How much you save is more important than return on investment

February 14, 2019

Most people prefer to focus on their investment returns and it’s natural to do so. After all, who wouldn’t want their investments to earn the highest possible returns. However, the number one question on investors’ mind is the choice of mutual fund and the means to achieve higher returns, when in fact their focus should be […]

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Why laddering fixed deposits makes for better investments

January 30, 2019

Moneycontrol PF Bureau Fixed deposits serve the purpose of achieving short-term goals, especially if you are in low income tax slabs. The fixed deposits being low-risk products work better for individuals with low-risk appetite, though they may not beat inflation. In addition to credit risk, there are two risks that investors face while investing in […]

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Home loan interest rates: What external benchmark means for your floating rate loan

January 27, 2019

Joydeep Sen Let us see how the interest rate on your loan works. In a fixed rate loan, let’s say a fixed rate home loan, the rate of interest is fixed for the entire tenure, unless there is a clause in the fine print that allows the lender to change the interest rate even in a so-called […]

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Look before you leap: Pure term insurance versus return of premium plan

January 16, 2019

It’s natural for investors to ask ‘how much will I get in return?’ Many of us tend to do this on our insurance products as well. The general tendency of the common man is that any financial product one purchases, they want return from it. But how do you contemplate earning from an insurance policy […]

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Exchange rate fluctuations: How to overcome the palpitations?

January 15, 2019

Lovaii Navlakhi Everyone who has grown up or worked in India before going overseas has a connection with India. And if there is a family in India, this connect becomes emotional. Hence the attraction to investing in India for non-residents. However, making money and emotions are two different things. For non-residents, apart from the market return, […]

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Availing a loan for your marriage? Keep these key points in mind

January 11, 2019

Millennials are keen to have a spectacular wedding for themselves but don’t generally look at its impact on their financials and future goals. We have one such instance of 26-year-old Nikunj Soni, an Ahmedabad resident who took a loan for his wedding in January 2017 from a nationalised bank. He borrowed Rs 2 lakh at […]

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Mahindra Finance, Shriram Transport NCDs to open: Should you invest?

January 5, 2019

Two non-convertible debentures (NCD) are set to hit the market on January 4. Mahindra & Mahindra Financial Services has come up with its first tranche of NCDs. Shriram Transport Finance has come up with its third tranche of NCDs. Should you invest? What is it about? NCDs are fixed return instruments that aim to pay you a regular return on […]

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7th Pay Commission: Good news for teachers of 7 institutes of this state, pay hike on cards

January 3, 2019

7th Pay Commission: The new year has brought pay hike cheers not only for Maharashtra employees but also for several other staffers. The Fee Regulatory Committee (Technical) has approved the fee hike for seven institutes, which may further boost salaries of their academic staff. However, much to their disappointment, seven other institutes have failed to […]

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6 tips for NRIs to get financial plans for 2019 in order

January 2, 2019

Vishal Dhawan From years of dealing with non-resident Indian (NRI) clients, I have learnt that an India visit tends to become an integral part of the lives for most NRIs. They come down to meet friends and family in the last quarter, or the first quarter of the year. Whilst a year-end visit is a […]

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Here are steps to follow while claiming life insurance benefits

January 1, 2019

Getting over the loss of a loved one is tough. But in cases where the departed has dependents, life insurance helps tide over the financial burden they may face. Hence, it’s important to know how to claim the insurance benefits upon the death of a loved one. The benefit received through life insurance is certain, […]

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