The FinTech Hub
Source: Live Mint Portfolio rebalancing is a crucial investment strategy that helps investors maintain their desired asset allocation over time. It involves adjusting the holdings in your portfolio by buying or selling assets to return to the original target allocations. This process plays a key role in managing risk, improving returns, and ensuring that a…
Source: Live Mint The financial market is brimming with investment options, each with its own set of risks and rewards. However, not all financial products are worth your investment. Some carry high fees, hidden risks, or offer poor returns, making them more harmful than beneficial. In this blog, we will explore five financial products you…
Source: Live Mint Credit card and banking related frauds have been on the rise. Despite the efforts of regulators such as the RBI (Reserve Bank of India), fraudsters have found ingenious ways to cheat unsuspecting individuals. So, what is the liability of the customer in such cases? If you report it within three days, you…
Source: Live Mint The year 2024 saw the launch of 200 new fund offers (NFOs) with September and October contributing 50 schemes. It is common among retail investors to invest in a new fund offer since they assume that the price at which a scheme is available is invariably tempting. However, this is often not…
Source: Live Mint Improving your credit score can take a long time based on your current score, financial habits, and the specific actions you take. You can take an appropriate action based on the goal i.e., whether you want to improve your credit score in the short term, medium term or long term. Short-Term Improvements…
Source: Live Mint Investing in a mutual fund consistently can yield good returns. In fact, consistency is the key to investment and wealth generation. An investment made over a long period of time gives the benefit of compounded returns. Compounding is so potent that it is sometimes referred to as magic. This is how it works: when…
Source: Live Mint With only two days to go before the deadline to file revised income tax return (ITR) for FY 2023-24 expires, taxpayers can claim tax rebate under section 87A. Notably, the income tax department recently released excel utilities for ITR forms ITR-2 and ITR3 to exercise the option to claim rebate u/s 87A. However, you have…
Source: Live Mint Do you regularly check your credit score at one of the four credit bureaus in India such as CRIF High Mark and Experian? If not, it is important that you do it on a regular basis. It is often recommended to individuals to check their credit score at least once in a year in…
Source: Live Mint Q. I am a Senior Creative Director working with a marketing agency in Bengaluru. I have been investing in large-cap index mutual funds for the past 4 years. I plan to diversify my portfolio and invest in other categories. Many of my acquaintances have suggested that I invest in quant funds. However,…
Source: Live Mint Credit cards are a great way to save on your expenses and become a smart spender. In today’s times, credit cards are no longer just an add on to your luxury but have become a necessity. The flexibility and convenience of paying through credit cards makes it a popular choice amongst users….
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