As your child enters his teens, raging hormones and a flash of rebellion are bound to mark the next few years. Combine this with a surge of financial needs— clothes, accessories, gadgets, eating out with friends, entertainment—and you are overwhelmed by the constant demand for money. What should you do? Should you retain the financial reins in your hands or allow the child freedom to do as he pleases? Considering that it is a difficult phase to manoeuvre for parents, deciding on the extent of financial freedom for the teenager can only add to the dilemma. While the extent of…
Author: Miley Selena
During the pandemic, the high medical costs and untimely deaths made Ankur reconsider his insurance requirements. He witnessed how friends and relatives found themselves completely unprepared for the suddenness with which they lost someone near, and the financial implications of losing an earning member. Many of them were saddled with huge medical bills and problems with insurance claims. Though Ankur’s existing life and health insurance policies are enough to meet his tax-saving needs, he wants to buy more insurance for himself and his faily. Does he need to upgrade his health policy to a sum assured of Rs 7.5 lakh…
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 July 2007 Category: Equity Type: Flexicap AUM (As on 31 May 2021): Rs 7,794 cr Benchmark: NIFTY 500 Total Return Index What it costs NAV (As on 7 July 2021) Growth option: Rs 59.72 IDCW: Rs 30.01 Minimum Investment: Rs 5,000 Minimum SIP amount: Rs 500 Expense ratio (As on 30 April 2021) (%):…
With the standstill in NPA recognition over, most banks have identified all pending non-performing assets (NPAs) in the fourth quarter of 2020-21 and Indian Bank is no exception. For instance, the gross and net NPA of Indian Bank increased to 9.85% and 3.37% respectively as on 31 March from 9.04% and 2.35% as on December 2020. However, analysts are getting bullish on this counter because the fourth quarter slippages were much lower than Read more: EconomicTimes
This results season is different and investors should be careful with the first quarter numbers. Though the numbers will look good when compared to what it was a year ago, that is not the way to go about it. “The first quarter of 2020-21 was a complete washout for most sectors and therefore, one needs to check the q-o-q numbers to get a clearer picture,” says Daljeet Singh Kohli, CIO, StockAxis.com. You need to filter the q-o-q numbers as well. Read more: EconomicTimes
Endless career growth is available for you. You choose it through what you can know and what you can do. So, as long as you keep your learning cycle going, you will continue to grow. The pace of your career progress depends on the continuity and speed of learning. Fortunately, long-term learning does not depend on putting in extra hours. It depends on tried and tested techniques that you can follow. Here’s how. Your growth plan Like in every project, if you fail to plan, you plan to fail. Start with a three-month written growth plan. Writing it down commits…
Kitna milega? That’s the first question most people ask when a financial product is pitched to them. In this bull market, return expectations are at lifetime highs, just like the benchmark indices. But remember, there is no free lunch in finance, and there never has been. The biggest financial mistakes are made in bull markets, and ultimately unravel in bear markets. One of the best ways to avoid making money mistakes is to ask the right questions. The more you ask before investing, the more at peace you will be after you put in money. Here are 10 questions that…
Buying a life insurance policy is a click away thanks to aggregator portals and online platforms of insurers. While buying a life cover, it is important to understand what one is getting into as this will have a bearing at the time of a claim being made by the nominee on the death of the insured. Proposal formDo not provide any false information while filling up the proposal form. It could lead to disputes at the time of claim. Don’t sign a blank form which the insurance agent says he would fill in later. Understanding the policyPolicy terms should be…
By Sandeep Bhalla Many stock investors are in a congratulatory mood because markets are close to all-time highs and their equity portfolios are showing healthy profits. But along with the satisfaction, there is also a fear of an imminent correction. Should they sell some of their holdings and book profits? And, if yes, where should they park funds thus released? An investor’s asset allocation should be set thoughtfully and should be changed Read more: EconomicTimes
Low price doesn’t make a stock a better buy Read more: EconomicTimes