All about the product Jeevan Utsav is a non-linked, non-participating, savings whole life insurance plan. This implies that the policy payouts are not linked to stock market movements or the company’s profits….
Category: Finance
Why now is the best time to book your bank fixed deposits (FDs)— Explained
Fixed Deposit (FD) is one of the most popular ways of investment in India. Apart from ensuring a guaranteed return and offering higher interest rates than savings accounts, FDs also offer income…
Climate change: Why Indians should look at home insurance more seriously
A home is in all likelihood the most expensive asset purchase people make during their lifetime. However, when it comes to adequately protecting this asset, we tend to be targets of optimism…
Missed filing ITR? December 31 is the last day to file belated income tax returns
As the saying goes, “Better late than never,” but when it comes to filing your income tax return (ITR), failing to meet the deadline can have serious consequences. Taxpayers who have yet…
Can my niece claim a share of her grandmother’s property?
My mother, who owned a house in Lucknow, died recently without leaving behind a will. Of my three siblings, one sister and a brother died sometime ago. Can my niece, the daughter…
Max Life introduces the Smart Total Elite Protection Term Plan. Details here
Max Life Insurance Company has introduced the Smart Total Elite Protection Plan, a comprehensive term life insurance policy designed to align with contemporary lifestyles. This plan offers extensive coverage customized to meet…
Which mutual funds will do better after the polls?
Which mutual fund schemes should I invest in, taking into consideration the victory of the Bharatiya Janata Party in assembly elections held recently? -Name withheld on request The markets will now gain…
What a car loan costs you
It is tempting to buy a new car, be it an upgrade, a first car or another car for the family. Whatever be the reason, a car loan makes the purchase easier….
How is the profit on my bond sale taxed?
Three months ago, I bought IFCI bonds, issued on 1 August 2011, for ₹34,000. The date of maturity of these bonds, with a face value of ₹10,000, is 1 August 2026. On…
7 investing mantras by Nassim Nicholas Taleb that make him an outlier in the world of investments
As of November 2023, the net worth of this prolific author, who has also served as a professor in numerous universities, is approximated to be around $2 million. Taleb stands apart from…
From comic books to Netflix film, The Archies have 6 money lessons to teach the savvy investor
But you know The Archies have come a long way from being comic books we read as kids because Shah Rukh Khan wore an Archies tee at a special screening of the…
Planning your year-end holiday? Here are 3 credit cards that offer free hotel stay
Many people plan their annual vacation in December. They prefer to take a break from office work in the last week of December as kids also have their Christmas vacation during that…
Total outstanding bonds surge in September
View Full Image In September, the total outstanding bonds reported a surge Milestone Alert!Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. Catch…
44% of households experiencing rise in health-related expenses, says survey
Health-related expenses have seen a significant boost, with 44% of families reporting increased spending on items like vitamins, tests, and healthy food,according to the latest report on the India Consumer Sentiment Index…
What Saurabh Mukherjea’s 5-year report card tells us
Mumbai: This was not how Saurabh Mukherjea envisaged his portfolio management service (PMS) would end up after five years: investors demanding an explanation about performance and ₹40 crore being pulled out of…
Mid-term equity markets: 3 experts analyse its outlook and opportunities
But, take heart, within this uncertainty there is opportunity. And for the sagacious investor even the opportunity to tidy up his (financial) house. “Everything is against the equity markets,” says Abhishek Banerjee,…
A good alternative: Why you should Invest in gold via a structured route
In an era of financial intricacies and market uncertainties, understanding the significance of portfolio stability and diversification is paramount. Gold, renowned for its historical resilience and value appreciation amid economic turbulence, emerges…
QR code scams: How to identify and be safe from such tricks
QR code scam is rapidly rising as it is the most common way scammers can trick users. The rise of QR code scams poses a significant threat in the expanding digital payment…
Why investors must have higher debt allocation over the next 12-18 months
India bond markets have witnessed quite a bit of volatility in the last few months. The yields on the 10-year government bonds fell from 7.45% to 7% and have risen back to…
Online payment fraud: Beware of these five most common scams in India that everyone should know to protect their money
Online payments have made financial transactions more convenient for millions of people worldwide. However, this convenience comes with the risk of fraud, and scams that people need to be aware of. Cybercriminals…
Returns on my investments | Mint
Building a portfolio is a complex exercise, and it has to be maintained, too. A person’s portfolio holds different types of assets based on his/her financial goals, and each asset class gives…
HDFC Bank launches Tata Neu Credit Cards: From rewards to eligibility, all you need to know
Tata Neu is a popular super app offering access to Tata Group services, deals, and NeuCoins. Neu Plus and Infinity cards provide rewards on the app along with other benefits. After the…
How does third-party car insurance help?
