Page 15 - Your Money

Insurers receptive to covering chronic ailments, declare PEDs honestly

By paying extra premium, you can reduce waiting period for pre-existing conditions to even one day

Choose Aadhaar-based KYC: Once done, you may invest across fund houses

Keep Aadhaar, registered mobile number and scanned documents handy before starting online procedure

Door opens for senior citizens to get health insurance: What they should do

Seniors must strike a balance between premium and co-pay; too low a premium could mean high co-pay, which would pinch at the time of claim settlement

After Bitcoin's massive price surge, book partial profit if overexposed

At current elevated prices, prospective buyers should opt for staggered purchases

Manufacturing funds: Invest with 5 to 7-yr horizon to cope with eco cycles

Add these schemes to your portfolio only after building a core using diversified funds

Amid varied risk levels, review portfolio before choosing credit risk fund

Only investors with high risk appetite should opt for them; limit allocation to 5-10%

Section 54F: Avoid capital gains tax on jewellery sale with house buy

In India, no tax has to be paid on inheriting gold, but its sale triggers capital gains tax

Top-up home loans work best when repaid quickly; avoid overleveraging

Avoid overleveraging or using these funds to finance non-essential lifestyle expenses

Investors betting on longer-duration debt funds need to be patient

Experts say while rate cuts remain on the table, their start is likely to be delayed

You should invest in silver gradually or on pullbacks after the rally

Opt for a silver exchange-traded fund or a fund-of-funds having low expense ratio and tracking error

Bypass MFs' foreign investment limits, access wider product menu via LRS

Consider this route after developing a robust domestic portfolio and if you can invest minimum $50,000 annually

Debt settlement offers immediate relief but damages your credit score

A debt settlement involves negotiating a single payment with the creditor that is lower than the amount owed

Investors should sync tax savings with goals and cash flow needs

Even ELSS, being an equity fund, should be purchased with minimum seven-year horizon

Experts suggest to keep low-cost Nifty 50 index fund at core of portfolio

If risk appetite permits, consider active midcap and smallcap funds, and factor funds in satellite portfolio

Enhance portfolio resilience by investing in MNC fund: What is on offer?

These funds, however, tend to underperform when domestic cyclicals do well

Opted for old tax regime? Explore last-minute income tax saving options

Last-minute income tax saving options: ELSS funds, PPF, NPS, and fixed deposits are some of the popular options under section 80C. Don't forget health insurance

Manage trading capital efficiently with liquid exchange-traded fund

Switching between cash and equity and back becomes seamless

Where TMFs score: Transparent, low on credit risk and cost-efficient

FMPs don't face the issue of liquidity management but have higher costs

Multi-point trip: Tax break is on direct travel cost to farthest place

Journeys with foreign leg not eligible for benefit, even if they start and end in India

Obtain secured credit card, repay regularly to repair credit history

Use less than 30% of card limit; avoid frequent loan applications