- Harshendu Bindal, President, Franklin Templeton Asset Management (India), talks about the mutual fund industry and how it has changed in the past 20 years.
Money Today experts answer your personal finance questions -
Geoff Lewis, Executive Director, Global Market Strategist, JP Morgan Asset Management, talks to Money Today's Tanvi Varma about the investment market in India. He says there is a need to diversify across asset classes and not confine investments to domestic markets. All India Association of Chit Funds General Secretary TS Sivaramakrishnan says registered chit funds are safe to invest in. Trading in non-convertible redeemable preference shares and privately-placed redeemable preference shares, experts say, will give people one more liquid investment option. The savings tool continue to find favour with financial advisors. The catch: A lot depends on promoters following the strict rules that have been laid down for them.
Slowly, but surely, the tablet is becoming the primary personal computing device for millions of people the world over. Here are a few affordable options. For some, buying a used car makes more sense than splurging on a new vehicle. But buying in the second-hand market is far trickier than choosing a new vehicle. Make sure that you know how to make a smart purchase. Sam Abraham introduces new products and services to help you zero in on those that offer value for money.
Kotak Mutual Fund CEO Sandesh Kirkire says the idea behind employing asset allocation as an investment strategy through mutual funds, evolves from the fact that various asset classes behave differently, and have disparate influencing factors at any given point of time. Be a little patient though, as experts say the sector is set to do well overall due to soaring demand for beer and Indian made foreign liquor. Tata Coffee is among the top gainers in the past six months with return of over 45%.
Are you scouting for a loan to buy a house, a car or for your child's education? Here are the best deals on offer from public and private sector lenders -
Whatever the reason-family, health or education-an applicant who has taken a career break makes recruiters apprehensive even if one manages to convince them about their ability. So, one must be prepared to explain the reasons for the break.
The mutual fund industry has witnessed a sea change over the past two decades. The regulatory framework under which the industry operates has been upgraded and tightened, writes Executive Editor Sarbajeet K Sen.
Money Today readers give their feedback on the magazine's personal finance coverage -
A look at recent rulings in banking, insurance, commodities and capital market sectors which can affect you -A look at recent rulings in banking, insurance, commodities and capital market sectors which can affect you - Salaried employees contributing towards the employee provident fund (EPF) will earn a tad more on their mandatory savings. Pre-payment charges for home loan will be deductible under the head 'income from house property'. This means taxpayers can set them off against other heads of income such as salary. Banks are allowed to offer loan against gold ornaments and other jewellery and specially-minted gold coins sold by banks. However, they cannot lend for purchase of gold in any form. If the central bank cuts interest rates in the coming years, gilt and income funds are likely to outperform other debt funds instruments. Though the instrument is aimed at preventing inflation from eating into the returns from investments, the protection may be partial.
Mixed-use property projects offer the best of residential and commercial real estate. At least that's what developers say. Let's see how good are these projects- which have residential as well as commercial spaces-for end-users.