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Cover Story

  • Pending proposals and reluctant regulations have been implemented in practically every sphere of personal finance. Learn how they stand to benefit you.
  • Introduction of the applications supported by blocked amount, or ASBA, by market regulator Sebi in September 2008.
  • Ashu Suyash, MD and Country Head of Fidelity Mutual Fund, tells Babar Zaidi how the removal of entry loads on mutual funds last year has affected small investors.
  • Removal of entry loads on all mutual fund schemes by Sebi from August 2009. It was a step up from exemption to direct applicants only.
  • An increase in the open offer size from 20 per cent to 100 per cent has been recommended by the takeover committee. It's likely to be implemented in the next financial year.
  • K.N. Vaidyanathan, Executive Director, Sebi, tells Tanvi Varma how changes in the mutual fund sector over the past year have affected investors.
  • Online sale of life insurance. It has removed the intermediary between the firm and the policyholder. Aegon Religare Life Insurance launched it in 2009.
  • Phasing out of all commissions payable to insurance agents by April 2011. Also, removal of loads for all financial products.
  • Capping of charges on Ulips, extension of lock-in period from 3 years to 5 years and raising of minimum cover to 10 times the premium.
  • Portability allows benefits accrued under an existing policy to be carried over to a policy with a different insurer.
  • The recent changes in the Ulip structure and the new Direct Taxes Code will change the way this market-linked policy benefits the customer.
  • Replacement of the benchmark prime lending rate (BPLR) for banks with base rate, on 1 July 2010. It is the rate below which the banks cannot lend.
  • The interest rate on savings accounts is to be paid on the average daily amount, rather than the minimum monthly sum. It was introduced on April 1.
  • Withdrawal of up to Rs 10,000 from any bank's ATM for free, five times a month. This facility was launched on 15 October 2009.
  • Introduction of the 'one paisa per second' tariff plan for mobile phones by Tata Docomo. It first took off in Tamil Nadu in June 2009.
Nov 01, 2010
Expert View The Art of Agreeing

The Art of Agreeing

In the first part of a sub-series on negotiation, Devashish Chakravarty suggests ways to reach a mutually beneficial agreement with clients or vendors outside the organisation.

Hit the Street

The rise in the indices should not be any cause for concern. The Indian market is not overvalued as of now, so don't sell (your stocks) in a hurry.

A healthy change

While restructuring your portfolio, redefine your financial goals and draw a plan based on your life stage. Asset allocation is an important aspect of the rebalancing exercise.

A positive outlook

A catastrophic decline is not envisaged and it will be a stockpicker's market in the future as valuations seem high. A simple approach would be to invest via a systematic investment plan.
Mutual Fund Small Bets, Big Profits

Small Bets, Big Profits

Small- and mid-cap funds have been outperformers in the past one year, but this should not make them the mainstay of your fund portfolio.

Auto Rebalancing

Despite a healthy growth since launch, the MONEY TODAY-Value Research Lifestage Portfolios' asset allocation remains within limit, thus controlling risk.

Don't sell, just rebalance

With the stock market touching a high, it is time to rejig your mutual fund portfolio and organise your asset allocation to suit your risk profile. Here's how to go about it.
Banking How not to lose interest

How not to lose interest

Deposit rates are poised to go up. Tanvi Varma tells you what this means for your debt investments and how you can get the best returns without much risk.

Secure Payment

Credit/debit cards help you dispense with wads of cash, while reward points add to their attraction. What detracts from their appeal, however, is the increasing incidence of fraud.
Tax DTC Proposals

DTC Proposals

The new Direct Taxes Code and the Goods and Services Tax, both of which are set to transform the direct and indirect tax structure.
Smart Spending 10 tips for a car's long life

10 tips for a car's long life

If you know how to maintain your car, it will go a long way in paring down repair costs and increasing its resale value. Here are some simple pointers to enhance your car's upkeep.

The Hot & the not so Happening

Sam Abraham reviews new products and services to help you zero in on those that offer value for money.
BASICS Futures Terms

Futures Terms

Trading in futures can help investors make big profits, but it is also fraught with risk. Here is a glossary to help you understand this derivative tool.
Travel Big Bash for Small Bucks

Big Bash for Small Bucks

Welcome the new year in style by foregoing the frumpy parties for these offbeat destinations in India and abroad. Cheaper than the crowded hotspots, they also offer unique sensory experiences.
Query Corner Query corner

Query corner

From where can I buy infrastructure and Nabard bonds in order to save tax? What are the benefits and tax implications of purchasing these bonds?
Stocks Raging Bull

Raging Bull

The stock market is dangerously close to the January 2008 highs. Find out whether you should buy, hold or sell your stocks at this juncture.
Stocks Fishing for large-cap winners

Fishing for large-cap winners

In the concluding part of the series on celebrity investors' strategies, Sameer Bhardwaj tests James O'Shaughnessy's method of picking large-cap winners.

Finding value at 21,000

The market is looking full priced at this level. However, there are still some pockets of opportunities. Here's how to spot them.
Banking Gaining Muscle

Gaining Muscle

Citius, Altius, Fortius' could well be the rallying cry of the rupee as it rises swiftly, touches new highs and becomes stronger against the dollar.
Last Word Markets: Then & Now

Markets: Then & Now

A massive influx of FII money in recent months has taken the Sensex close to its 2008 high. In September this year alone, FIIs pumped in Rs 29,195 crore into the equity markets.
Insight Best Performers

Best Performers

As benchmark indices move closer to their historic highs, investors are booking profits, with equity mutual funds witnessing a net outflow of Rs 7,011 crore in September.
Technology Wizards at work

Wizards at work

Here are some free web applications that can help improve your productivity by pruning out work warts and reducing security concerns.
Editors Note Letter from the Editor-in-chief

Letter from the Editor-in-chief

The world of investing has seen the best of times and the worst of times since MONEY TODAY was launched four years ago. The economy went through one of its finest phases but also suffered one of its worst hiccups.