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Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 3:52 PM IST Mutual funds’ search for debt fund alternatives has now reached the fund of fund (FoF) space. At least two fund houses — HDFC and Aditya Birla Sun Life (ABSL) — have sought the regulator’s go-ahead to launch FoFs…
Source: Live Mint I’m in my early 30s, married with a young child, and working in an IT company for 10 years. I’ve saved in mutual funds, fixed deposits, PPF, and stocks. We currently live in a rented apartment, but I’ve found a property that fits our budget. The house costs ₹85 lakhs, requiring a…
Source: Live Mint A systematic withdrawal plan (SWP) from a mutual fund can deliver regular income with tax efficiency. An SWP is the mirror image of a systematic investment plan (through which investments are made regularly). With an SWP, one can withdraw a fixed amount every year from a mutual fund. An SWP can be…
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Sep 25 2024 | 12:03 PM IST Indians seek regular good returns and tax benefits when they make investment decisions, according to a study that tracked trends before and after the pandemic. Called ‘Investment patterns and preferences of Indian…
Source: Business Standard 4 min read Last Updated : Sep 24 2024 | 8:37 PM IST The Securities and Exchange Board of India (Sebi) may clear the decks for the launch of a new asset class—aimed at bridging the gap between mutual funds (MFs) and portfolio management services (PMS)—along with the MF Lite framework…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 24 2024 | 3:41 PM IST Tata AIA Life Insurance Co. Ltd. (Tata AIA) has launched a fund as part of its unit-linked insurance offering. Tata AIA NIFTY Alpha 50 Index Fund will invest in stocks that comprise the Nifty Alpha 50…
Source: Business Standard Saving, Save Money, Economy, Money(Photo: Shutterstock) NPS Vatsalya is a specialized scheme within the National Pension System (NPS) designed specifically for children. Under NPS Vatsalya, parents can begin saving for their child’s retirement even before their kids turn 18.When the child reaches 18, NPS Vatsalya will seamlessly convert into a regular…
Source: Live Mint Top News The National Payments Corporation of India (NPCI) has announced a significant change to its Unified Payments Interface (UPI) transaction limit. Effective from September 16, 2024, the UPI transaction cap has been raised to ₹5 lakh per transaction. This increase aims to further bolster India’s push toward a more robust digital…
Source: Live Mint Choosing the right mutual fund to invest in can be daunting, given the countless options available in the market today. While the fund’s past performance—some numbers on what kind of returns it has offered in the recent past—may seem to be an obvious starting point for your investigation, this may not be…
Source: Live Mint Many investors do not take a disciplined approach to secure and grow their finances, due to certain biases. Such biases lead to mistakes like having inadequate or low life cover, avoiding or making low investments in equity-oriented investments, ignoring retirement planning and exposing to high-risk and unregulated investments. This article flags those…
