Page 77 - Personal Finance

Children's fund: Lock-in is useful if you tend to exit amid high volatility

Before investing, understand the fund's portfolio composition, and whether it suits your risk appetite and horizon

With small & midcaps outperforming, direct more money to largecaps: Experts

Rebalancing by allocating more to an underperformer will help you avoid tax liabilities

Special Marriage Act: Only wife entitled to permanent alimony & maintenance

Children of marriages under this Act are not entitled to a share in ancestral property, only to parents' self-owned or inherited property

Three financial planning mistakes experts make

Your financial plan should not be based on slogans or catchphrases. Instead, keep asking why till you agree with the rationale behind your plan

Choose Balanced Advantage Fund that changes equity-debt mix on time

But, these funds can lose money during severe market corrections

Safe IPO investments, private jet boom: Top personal finance stories

Instead of getting carried away by hype, investors must do a rational assessment of these offerings to determine if they are better bet than sector peers already available in secondary market

Leaving on a private jet plane: How India's richest are flying high

The country's richest people can't wait to catch the next chartered flight home

Company fixed deposit interest rates, tenure range explained in chart

Consider table by Policybazaar if you are a conservative investor who doesn't want to risk their money

2.5% interest, tax exemption on maturity make gold bonds attractive

But there's a lock-in of five years and investors lose tax exemption if they exit prior to maturity

Want guaranteed long-term returns? Consider non-par insurance plans

Get an expert to calculate internal rate of return; ensure premium doesn't exceed Rs 5 lakh annually for tax-free return

Update your nominations, review credit report before the year ends

Ensure that loans are properly closed and documents submitted to the lender returned

'Claim denied': Mistakes in health insurance that can give you heartache

Being aware of policy's exclusions and waiting periods is equally vital

Confident, cautious: What Indian consumer feels about finances, spending

The survey on 'the resilient consumer' questioned more than 10,000 consumers in 16 countries, including India

Sectoral, thematic funds: Investors should avoid extrapolating past returns

Such behaviour leads to chasing funds that are past peak performance

Health insurance safety, adventure sport boom: Top personal finance stories

Our pick of best stories this week explains why medical claims are rejected and how Indians are seeking thrill

US Federal Reserve's potential 2024 rate cuts may extend rally in silver

Investors must, however, be prepared for greater volatility in white metal

Pension plan terms and guaranteed sums explained in one chart

Policybazaar details various plans of financial companies for retired life

Upbeat outlook amid stable credit environment, high portfolio yield

Take moderate exposure to these funds, given the potential for defaults and downgrades in their lower-rated portfolios

Private credit: The rise of a diverse capital solution

Private credit has the potential to serve a larger market need, supplant traditional and alternative pools of capital

Thematic mutual funds gain popularity; attract Rs 14,000 crore in 5 months

Thematic mutual funds have been gaining traction among investors with the category attracting nearly Rs 14,000 crore in the past five months, signalling an increasing high-risk appetite among investors. The category has been attracting regular inflows since June. Before that, the segment saw a net withdrawal of Rs 169 crore in May, the latest data from the Association of Mutual Funds in India (Amfi) showed. Sectoral fund investing is for very high-risk appetite investors as the portfolio is concentrated in a particular sector. Only a well-informed investor should park funds in the sectoral funds. "With an increased risk appetite for equities and awareness of products and offerings, retail investors opt for higher-risk products like thematic or sectoral funds compared to other products, Gopal Kavalireddi, VP - Research, FYERS, said. Going by the Amfi data, thematic funds witnessed an inflow of Rs 3,896 crore in October, which was the second-highest amount in the equity category afte