Money Today Archive December 2012 Issue

Edition: December 2012

Cover Story

Dipak Mondal/Money Today

Getting A Facelift

National Pension System gets a facelift

New rules, plus a proposed law giving statutory powers to the Pension Fund Regulatory and Development Authority, promise to revamp NPS and popularise what many say is the only genuine pension product in the country.
  • 'Equity gives NPS an edge over insurance plans' SB Mathur, who recently demitted office as Secretary General, Life Insurance Council, says the National Pension System is emerging as a better retirement option.
  • NPS can benefit employees, employers alike The government gives special tax exemption for contribution towards the National Pension System by employers on behalf of employees under the corporate model. Under this, both employee and employer's contributions are eligible for income tax deduction.
  • DTC may spruce up National Pension System Under the proposed Direct Taxes Code (DTC), NPS will be covered under the Exempt-Exempt-Exempt (EEE) regime, wherein the investor will enjoy tax benefits when contributions are made, says Vineet Agarwal, director of KPMG.
  • 'NPS is the only genuine pension product' Pension Fund Regulatory and Development Authority Chairman Yogesh Agarwal talks to Dipak Mondal about plans to popularise National Pension System.
Mutual Fund
Tanvi Varma/Money Today
The Right Flavour
Mutual funds are churning portfolios after the economic reforms announced by the government in September and October. Since mutual funds manage huge money, it helps to know where they are investing, which shows their outlook on various sectors and stocks.
  • MF schemes launched in 1990s a safe bet? As the year comes to a close, we look at the recent performance of some mutual fund schemes launched in the 1990s. While some of these funds continue to be high on the ratings chart, some have shown a fall in performance of late.
  • Model portfolios fare well in Sept quarter All the top sectors where the four Money Today model fund portfolios have their money fared well, thanks to the September quarter results of companies giving some direction to the market.
  • Banking funds outshine gold ETFs Banking funds continue to outperform others as their average return in the past one year touched 25 per cent, even outshining gold ETFs.
  • Core Portfolio Choice: HDFC TOP 200 HDFC TOP 200 has outperformed its category in the past five years.
Pritam P Hans
Clicking the Refresh Button
The entrepreneurial bug is catching a growing number of Indian professionals despite the absence of a very favourable start-up ecosystem in the country. Web is helping entrepreneurs refurbish existing business models and make a decent profit.
Defensive Driving
Defensive driving ensures that everyone on the road has a safe journey. Here is a list of a few simple, yet essential, defensive driving tips to ensure a stress-free trip.
Query Corner
Query Corner
Money Today experts answer your personal finance queries -
Editors Note
Although more than three and a half years have passed since the National Pension System (NPS) was thrown open to all citizens in May 2009, it is still struggling to attract investors seeking to set aside money for old-age income security.
Talk Back
Letters to the Editor
Money Today readers give their feedback on the magazine's coverage of the personal finance sector -
Smart Spending
Nandagopal Rajan
Dell Inspiron 14 R
The buzz these days is all about Ultrabooks. But not everyone can afford to spend Rs 50,000 or more to buy one. Most first-time buyers would have a budget of under Rs 35,000. Here's a list of the best budget-buys:
Higher Expenses Eat Into Your Portfolio
The Securities and Exchange Board of India had earlier this year allowed mutual funds to increase the expense ratio by 0.20 percentage point for all investors and another 0.30 percentage point for investors in specified small towns.
  • Tax e-filing website gets a makeover The income tax department has upgraded its e-filing website with a better look and more features.
  • The easy way of trading in gold and silver You can buy small quantities of the precious metals in physical format using this online trading platform for bullion.
  • Are FDs, FMPs best bets in current scenario? The Reserve Bank of India's moves since the beginning of the calendar year signal a soft interest rate scenario, but actual rate cuts may be some time away. Inflation is still a concern. How does all this affect you as an investor?
  • Tax saving: Invest in infra bonds than FDs By March 2013, 10 government-owned infrastructure companies would issue Rs 53,500-crore worth of tax-free bonds. As interest earned from these bonds would not be taxed, investors would earn a better post-tax return than from bank fixed deposits.
  • Regulator Watch A look at recent rulings which can affect you.

December 2012

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