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Mutual Funds

Mutual Funds: What is a step-up SIP and how does it work?

Mutual fund step-up SIP allows investors to increase their contribution periodically, tailored for those expecting income growth. Here’s how it works

4 min read4 Jun 2024
Mutual Funds

Mutual Funds: Why should you include manufacturing funds in your portfolio?

Manufacturing-focused mutual funds in India have shown strong performance, outperforming major market indices. These funds invest in companies across market capitalizations within the manufacturing industry, offering diversification and active portfolio management.

2 min read3 Jun 2024
Mutual Funds

Mutual Funds: Should you invest in solution-oriented funds? MintGenie explains

While some investors may find solution-oriented mutual funds to be a wise option, they are not the best option for everyone. Most importantly, investors may not achieve the goals for which they invested if the nominal returns on these funds are insufficient.

6 min read3 Jun 2024
Money

Term Life Insurance: Why should you not buy a return-of-premium option?

Life insurers cater to Indians with return-of-premium term plans, which pay back premiums on survival. Despite sounding attractive, the higher premiums make these plans less favorable. Investing the premium difference in other avenues can result in significantly higher returns over time.

3 min read3 Jun 2024
Markets

Demat vs Trading Account: What is the difference and how do they work?

Demat accounts convert physical assets to electronic format for storage, while trading accounts are used for buying and selling securities. Both accounts are interdependent, with unique numbers and online operation. It is recommended to have both accounts with the same DP for efficient trading.

3 min read2 Jun 2024
Money

Considering a personal loan to buy a car? Here are its pros and cons

You can use a personal loan to purchase a car as long as you are aware of the benefits and drawbacks before making the decision.

5 min read29 May 2024
Markets

Explained: Why is Indian market breaking record highs in May despite FPI outflows?

Foreign Portfolio Investors (FPIs) offload Indian shares due to various factors, while domestic investors maintain market strength. FPIs withdrew ₹35,527 crore in May, but DIIs invested ₹41,720 crore, leading to record highs for Nifty 50 and Sensex multiple times in the month.

3 min read28 May 2024
Money

Impact of personal loans on financial planning: Here are the pros and cons

Personal loans can significantly impact your financial planning, both positively and negatively depending on your circumstances.

3 min read28 May 2024
Money

What are instant personal loans? Here are 6 essential features that define them

Compared to traditional personal loans, instant personal loans have quicker approval processes and are intended to give quick access to funds.

2 min read27 May 2024
Mutual Funds

Your Questions Answered: What is the Nifty 100 Low Volatility 30 Index and its pros and cons?

The Nifty 100 Low Volatility 30 Index tracks the 30 least volatile stocks within the Nifty 100, appealing to risk-averse investors seeking stability in turbulent markets. It serves as a benchmark for various financial products and is recalibrated semi-annually for up-to-date performance.

8 min read27 May 2024
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

Credit cards

Till a few years ago, credit cards used to be a rich man's asset. But lifetime free offers and reduced qualifying requirements means that even students can now use them. Over the last couple of years, we have seen a steady rise in savvy usage of credit cards. What used to be restricted to petrol pumps, airline tickets, and some expensive expenditure, turned into rent payments and car purchases. In the chase for reward points, credit card usage turned into a game for many people. Of course, Mint has something for everyone. From students to HNIs, we have it all covered: the advantages, the loopholes, the risks. Read our personal finance team's coverage of credit cards:

4 Articles
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