Trump accounts explained: A new savings scheme introduced under last year’s tax bill, referred to as “”, is designed to help families start building wealth for children from birth. These…
Category: Banking And Finance
PPF vs ELSS vs NPS: Where does ₹5,000/month grow the most? 15-year returns compared
PPF, ELSS and are among the most widely used tax-saving investment options available to individuals. While all three offer tax benefits, they differ in terms of structure, eligibility, lock-in periods…
No cause for concern at HDFC Bank: InGovern
Mumbai: ‘s governance and hold up well despite the resignation of part time chairman , investors advisory firm said. Investors have no reason for concern on financial strength or leadership…
Sukanya Samriddhi, provident fund, bank deposits, mutual funds: Compare investments for your child’s future
Securing your child’s future is an important aspect of financial planning and the right investment scheme can make all the difference when it comes to meeting their goals. For parents,…
JM Financial Private Equity, family offices invest Rs 150 cr in NG Electro Products
Mumbai: Consumer goods-focused on Thursday said it has raised Rs 150 crore from and some family offices. The funds will be deployed to expand , accelerate in R&D and product…
₹50 lakh retirement corpus: How to invest in SCSS, mutual funds, equities and other assets — CA offers tips
A ₹50 lakh retirement corpus is not just your savings; in fact, it is your income engine. This fund will keep you protected for the next 20-30 years of your…
Asset allocation explained: How to split your investments between PPF, equity and gold for optimal returns
Asset allocation is the process of splitting investments across different asset classes to balance risk and return. Common categories include fixed-income instruments such as the Public Provident Fund (), equity…
HDFC Bank to invest Rs 1,000 cr in HDFC Life to boost solvency
will invest Rs 1,000 crore in through a , raising its stake in the insurer to 50.54% from 50.21% currently. HDFC Life will issue 1.45 crore to its parent at…
6 reasons why first-time borrowers find it tough to maintain a healthy credit score
Your first experience with credit may feel like a milestone, but it brings real responsibility that many underestimate. Building a strong credit score isn’t instant; it requires disciplined, timely repayments…
Lumpsum vs SIP: What mutual fund investment will make you more money? Here’s which to choose
A popular investment option for individuals looking to achieve financial goals and grow their wealth, a mutual fund is formed when an asset management company (AMC) pools money to purchase…