The Mutual Funds Association of India (AMFI) recently laid down guidelines for fraudulent and pre-selling transactions. The AMFI move, which comes nearly a month after SEBI’s push in response to allegations of pre-selling against Quantitative MFIt is an attempt to tighten regulations to achieve greater transparency. Despite the proactive role of the market regulator, mutual … Read more
Before you decide to open a fixed deposit (FD) in a bank, it is your responsibility to compare the interest rates offered by different banks. Interest rates generally don’t vary much from one lender to another. However, there is one general rule that applies to most lenders uniformly: the longer the term, the higher the … Read more
Personal loans are a convenient solution to meet immediate financial needs in today’s world. Whether it’s for a dream vacation, managing expenses, or advancing your career, Personal loans Personal loans have become a popular choice for many. However, choosing the right lender can be a challenge with so many options available. To make a smart … Read more
As you move through the different stages of life, your financial needs, goals, and risk tolerance naturally change, as does the terrain you’re treading. What worked for you in your 20s may not be the best approach in your 50s. That’s where life-cycle investing comes in. It’s a strategy that adapts your asset allocation as … Read more
If you are facing a shortage of funds due to a wedding party you have planned, an unforeseen emergency that has arisen, or a vacation you have been looking forward to, you can arrange money through a Personal loan. You can get a personal loan from a government bank like State Bank of India (SBI) … Read more
All about retirement: Are you worried about life after retirement? As life expectancy is increasing in India, planning for retirement has become more crucial than ever. Current life expectancy in India for 2024 stands at 70.62 years, up from 62.28 years in 2000, reflecting a 13.4 percent increase according to MacroTrends data. When you decide … Read more
One of the key objectives of investment is to meet your needs financial objectivesAnd if you have already achieved them, what should be your course of action? The standard answer would be: Redeem your investments and withdraw the money so that you can use it for your goals. However, this is not recommended, at least … Read more
Family offices in India are projecting a 14 per cent growth in assets under management (AUM) and a 5 per cent increase in alternative investments over the next three years, according to a report. The AUM of mid- to large-sized family offices in India is set to grow at a compound annual growth rate (CAGR) … Read more
Typically, a 500-stock index is expected to offer broad diversification to investors, but the Nifty 500 index has a bias towards large-cap stocks. However, a recently launched rule-based fund (the Nippon India Nifty 500 Equal Weight Index Fund) aims to provide broader diversification across large-cap, mid-cap and small-cap stocks. How it works Instead of market-cap … Read more
MUMBAI Raj was divorced five years ago and is now remarried to Anita (who is also divorced from her husband). Raj has two children from his previous marriage and one from his new marriage. Anita also has a son from her previous marriage. Raj has not formally adopted the son from Anita’s previous marriage. In … Read more
