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
A year after the Securities and Exchange Board of India (Sebi) was established, private sector entities began entering the mutual fund industry. Five years later, in 1993, Kothari Pioneer, now Franklin Templeton, launched the first systematic investment plan (SIP). Today, SIPs are about to become one of the most preferred investment avenues for Indian investors. … Read more
I am 40 years old, with two kids and a diverse investment portfolio. My assets include ₹52 lakh in EPF, ₹18 lakh in PPF, ₹2.85 crore in mutual funds, ₹80 lakh in equities, and ₹20 lakh in NPS. My monthly income is ₹3 lakh, with expenses of ₹1.5 lakh, and I invest ₹1 lakh monthly … Read more
I am 34 years old, married and have a three-year-old daughter. I work in the IT sector and plan to buy a new home in five years for which I will need ₹20 lakh. At present, my wife and I save nearly ₹60,000 per month. We have close to ₹20 lakh in bank fixed deposits … Read more
My husband and I earn ₹20 lakh every year and invest ₹40,000 every month through a systematic investment plan (SIP) which I started 2 months ago. At present, I have ₹3 lakh in direct stocks and some investment in gold. We want to accumulate a down payment of ₹1 crore in six years to buy … Read more
I am a 35-year old professional with a monthly income of ₹1.6 lakh and expenses of nearly ₹1 lakh. My wife is a homemaker and our son is 3 years old. I have close to ₹14 lakh in mutual funds right now. Is it possible to build a corpus of ₹3 crore in 10 years … Read more
As a result, you should stay true to wealth creation instead of getting carried away with the flow. Here, we list out some of the key money lessons that each investor should be mindful of. In fiscal 2025, you may want to follow these money lessons to achieve your financial goals in the long term. … Read more
In April every year, one tradition remains constant – employees finding their inboxes swamped with requests for investment declarations, marking a period for heightened financial awareness. With the dawn of the fiscal year, there is a pressing need to map out one’s financial and tax strategies for the year. Strategic tax management is integral to … Read more
Should we invest now? Or should we wait for the market correction? Can we make target returns in such a high market? Should we buy more to lower the average price? Can we invest in such a volatile market and earn reasonable returns? These, and other related questions, often delay the investment decisions of people. … Read more
Its been 30 years since I have been tracking the stock markets. And during this period, perhaps there have been about four instances when the retail investor has been labelled as ‘mature’. It happened during the telecom-media-tech boom of the late 1990s. The retail investor was apparently mature enough to understand that the world had … Read more