Vedanta trading at discount to peers: Should you buy? Read more: EconomicTimes
Author: Miley Selena
Many of us have received a Diwali bonus this year and quite a few must have already spent it. While it is tempting to buy that smart TV or go on a vacation, buying unnecessary stuff is the best way to make the money disappear. The key is to distinguish between what you need and the things you desire. If you haven’t yet blown away your Diwali bonus, here are a few ideas to consider. Set up emergency fund It might sound baffling, but the best way to use your bonus is by not spending it. Use it to build…
The offers from builders may come with a catch, so homebuyers should take precautions and evaluate these offers thoroughly. First, see whether the offer is adding value to your home or reducing the overall costs. For example, offers like a free modular kitchen, household gadgets, free reserved parking space, free membership to clubhouse, etc add value because you have to pay for it anyway. Offers like price discounts, builders bearing statutory fees like stamp duty, registration charges, GST, etc reduce the overall costs to you and therefore add value to you. “Offers of gold coins, travel vouchers, lucky draws, etc…
Jai has been offered an overseas project that requires him to stay abroad for three years. He got married recently and is looking at this posting as an opportunity to earn additional income. He has been thinking about how he should invest the surplus he will earn abroad after covering all major expenses. His friends suggest that he buys a house in Delhi, where he is likely to return after his international posting. His parents think he should accumulate the savings in safe instruments such as bank deposits. His wife thinks they should buy gold jewellery and invest the rest.…
1. The portion of the medical expense that a policyholder needs to pay when he receives medical services is called co-payment. The remaining amount is paid by the insurance company. 2. Co-payment is fixed amount or percentage which is preset for various treatment and services. 3. It has to be paid each time the policyholder gets a health care service. 4. A co-payment clause in a policy lowers the premium amount for the policyholder. 5. Typically applicable to senior citizens in health insurance policies in India. (Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions…
Buy Now Pay Later is gaining popularity due to its transparency and flexibility and would soon become the preferred way to purchase, Vandhana Parkavi Valaguru, Country Head, Sezzle India tells ET Wealth. Can you explain in brief how the Buy Now Pay Later facility offered by Sezzle works? Sezzle’s Buy Now Pay Later (BNPL) option is very simple. At the time of purchase, a user has to pay only 25% of the billed amount. Two weeks later, he pays another 25%, four weeks later another 25% and at the end of sixth week the remaining 25%. This way a customer…
In this week’s ET Wealth realty hot spot series we take a look at a well connected residential area of Narol Naroda Road in Ahmedabad. The area covers the localities of Naroda, Nava Naroda, Maninagar, Maninagar East and Narolgam. It offers affordable properties, catering to low and mid segment. It has easy access to several industrial areas nearby as well as office parks situated in other prominent areas. The area is also host to shopping malls, educational institutions and hospitals. Narol Naroda Road, Ahmedabad is 14 KM away from the airport, 6 KM from the nearest railway station and 4…
ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed Where the fund invests Basic facts Date of launch: 26 December 2007 Category: Equity Type: Mid Cap AUM (As on 30 September 2021): Rs 1,707 cr Benchmark: NIFTY Midcap 100 Total Return Index What it costs NAV (As on 1 November 2021) Growth option: Rs 51.14 IDCW: Rs 31.57 Minimum Investment: Rs 5,000 Minimum SIP amount: Rs 500 Expense ratio (As on 30 September…
By Sudhir Kaushik of Taxspanner.com Noida-based software professional Vijay Sharma pays a high tax because he does not claim all the tax deductions available to him. Taxspanner estimates that Sharma can reduce his tax by more than Rs 82,000 if he opts for a home loan, invests in the NPS and his company rejigs his salary structure by replacing some of the taxable allowances with taxfree perks. Income from employerIncome from other sources Sharma lives in his parents’ house and does not claim HRA exemption. He plans to buy a house this year. If he takes a home loan, he…
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. I. Darshana is investing for her child’s education and retirement. Here’s what the doctor advised her. Goals Portfolio recommendations Portfolio check-up Investing small amounts in equity and hybrid funds. Stopped…