm rolls out customised UPI IDs: Here's how to create one for yourself")
Tackling low savings rate: Automate with SIPs, retirement accounts
Control lifestyle inflation and avoid excessive reliance on debt by automating savings, budgeting better, aligning investments to goals and tracking progress regularly
 "Tackling low savings rate: Automate with SIPs, retirement accounts")
Cut home loan costs: Retain EMI, shorten tenure, consider prepaying
Borrowers can maximise savings when interest rates fall by retaining their EMI and reducing tenure, while also benefiting from repo-linked loans and selective prepayments
 "Cut home loan costs: Retain EMI, shorten tenure, consider prepaying")
What are the best fixed deposit rates for senior citizens?
Senior citizens are often loathe to deal with the intricacies of complex financial instruments. In such cases, it might be a good idea to just park their savings in a fixed deposit
 "What are the best fixed deposit rates for senior citizens?")
Suitable bets for cost-sensitive investors seeking market returns
Passive midcap and smallcap funds offer simplicity and low cost, but investors must weigh the risks including tracking error, volatility, and lack of downside protection
 "Suitable bets for cost-sensitive investors seeking market returns")
Most top performing active MFs have value, momentum bias, says study
PhonePe Wealth report shows that value and momentum equity mutual funds dominated five-year rolling return performance across flexicap and diversified categories
 "Most top performing active MFs have value, momentum bias, says study")
Gold loans: Quick disbursal, low rates, flexible repayment options
Easy access should not lead to overleveraging; beware that deferred repayment can increase interest burden
 "Gold loans: Quick disbursal, low rates, flexible repayment options")
87% of Indians choose eco travel: Here's top sustainable travel spots
As sustainability becomes a priority, Indian travellers are increasingly willing to spend more on eco-friendly options
 "87% of Indians choose eco travel: Here's top sustainable travel spots")
Swiping your HDFC card for rent or wallets? New charges kick in soon
HDFC credit card users face new charges on rent, wallets, gaming, and utilities from July 1, with tighter reward caps and GST on fees.
 "Swiping your HDFC card for rent or wallets? New charges kick in soon")
June 2025 bank holidays: Keep your banking on track with these dates
Check out the dates and tips to keep your banking smooth with digital services, even when branches are closed
 "June 2025 bank holidays: Keep your banking on track with these dates")