Money

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Building a portfolio is a complex exercise, and it has to be maintained too. (Photo: Reuters)
Building a portfolio is a complex exercise, and it has to be maintained too. (Photo: Reuters)

Returns on my investments

  • One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation
  • Here's a look at how four commonly used asset types—equity, cash, gold and fixed income—have done in different periods

The slowdown in wealth creation coincides with a downturn in the Indian economy, which grew at the slowest pace in six years in the three months ended 30 June (Photo: Bloomberg)
The slowdown in wealth creation coincides with a downturn in the Indian economy, which grew at the slowest pace in six years in the three months ended 30 June (Photo: Bloomberg)

India's household wealth growth crawls, debt jumps: Credit Suisse study

  • Household wealth grew by 5.2% in dollar terms in the year till 30 June against the 11% average growth in the 20 yrs to 2019
  • The report estimates that 78% of India’s adult population has wealth below $10,000, while 1.8% of India’s population has more than $100,000

Sumit Shukla, Chief executive officer, HDFC Pension Fund
Online investing is popular among millennials, but technological orientation without research can be harmful (Photo: iStock)
Online investing is popular among millennials, but technological orientation without research can be harmful (Photo: iStock)

Tech-happy millennials like their mutual funds

  • Millennials are overwhelmingly invested in equity funds, especially tax-saving ELSS
  • Among debt funds, the insta redemption facility in liquid funds rather than traditional debt is the big draw

When you keep searching for the same route again and again, the website scares you into booking the tickets immediately by increasing the fares (Photo: iStock)
When you keep searching for the same route again and again, the website scares you into booking the tickets immediately by increasing the fares (Photo: iStock)

Five hacks to make your flight tickets cheaper

  • Comparing fares and costs across websites, airlines, dates and travel plans and using reward points you have accumulated can help reduce ticket prices
  • If you’ve earned discount coupons while using other service-based apps, remember to redeem those as well

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Check Kotak Mahindra Bank latest FD rates here.
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Gold bonds: The issue price has been fixed at  ₹3,785 per gram of gold for those who apply online and make payments online
People need to be aware of risks related to bank deposits, say experts
Photo: iStock
Photo: iStock
Photo: iStock
Once aboard the ship, you have limited choices, but cruises usually make multiple stop-overs for day trips  (Photo: iStock)
Photo: iStock
HRA helps you lower your income tax liability (Photo: Mint)
PPF Form H needs to be submitted before one year of the maturity of the account
Income tax department data reveals that in the  ₹10-15 lakh salary bracket, there were more than 22 lakh taxpayers. (iStock)
Log in to SBI's official website 'www.onlinesbi.com'. (Reuters)