How does third-party car insurance help? I have motor insurance, but it’s only third-party coverage. Will it cover damages in case of accidents or pile-ups on highways due to smog? —Name withheld…
4 investment mantras by Michael J Mauboussin to survive market storms
How many people are aware of Michael J Mauboussin or his contribution to the investment world? The individual leading Consilient Research at Counterpoint Global, within Morgan Stanley Investment Management, and serving as…
Indians prefer mutual fund investments over fixed deposits
View Full Image Investors prefer mutual funds over fixed deposits Milestone Alert!Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. Catch all the…
How do credit cards help in building a strong credit score? MintGenie explains
For many, credit cards have become essential in daily life, offering convenience and flexible repayment options, allowing them to take greater control of their finances. They offer benefits like one-time signing bonus,…
NFO Alert: All you need to know about WhiteOak Capital Large and Mid Cap Fund
WhiteOak Mutual Fund announced the launch of the WhiteOak Capital Large & Mid Cap Fund, an open-ended equity scheme investing in both large-cap and mid-cap stocks. The scheme opened for public subscription…
Have you missed SSY investment contribution? Here’s how to reactivate an inactive account
Experiencing the freezing of savings or investment accounts can be distressing for numerous individuals, particularly those who are unfamiliar with the regulations pertaining to banking and investments. An increasing number of investors…
A question of financial security: Are Indians ready for their retirement?
Recently, when I sat down with Ajit Menon, the CEO of PGIM India Mutual Fund, something he said about retirement nudged me to think more deeply about the inevitable milestone. “Sagneet, we…
Should ULIP be part of your retirement portfolio? 3 experts weigh in
Planning for retirement is a crucial aspect of one’s financial journey, and selecting the right investment instruments to build a solid retirement portfolio is no easy task. Amongst the various options available,…
Shaping investing strategies beyond just the numbers
Charlie Munger, an army veteran and a lawyer by training, in his near century-long life can be best described as the paragon of wisdom. Over the past several decades, Munger has liberally…
Attention senior citizens, pensioners! If you miss November 30 deadline then…
Every year by November 30, Central and state government pensioners must submit their life certificates or Jeewan praman patra in order to continue receiving pensions. With the advent of technology, the process…
Tata AIG introduces ‘Health Supercharge’ offering enhanced coverage for overall well-being; all you need to know
TATA AIG General Insurance Company introduced “Health Supercharge” with the aim of offering a fivefold enhancement in health insurance coverage, addressing the dynamic nature of health-related uncertainties. This new plan caters to…
HDFC Bank revises rates on these fixed deposits. Check latest FD rates here
HDFC Bank has revised its interest rates on non-withdrawable fixed deposits (FDs). As per the official website of HDFC Bank, interest rates on these deposits are effective from today 27th November 2023….
Get rewarded for UPI payments with virtual Rupay credit cards
“If a customer has a credit card on networks such as MasterCard or Visa and wants a Rupay equivalent to make UPI payments, they can ask the bank for a virtual card,”…
What fees are associated with a home loan?
What are the various fees associated with a home loan application? —Sanyam Verma Understanding the various fees associated with a home loan application is crucial for a comprehensive view of the overall…
5 myths and facts about travel insurance that everyone needs to know
Travel insurance is like a safety net, offering invaluable peace of mind when exploring the diverse landscapes of our world. However, many travellers believe they don’t need travel insurance, but not having…
Why Gen Z should diversify portfolios with digital gold? MintGenie explains
In the fast-paced world of finance, where the traditional meets the technological, a new generation of investors is emerging, driven by a unique perspective and a digital-first mindset. Gen Z, the generation…
Yes Bank hikes fixed deposit (FD) rates. How they compare with SBI, HDFC Bank, ICICI Bank
Private lender Yes Bank has hiked the fixed deposit interest rate on selected tenure for deposits below ₹2 crore. After the latest revision, the bank offers interest rates between 3.25% to 7.75%…
NFO Alert: All you need to know about Bajaj Finserv Balanced Advantage Fund
Bajaj Finserv Mutual Fund announced the launch of the Bajaj Finserv Balanced Advantage Fund, an open-ended dynamic asset allocation fund suitable for investors wanting to invest in equity and equity-related instruments including…
9 best performing large and mid-cap mutual funds to invest in 2023
View Full Image Best mutual funds in the large and mid-cap category to invest in 2023. Milestone Alert!Livemint tops charts as the fastest growing news website in the world 🌏 Click here…
BITS Pilani, ABCF and NITI Aayog to empower women-led startups. Details here
BITS Pilani’s technology business incubator, Pilani Innovation and Entrepreneurship Development Society (PIEDS), has introduced the inaugural edition of its startup initiative, “Womenpreneur for Bharat 1.0″. This program is conducted in collaboration with…
