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Source: Live Mint When every investor is chasing high-yielding funds, there are some who chase low-performing mutual funds to make the most of the current attractive valuations. Time and again, wealth advisors have advised that historical returns are not a guarantee for a scheme’s future returns. Therefore, just because a scheme has performed well in…
Source: Live Mint The IIMA-Aura Art Indian Art Index (IAIAI) has hit an all time high of 4,300 as investors take a fancy to artworks after a huge bull run in equity markets. The index, launched in November 2022 by the Indian Institute of Management at Ahmedabad in collaboration with Mumbai-based Aura Art, seeks to…
Source: Live Mint YES Bank, with effect from Dec 1, will limit the number of YES Rewardz points which are redeemable on flights and hotel bookings. Cardholders can use their points to cover up to 70 percent of the total invoice or up to a monthly cap, whichever is lower. The monthly caps are: MARQUEE…
Source: Live Mint With a nearly 25-year track record across industry giants like HSBC, Kotak, and Invesco Mutual Fund, Nair is on a mission to simplify investing, cutting through market noise with a focus on long-term strategies that align with investor goals and risk tolerance. In a recent conversation with Mint, he shared Union AMC’s…
Source: Live Mint The appeal of momentum investing, with its “buy high, sell higher” mantra, has surged, challenging traditional investment norms. Yet, behind the simple idea lies a complex mechanism where fund size and trading volume can greatly influence success. In this space, careful calibration is essential, as larger funds risk distorting prices, while niche…
Source: Live Mint Are you a foodie who enjoys dining out or ordering food at home? If yes, would you like to get 10% cashback on your food expenses? The Swiggy HDFC Bank Credit Card can help you save up to Rs. 42,000 annually. What are the features and benefits of this card, eligibility, fees,…
Source: Live Mint If you want to make the most of travel deals offered by credit cards, what you need – among other things — is ‘travel hacking’. For the unversed, travel hacking is an art of using credit card points, loyalty programs, and travel deals to earn free or discounted travel experiences. The goal…
Source: Live Mint India’s travel and tourism industry has been doing well in recent years. Regular family vacations have become a common financial goal for many individuals. These include leisure vacations, religious tourism, medical tourism, combining work travel with taking some time off with family, etc. Seeing the demand for travel and tourism, some banks…
Source: Live Mint If you stay invested in a mutual fund for a long period of time, the returns tend to grow multifold for what is known as ‘compounding’. The gains earned in the first few years are added to the corpus, thus making it grow considerably over a period of time. Here, we share…
Source: Live Mint An insurance distributor has suggested that I pay the premium to them instead of the insurance company. They are offering attractive premiums. What measures can I take to ensure I am not cheated? – Name changed on request Under the law, insurance premiums can only be paid to insurers. It’s illegal for…
