Personal Finance Mistakes News
Is your PPF or Sukanya Samriddhi account at risk? Here’s what you need to know
The government’s crackdown on irregular small savings accounts is a warning to those bending the rules. With retrospective penalties and lower interest rates, account holders must act quickly or risk losing valuable interest.
3 min read14 Sep 2024How to lose money on the world’s most popular investment theme
Pity the investors in the three artificial-intelligence-themed exchange-traded funds that managed to lose money this year.
5 min read1 Sep 2024Investing for your child’s future: Are mutual funds a good option to consider?
Mutual funds can be a strategic way to secure your child’s financial future, benefiting from compounding and fostering financial literacy. Essential steps include gathering documentation, selecting an investment method, and setting up a Mutual Fund login with a Common Account Number (CAN).
5 min read30 Aug 2024Why Sumit Shukla has funds tied up in NPS tier-II, not MFs
As per available data, MFs command over ₹55 trillion in assets and traditional NPS tier-I funds have assets worth Rs1.75 trillion, while NPS tier-II funds only have ₹5,435 crore under its hood.
5 min read30 Apr 2024PMS providers need to start disclosing historical NAV of their strategies
If you want the return data to reveal all its secrets, you will need to undertake a factor-based analysis for which historical NAV is needed
3 min read29 Apr 2024Mutual funds: SIP contributions jumped 28% to nearly ₹2 lakh crore in FY24, shows AMFI data
Inflows to mutual funds via systematic investment plans spiked in the fiscal year 2023-24, rising from ₹13,700 crore in April 2023 to ₹19,271 crore in March 2024, signifying a rise of 40 per cent.
1 min read11 Apr 2024Popular Topics
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