Sending money abroad? Here’s all you need to know about the RBI’s Liberalised Remittance Scheme

Sending money abroad? Here's all you need to know about the RBI's Liberalised Remittance Scheme

Here’s everything you need to know about it. Investments LRS allows Indians to invest in listed foreign securities – both equity and debt. You can invest in mutual funds, exchange traded funds (ETFs), venture funds, and real estate (with some caveats). You can also invest in listed debt securities such as bonds, but not unlisted … Read more

10 common behavioural biases that impact investment decisions

10 common behavioural biases that impact investment decisions

Many investors do not take a disciplined approach to secure and grow their finances, due to certain biases. Such biases lead to mistakes like having inadequate or low life cover, avoiding or making low investments in equity-oriented investments, ignoring retirement planning and exposing to high-risk and unregulated investments. This article flags those biases to help … Read more

Global vs Indian Investing: Why diversification matters for your portfolio?

Global vs Indian Investing: Why diversification matters for your portfolio?

Most Indian investors have primarily focused on the domestic market for various reasons, including strong economic growth and solid fundamentals. This has led many to overlook investment opportunities abroad. Additionally, restrictions on transferring large sums of money outside India and the additional paperwork involved have further contributed to the India focus. Global opportunities and diversification … Read more

Tailoring portfolio diversification: Strategies for different phases of life

Tailoring portfolio diversification: Strategies for different phases of life

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

Income Tax Changes in Budget 2024: Dos and don’ts for individual taxpayers

Income Tax Changes in Budget 2024: Dos and don’ts for individual taxpayers

The budget has brought in some major changes in taxation which would impact individuals. People may make some knee-jerk decisions as a quick reaction to the tax announcements and this article tends to suggest the do’s and don’ts to help people to avoid unwise actions. Before even getting into any specifics, regardless of changes in … Read more

How this Darjeeling-based coder is aiming financial independence with ₹15-cr corpus

How this Darjeeling-based coder is aiming financial independence with ₹15-cr corpus

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

What is the definition of ‘long term’ while investing in equities? MintGenie explores

What is the definition of ‘long term’ while investing in equities? MintGenie explores

Investing, a crucial aspect of financial planning, requires a strategic approach that aligns with individual goals and time frames. Whether it’s equities, debt funds, or other asset classes, having a clear investment horizon is imperative for optimising returns and managing risk effectively. Investing with a time frame: Importance across asset classes When it comes to … Read more

How this Hindi scholar is channeling his savings into charity

How this Hindi scholar is channeling his savings into charity

Pandey, who retired more than two decades ago and now relies on his pension and mutual fund (MF) systematic withdrawal plans (SWPs), admits that he did not feel the need to commit to any serious investments for a long time after retirement. Retirement  Using his retirement benefits, a significant contribution from his son who was … Read more

Elections 2024: How to position your portfolio ahead of significant events

Elections 2024: How to position your portfolio ahead of significant events

Recently, social media has been inundated with inquiries from people seeking advice on how to position themselves in anticipation of significant events, such as trends emerging from the general election at 9.15am on 4 June, when India’s equity markets open for trade. Big events often create anxiety for most people regarding the decision to act … Read more

Why the importance of a multi-asset portfolio cannot be overstated? MintGenie explains

Why the importance of a multi-asset portfolio cannot be overstated? MintGenie explains

‘Don’t put all your eggs in one basket’, once said a wise man. In the dynamic landscape of financial markets, constructing a robust investment portfolio is crucial for achieving long-term financial goals. One strategy that is gaining prominence is the adoption of a multi-asset portfolio. This approach involves diversifying investments across various asset classes, offering … Read more