MF portfolio doctor: Why Aggarwal should tone down expectations from equities
Vikas Aggarwal is investing in equity funds to build a corpus of Rs 2 crore in the next 10 years. The mutual funds' portfolio doctor has advised him to hike monthly SIPs to Rs 45,000 and further hike by 10% every year, after reviewing investment portfolio.
ED attaches Rs 20.26-cr worth FDs in fake TED claim case
The ED later filed a criminal case under various sections the Prevention of Money La...
I will retire next year with retirement corpus of Rs 1.5 crore. How should I invest this money?
For generating your post-retirement income, y...
No cut in PPF, NSC, other post office schemes' interest rates for Q4 of FY 2020-21
This was announced by the finance ministry via a circular dated Dec 30, 2020. As per the circular, PPF will continue to earn 7.10%, the NSC will fetch 6.8%. Here is a look at the interest rates on various small savings schemes for the final quarter of FY 2020-21.
Kerala gold smuggling case: ED attaches Rs 1.85 crore worth FDs, gold
ED, in a press release, today claimed that it's probe has revealed that the accused namely Sarith P S, Swapna Prabha Suresh, Faisal Fareed and Sandeep Nair were indulged in illegal smuggling of gold to India and huge amount of Proceeds of Crime (POC) were generated.
Coal India's attractive valuations and other factors that make it stock pick of the week
Coal India is recovering from the downturn and taking steps to increase its production. Its capital expenditure is expected to be around Rs 10,000 in 2020-21. Attractive valuation is the other factor that has made the company a favourite of analysts.
Can I split PPF investment money between my account and my minor son's account?
Under the PPF Scheme, 2019, Rule-3 sets the limits on the number of accounts which an individual can open. The rule allows opening of one’s own account, and also on behalf of minor or a person of unsound mind of whom he or she is the guardian.
Where should I invest my bank FD amount of Rs 25 lakh to earn good returns in three years
As mentioned, you are not dependent on this Rs 25 lakh for a regular income. With three years horizon, you are looking for cumulative options. If the time horizon was longer, options like SCSS and PMVVY could have been looked for investing.
Rally in debt mutual funds is coming to an end: Steps investors should take to prepare for coming yrs
With interest rates at their lowest ever, the interest rate downtrend is on its last legs. This means debt mutual funds’ returns are likely to be very different in the coming years. Find out what investors should do in this situation.
Canara Bank hikes interest rates on FDs with tenures of 2 to 10 years
As per the press release, this makes Canara Bank offering the highest interest rate in this bracket among all the other PSU banks.
Loans against FDs, bonds, shares out of Nirmala Sitharaman's relief plan
For payment to credit card holders, the relief will be calculated using the interest rate charged by the bank for converting outstandings into EMIs and not the rate charged to those who revolve their balances.
Post office schemes’ interest rates higher than bank FDs but look at these options too
Investors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank FDs offer good liquidity (although often with a penalty). A similar level of liquidity is offered by very few other options (offering comparable safety).
Should I invest Rs 7,000 monthly in liquid mutual funds or FDs to build an emergency fund?
An emergency corpus ensures that an individual has the requisite liquidity to meet emergency situations. Further, it also insulates the long-term investments from unplanned withdrawals to meet the financial exigencies.
How can I invest surplus of Rs 25,000 per month to meet my money goals?
The investment decision must be re-evaluated based on current investments and liabilities, future plans and financial goals.
I want to build corpus of Rs 2 crore by 2035. How can I do that via mutual funds?
To generate a corpus of Rs 2 crore by 2035, your monthly investment of Rs 40,000 would need to register an annualised return of 12 per cent.