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Source: Live Mint At its core, factor investing targets specific characteristics, or “factors,” in stocks that have been shown to deliver returns above what most diversified portfolios achieve. While rooted in rigorous academic research, it’s not just about chasing trends. Ajay, who’s been riding the momentum factor for the past two years and happily counting…
Source: Live Mint I’m planning to return to India after working abroad for 35 years. I have some FCNR deposits. I have been advised to convert them to RFC deposits upon my return. Like FCNR deposit interest, is RFC deposit interest also tax free?—Name withheld on request Returning Indians have the option to convert their…
Source: Live Mint The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to ₹1.08 lakh crore against ₹1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds. Despite…
Source: Live Mint If you run short of cash and plan to withdraw your mutual fund investments, take a pause. There is another option: You can take a loan against mutual funds and not disrupt the long-term potential compounding of your investment. Several banks offer loans against mutual fund units at interest rates ranging from…
Source: Live Mint Wadhwa started her journey when Facebook was thriving and Instagram was a photo-sharing platform. During this time, she created her online persona, Miss Coco Queen, a name that reflects her love for Coco Chanel and Alexander McQueen. “Back then I used to operate through blogs and Facebook posts, there was no video,”…
Source: Live Mint There has been a marked increase in the number of income tax notices issued to taxpayers across India in recent months. These communications – on everything from defective returns to demands for additional taxes – have caused anxiety and confusion, especially among individual taxpayers. This article delves deeper into the reasons behind…
Source: Live Mint The Indian government confirmed the first case of Mpox on Monday, raising alarms over the transmission of the virus in the country. The development coincides with the prevalence of other infectious and vector-borne diseases like malaria, dengue, chikungunya, etc, raising concerns about rising medical costs. The World Health Organisation (WHO) declared the…
Source: Live Mint While the quality of life in Melbourne is superior, it comes at a heavy price — both literally and metaphorically. “We miss family and the general lack of community the most. Australia is a lonely country. That’s the primary reason we want to move back,” said Saurabh. “Also, the cost of living…
Source: Live Mint Behind the allure of a lump-sum insurance payout lies a harsh reality: many families struggle to manage it wisely, often exhausting it too quickly. Aditya Birla Sun Life Insurance (ABSLI) and Policybazaar are aiming to change that with their new ABSLI Income Suraksha Plan, which offers a steady monthly income for beneficiaries…
Source: Live Mint If you are in urgent need of money and do not have any security to give as collateral then the sole feasible option that you can opt for is to take a personal loan. For those who are not aware, a personal loan is an unsecured loan that banks and other financial…
