Funding is one of the biggest requirements for most businesses to survive or sustain. Funding can come from equity, debt, or other sources. Many organisations rely on business loans for their various needs. Lenders consider several parameters to decide whether the business is eligible for a loan and what should be the interest rate charged. … Read more
The aim is to include assets that are uncorrelated or have low correlation with each other. Equities, debt, cash and gold are the most common asset classes in a portfolio, each providing a distinct flavour and benefit. Equities, while having the potential for higher returns, can be volatile in the short term, triggering concerns over … Read more
Forced to rebuild from scratch, the Mumbai-based couple, now in their early 50s, navigated corporate comebacks and personal sacrifices to stand as a testament to the power of perseverance and being financially savvy. Today, they believe that true wealth lies not just in earning, but in managing what you have. Early life With a shared … Read more
Sometimes, there is a medical or other financial emergency wherein you pay the amount with your credit card. But what if you don’t have the money to pay the outstanding amount when the monthly bill is generated? Should you convert it into a personal loan with EMIs that are easy on the pocket? Let us … Read more
His early investments, however, lacked direction and focus, Mishra admits. To get some feedback, he anonymously posted his portfolio on Reddit, a community-based platform. A fellow user pointed out that his portfolio was overcrowded with too many mutual funds, prompting Mishra to rethink his investment strategy. At the time, Mishra had 14-15 mutual fund schemes … Read more
Being a millennial with student loans and new careers can be overwhelming. However, by making strategic financial decisions, you can secure your future. This guide offers essential tips to help millennials manage their money wisely and achieve long-term financial goals. Gain financial literacy: Financial literacy is crucial for solid financial planning. It provides the knowledge … Read more
I am 35, and recently started a new job with a monthly income of ₹1.5 lakh. I have no significant liabilities and can save 40% of my income. My investments include: ₹10 lakh in MFs (large- and mid-caps, and debt funds); ₹5 lakh in fixed deposit; and ₹3 lakh in PPF. I aim to accumulate … Read more
Authentic Brands Group is seeking to slash the interest costs on a $3.3 billion loan and borrow an additional $400 million to fund an acquisition, marking the latest company to capitalize on a receptive market for risky debt. Arrangers led by Bank of America are attempting to lower the interest rate margin on the company’s … Read more
Restrictions have been implemented by the Reserve Bank of India (RBI) to protect consumers from unsolicited credit cards. This law was put into effect by the RBI to safeguard you against unsolicited credit cards and the risks associated with them, such as Unwanted debt: Since you did not budget for the credit line, unanticipated debt may … Read more
In this conversation with Mint, Meenakshi shares insights about his investments and discusses the growth of fintech and its impact on mutual funds. What is your asset allocation? My portfolio looks something like this: 63% in equity, 30% in debt, 5% in cash for emergencies, and about 2% in real estate. I aim to maintain … Read more