THE CASE: I want to invest Rs. 30 lakhs for a year and would need a monthly income of Rs. 18,000 from this investment. How should I go about it? THE SOLUTION: Firstly, the advice in such situations would be to resist from acting in a hurry, because that leads to commit mistakes. The returns […]
At a time where there is so much uncertainty, the thought of investing a huge amount in these bonds and being assured of a return is enticing. The minimum investment is Rs 1,000 and multiples of it. There is no upper limit. Since the interest earned is taxable as per individual tax slab rates, it […]
The Board of Trustees of UTI Mutual Fund has approved the creation of a segregated portfolio in UTI Credit Risk Fund and UTI Medium Term Fund. With effect from July 7, 2020, the debt securities of Zee Learn Limited described below will be segregated from the respective total portfolios in the captioned schemes. As of […]
Before a loan is granted to a customer, the bank or financial institution carries out various checks to make sure that the customer will repay the loan along with the interest due. One such determinant when granting a loan is the credit score. This measure indicates the customer’s credit history, with respect to his bank […]
Passive investing styles have been gaining traction in developed markets and increasing in popularity in India. Anil Ghelani, Head of Passive Investments & Products at DSP Mutual Fund, shares his views on whether ETFs, index funds and smart beta strategies will eclipse active fund management. Do you believe active fund managers are struggling to generate […]