Mutual fund houses are wooing parents with niche offerings that promise to help them build a corpus for their children.
If you want to ensure that your children's future is secure, opt for insurance plans that are specially designed to fulfill this need. Infrastructure bonds are the latest investment option for saving tax, but these may not be a good choice for all investors. Is it time for a know-your-banker (KYB) norm? Perhaps it is, given the
recent scam, wherein the relationship manager of a premier foreign bank
duped his high net worth clients. DSP BlackRock Top 100 Equity has outperformed its benchmark index in five of the past six years.
IPO juggernaut rolls on The public issue market, still relishing the gains from the Coal India IPO, remains upbeat with about 100 issues expected in 2011. Metal companies have done well in the past five years, with four among the top 10.
Invest in markets after following the pattern An analysis of returns by major indices during the past decade reveals that the market follows a pattern, one which can be used to position investments. Tax-saving equity funds have given an average return of 14.15 per cent
over the past five years, making them the best savings option under
Section 80C. Sam Abraham introduces new products and services to help you zero in on those that offer value for money.
3G in the fast lane Despite the initial flurry of activity, third generation bandwidth services are taking their time to launch. Here are some data plans to get you started.
Cash in on your car Selling a car yourself may take effort and time but it will be worth the price you get. More firms are adopting flexible work hours to secure talent and improve productivity.
20 ideas to make money online A cash cow for the enterprising, the Internet is littered with opportunities to make a fast buck. While it rarely qualifies as a solitary source of income, the Net can easily help you supplement it. However, the amount you earn depends on the time and effort invested. Go through these 20 options and find out which ones work for you.
On your own terms To ease and improve your functionality as an employee, it's important to be clear about your company's HR policies and terms of engagement, says Devashish Chakravarty. Systematic investment in better performing sectors has helped the MONEY TODAY-Value Research Lifestage Portfolios perform well despite the prevailing instability in the market.
'The need to beat inflation will revive retail interest in MFs' Rajiv Bajaj, Vice-chairman and managing director, Bajaj Capital, talks to Dipak Mondal on why retail investors shy away from investing in mutual funds.
Mutual fund industry struggling to woo retail investors The mutual fund industry is witnessing a mass exodus of investors, but it has not been able to come up with a definite plan to stop the outflow. Find out how your 'biased reasoning' may lead to financial blunders and how to save yourself from falling prey to it.
Betting on the money game High-leverage currency derivatives can help you benefit from forex volatility, but a wrong decision can wipe out your investment. S. Narayanan, MD & CEO, IFFCO-Tokio General Insurance, tells Chandralekha Mukerji that the accessibility of health insurance will increase in the coming years.
Designed for unique needs To cover specific needs, insurance companies are formulating innovative policies for specific requirements. Here are a few you can pick to customise your cover. Is it possible to link multiple bank
accounts to a single mobile number or single account to multiple mobile
numbers for transactions using the Inter-bank Mobile Payment Service? A look at the recent rulings that can affect you:
Sharia Index The BSE and Mumbai-based Taqwaa Advisory and Shariah Investment
Solutions (Tasis) has launched India's first equity index of companies
that comply with Sharia, the Islamic law.
Talk more, pay zilch Launched by a social marketing start-up firm, Aryan Global Networks,
this is a unique free calling facility for both prepaid and postpaid
mobile phone users and is accessible from all major mobile service
Housing Concerns Majority of homebuyers expect property prices to correct by up to 20% this year, according to a survey by Makaan.com.
Secure transaction Following a mandate by the Reserve Bank of India, banks have added an extra security layer to phone banking transactions.
More on Loan The Reserve Bank of India (RBI) has allowed banks to sanction up to 90%
of the value of a property for loans up to Rs 20 lakh. This will enable
homebuyers to get more funding to buy property.
Rising interest Unrelenting inflation also brings with it a measure of respite-the
Reserve Bank of India hikes the key policy rates, which leads to banks
raising the interest rates on fixed deposits (FDs) A good financial plan should include an insurance cover to safeguard your children's future, says Rohit Bhuta, CEO, Religare Macquarie Wealth Management. The Indian commodity futures landscape has been evolving and the national commodity exchanges have made a big headway since their inception, with volumes surging with every passing year. If you are worried about the performance of your equity portfolio, you
can divert some of your investment to the agri-commodities market, which
experts believe, could give handsome returns during 2011. I am 33 years old and am keen to start
building a retirement corpus. Which criteria do I need to consider
before opting for a good retirement policy? Could you suggest plans? The Indian economy's relentless thrust to move up the global pecking order is throwing up new and exciting career opportunities.
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