Guide To Personal Finance

Fund houses also merge schemes to cut costs and focus scarce fund management resources on their flagship schemes

Momentum funds follow a thematic approach, buying stocks in an upward trend and selling when the trend reverses

Deductions related to salary, including standard deduction and leave encashment, are now grouped under a single clause

The dividend yield acts as a cushion that prevents stocks from falling further

Old tax system remains unchanged

Annual limit of Rs 2.4 lakh for TDS on rent increased to Rs 6 lakh

"Central banks usually purchase about 400 tonnes of gold annually. However, in 2022 and 2023, they bought over 1,000 tonnes each year," says Vikram Dhawan

Net profit of life insurance companies rose by 10.79% Y-o-Y in FY24 to Rs 47,407 crore

Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time of renewal

Sebi's new rule is a positive step towards investor protection. It will reduce mis-selling by aligning distributor incentives with investor interests and discourage unnecessary portfolio churn

The circular is expected to provide retail investors access to registered and approved algos, ensuring their interests are protected

Tier 2 cities are emerging as attractive real estate destinations due to expanding employment opportunities

While all investors should have some allocation to shorter-duration debt funds for portfolio stability, the exact proportion should depend on their risk appetite

Until repo rate cuts begin, borrowers can explore other options to lower their home loan burden

Unlisted securities, issued by smaller companies, often promise high interest rates of 15-18 per cent to attract investors

Over the past year, consumption funds yielded returns of 28.6 per cent, lower than PSU (46.4 per cent), pharma (42 per cent), infrastructure (39.1 per cent), and technology (37.8 per cent)

While the scheme allows you to plan for your child's retirement well after you may be gone, you should focus first on your retirement and kids' education

To combat rising health insurance expenses, an adequate sum insured is essential

Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle

Fraudsters also place fake QR codes over legitimate ones-on parking meters, donation boxes, etc. When users scan them, the payment goes to fraudsters' accounts