It is important to compare the performance of the fund with the funds having the same profile. E.g. a small-cap fund must be compared against another small-cap fund. Don’t compare it with a banking fund, as both the funds have different profiles. Also compare the performance of the fund vis-à-vis its benchmark index.
When you have quite a bigger amount of money to spare on buying a car or rather as they say, you have arrived in life; it’s time for a luxury sedan or at least a sedan. The price range could be 8-15 lakhs for this category. The cars are longer, more spacious and the price… Read More »
Use real-life experiences to demonstrate everything you want to teach. Learning by observing and doing is the most powerful tool. Such as when you go grocery shopping, and can use the opportunity to showcase planned spending, or how to recognise value for money. Or if you decide to use a credit card at a restaurant,… Read More »
Loan protection insurance, or loan payment protection insurance, is a form of payment protection insurance. This type of insurance can help you protect your monthly loan payments if you become unemployed or suffer an accident or sickness. Loan protection insurance will typically be used to protect a home loan, car loan or even sometimes personal… Read More »
Take a view on this! NSE is above 6000 and BSE is above the psychological 20,000 mark. If you own a house or plan to buy a house in any of the metropolitan cities, you must have witnessed the sharp rise in residential properties. Gold prices are ruling at an all-time high level. The disposable… Read More »
With inflation remaining the core issue, the apex bank has today decided to hike its key policy rates by 25 basis points once again in its second quarterly review for 2010-11. In a span of 1 year, the RBI has hiked the cash reserve ratio (CRR) by 100 basis points and the repo and reverse… Read More »
You will notice that the more you delay, the more you need to invest, hence it makes sense to consistently set aside about 10% of your monthly income for your retirement fund. This will mean your savings will increase correspondingly with your income, enabling you to grow your funds exponentially.
Looking to file a complaint against poor services offered by your bank? Time to get in touch with the Banking Ombudsman.
Remember that to build additional rooms, plan a terrace etc. you need to get the approval of corporation authorities and other construction regulatory bodies. You can avail tax benefits under Section 24 for obtaining a home loan for renovating your existing home.
Japan’s Mazda Motor recalled nearly 90,000 passenger cars domestically and in China due to an oil hose defect. The automaker, which is part owned by US giant Ford, will recall 35,181 units in Japan and some 54,000 in China. The cars produced from January 2006 to March 2009, have been recalled.