Debt fund investors should keep the bulk of their investments in shorter-duration funds, 10-20% in longer-duration ones
Check the return for your age, tenure, and premium variant, and if proceeds will be tax-free
Investors who want to avoid their long lock-in can choose from a host of other high credit quality options
Lender also raises interest rates on standard FDs, capping them at 6.5% for regular customers, 7.25% for seniors
Home loan borrowers must pre-pay, or opt for higher EMI, to prevent loan tenure from rising
BNPL, small-ticket consumer loans are other options to build credit history
Here is how the fixed deposit rates offered by various banks stack up
State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.
Here is how the fixed deposit rates offered by various banks stack up
The Reserve Bank of India (RBI) in its latest monetary policy review has projected retail inflation at 5.3 per cent for the current financial year.
1-year returns down to less than 3.5%, below short-term rates offered by banks on FDs
Senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank would not be required to file income tax returns for the financial year beginning April 1
Genex Child Development Programme, that works on gender equality, said it will provide a fixed deposit of Rs 11,000 to every girl child born in India, whose parents register for the initiative
An SIP in an equity fund can reduce the average cost of investing and boost return. But it can't eliminate the risk of loss of principal
SBI's new product offers good rates but SCSS and RBI's savings bonds are more attractive
Liquidity is an issue, but it scores on other parameters
Loan rate is 100-200 basis points higher than the FD rate
Brokers have blocked payouts to YES Bank accounts and disabled YES Bank in the payments gateway
Stocks can be easily transferred, but gifting mutual funds and life insurance to distant relatives, family or friends is more complicated
Given the recent credit events and equity market volatility, the going may not be easy for fund houses