The FinTech Hub
Source: Live Mint This is the time of the year when employees are busy submitting investment proofs to their employers. Essentially, investments are meant to be declared to the respective employers during the year and one must submit the proof of investment in order for the employer to deduct TDS (tax deducted at source) accordingly. Meanwhile,…
Source: Live Mint In India, healthy life expectancy at birth improved by 4.02 years from 54.1 years in 2000 to 58.1 years in 2021, according to statistics from the World Health Organisation (WHO). As average lifespans grow longer, securing a financially sound future for yourself in the golden years is of utmost importance so you…
Source: Live Mint The Employees Provident Fund Organisation’s Central Board of Trustees is set to meet today, November 30, to decide on various proposals, according to a Business Today report citing sources. Chaired by Union Labour and Employment Minister Mansukh Mandaviya, the CBT is the EPFO’s apex decision-making body. The proposals under discussion include the…
Source: Live Mint India’s deep-rooted love affair with gold dates back centuries. In the bygone era ofrajas andmaharajas, gold coins were bestowed as rewards, andasharfis were used to trade for commodities. Even today, gold remains more than just an investment asset class; it is deeply ingrained in India’s cultural fabric and every auspicious occasion, from…
Source: Live Mint With the year ending, it is time for all the generic investors to adjust their focus on their portfolios owing to the shift in the market dynamics. Many portfolios have become excessively tilted towards equities as the Nifty50 has noted new highs and mid-cap stocks have performed exceptionally. “It is suggested that…
Source: Live Mint Many investors start reviewing their portfolios at the end of the year and making calculated choices to reach their financial objectives. Selecting between Exchange Traded Funds (ETFs), Public Provident Funds (PPF), and Bank Fixed Deposits (FDs) for year-end investments is a frequent conundrum. While PPF offers a safe, tax-free return of 7.1%…
Source: Live Mint Securing your child’s education abroad requires more than just setting aside savings—it demands a strategic and well-structured financial plan. Making plans for your child’s education is crucial to any parent’s financial planning. Education inflation is higher than regular inflation, and with the expected depreciation of the INR, parents need to factor in…
Source: Live Mint Planning for higher education for children forms a major aspect of financial planning for most households, especially if you plan to send your children overseas for higher education due to the sheer costs involved when looking at a degree from top global institutes. The fourth episode of Let’s Mint Money, presented in…
Source: Live Mint The Indian market offers diverse avenues for portfolio diversification, including alternative investments such as portfolio management services (PMS) and alternate investment funds (AIFs). Equity investments, for instance, have delivered an impressive average annual return of 15% over the past five years, outperforming most major economies. Mutual funds also remain a popular choice,…
Source: Live Mint Considering your moderate risk appetite as mentioned in your query, your preference towards protecting the downside is natural and we completely understand it. Considering you have 18 years to retirement, which is long-term from all perspectives, you can consider a combination of BAFs and aggressive hybrid funds to generate better risk-adjusted return…
