I am 35 years old and I started investing in the stock market 5 years ago. I have a corpus of about Rs 1 crore which includes Equity (50%), FDs (15%), MFs (25%) and SGB (10%). I want to diversify my portfolio and explore alternative investment options as well. How should I start? Reply by … Read more
The Centre has recently revised the interest rates applicable to small savings schemes for the quarter of January-March 2024. Though it didn’t revise the interest rates for Senior Citizens Savings Scheme, the government-back scheme offers one of the best competitive rates to Indian residents aged above 60 years. Here’s a quick comparison of Senior Citizens … Read more
The past experiences in the markets clearly stand as testimony to the fact that no asset class is free from risk unless it’s about fixed deposits (FD). Be it the equity market, bonds, equity funds commodities, currency, or even debt funds, all suffer valuation losses whenever there are negative trends in global economies, changes in … Read more
The amendments to the taxation of debt mutual funds didn’t bode well for investors across categories, as the arbitrage benefits one could avail on such investments are no longer in place. According to the amendment to the Finance Bill, income from investments in debt mutual funds where not more than 35% is invested in equity … Read more