Before you invest in a mutual fund scheme, it is recommended to examine its past returns. Just like in a stock, a scheme’s past returns give an indication of how it may perform in the near future. Additionally, since mutual fund schemes indicate aggregate returns of their constituent stocks, their past returns gain relevance just…
Bhawna Kakkar, chartered accountant and founder of Kakkar & Company, said it is becoming increasingly common in residential property transactions to split the sale value between the real estate and items like furniture, white goods, and other household items. This tactic is often used by sellers to reduce their capital gains tax burden. But experts…
I’m a 36-year-old single individual living with my elderly father. We don’t currently own any property. My net worth stands at ₹1.2 crore, spread across EPF, PPF, and other investments. I earn a gross annual salary of ₹30 lakh, with annual living expenses of around ₹10 lakh. What should my target net worth be by…
Failing to submit your Income Tax Returns (ITR) for several years can have serious consequences for individuals. Repeated delays, omissions attract mounting penalties, legal complications, and other associated challenges. Such mismanagement of tax filing can create financial barriers and cause a rift in long-term planning. As a well-informed taxpayer, you should focus on meeting deadlines…
GIFT City is already home to a total of 229 alternative investment funds (AIFs) and venture capital (VC) funds, shows the January-March bulletin of the International Financial Services Centres Authority—the regulator for offshore finance. The majority of these funds are inbound, allowing non-resident Indians (NRIs) and foreigners to invest in India, with assets worth $5.7…
In today’s fast-paced world, credit is woven into our daily lives. Whether it’s upgrading to a new phone, planning a spontaneous getaway, or investing in personal development, credit enables us to act without delay. But what really drives our financial choices? The key lies in understanding the psychology of spending—how emotions, habits, and mental shortcuts…
In early 2024, the Federal Reserve paused its anticipated interest-rate cuts in response to stronger-than-expected economic data. Then sticky inflation, geopolitical risks, and record-high U.S. government debt pressured bond prices, increasing volatility and undermining the traditional role of fixed-income as a portfolio stabilizer. With fixed income mostly not behaving as expected, we’ve heard from advisors…
When comparing mutual fund schemes within the same category, most investors look no further than return figures to make their choice. But the truth is, returns are just the tip of the iceberg. Beneath that lies a rich layer of data that paints the true picture, like portfolio concentration, market cap allocation, churn ratio, cash…
Debt collection often carries a negative connotation, frequently associated with pressure tactics or aggressive recovery methods. However, this perception does not reflect the evolved reality of collections in the modern financial ecosystem. The practice of collections and recovery has undergone a significant transformation, from being viewed merely as a means of recovering overdue payments to…
If you are planning to open a fixed deposit (FD) with a bank, it is important to first compare the interest rates offered by different banks. Typically, banks offer a 50 basis point higher interest rate to senior citizens. It is vital to note that the market is witnessing a declining interest rate cycle after the Reserve…
