Money

 (iStock)
(iStock)

Small-, mid-caps work over long term

  • A portfolio that has equal distributions to ICICI Prudential Nifty Next 50, Mirae Asset India Equity fund and Parag Parikh Long term equity would be a good, aggressive long-term portfolio
  • Equity returns don’t happen in a smooth upward curve and there would be a lot of volatility on the way

 (Photo: Bloomberg)
High vacancy and vast number of complaints could be some of the reasons behind non-execution of Rera orders. (Photo: Indranil Bhoumik/Mint)
High vacancy and vast number of complaints could be some of the reasons behind non-execution of Rera orders. (Photo: Indranil Bhoumik/Mint)

Aggrieved buyers face another Rera battle

  • Several Rera orders favouring homebuyers have not been executed
  • According to Rera Act, once an order is passed by the authority, it needs to be executed within a fixed timeline

Manish Sharma, 35-year-old IT professional
A file photo of Jack Ma, (Bloomberg)

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.

 (iStock)
 (iStock)
 (Photo: iStock)
Travel credit cards essentially benefit people who travel frequently. (iStock)
Travel credit cards essentially benefit people who travel frequently. (iStock)

A cheat-sheet for your first overseas trip

  • Passport costs approximately 1,500 for a fresh application and 2,000 for a tatkal application
  • Travel insurance is a must for going abroad, as any unforeseen medical issue can cost you dearly

 (Illustration: Sudhir Shetty)
 (Photo: iStock)
(Photo: iStock)

Decoding income tax exemptions

  • EET stands for exempt-exempt-taxable where an investor can receive two exemptions on investments
  • The last exempt implies that lump sum amount received at the time maturity or withdrawal is tax-free

 (Illustration: Sudhir Shetty)
The total birthday expenditure touches  ₹30,000, says New Delhi-based Renu Arora
The total birthday expenditure touches 30,000, says New Delhi-based Renu Arora

Making a birthday fun(d)

GOING ALL OUT? Customised cakes, theme parties, special costumes, return gifts – when you plan for your child’s special day, remember to fix a budget, plan ahead