When investing in mutual funds, returns are a key consideration for investors. However, calculating the exact return can be tricky, especially when investments are made at different times. This is where XIRR (Extended Internal Rate of Return) comes in. It helps investors measure their actual returns, considering multiple investments made at different intervals. Index Fund […]
DIY vs financial advisor: When to seek expert help for your money – CNBC TV18
Managing personal finances is a crucial skill, but the choice between doing it yourself (DIY) or hiring a financial advisor can be challenging. Both approaches have their merits, but the right decision often depends on your financial goals, knowledge, and time availability. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense […]
REITs, hybrid funds key investment themes for 2025: ICICI Prudential AMC’s S Naren – CNBC TV18
S Naren, Executive Director and Chief Investment Officer of ICICI Prudential AMC, shared his optimistic outlook on Real Estate Investment Trusts (REITs) and office spaces. He emphasized that the best way to leverage these opportunities is through asset allocation via hybrid funds. Naren also discussed his broader market outlook for 2025, highlighting equities and other […]
Why index funds are ideal for first-time investors – CNBC TV18
Figuring out where to invest can be a daunting task, especially with so many options out there. But if you’re looking for a simple, low-cost way to grow your money, index funds are a good choice. They are designed to follow the performance of major stock market indices like the Nifty 50 or Nifty 100. […]
Key personal finance trends shaping meaningful travel – CNBC TV18
1 / 7 Travellers prioritise meaningful experiences: Travellers are moving away from traditional luxury in favour of more purposeful travel. Tarun Gulati, Director of Himalayan Hotels, explained, “Guests are seeking personalised experiences over standard luxury. For instance, at Ganga Kinare, ONENESS, and VILEEN, we’ve seen travellers opt for curated experiences like yoga by the Ganges […]
From credit card growth to MF dominance: 10 personal finance trends that shaped 2024 – CNBC TV18
1 / 10 Secured loans take center stage: Retail lending grew by 16%, reaching ₹5.2 trillion in 2024. Secured loans, especially home and gold loans, fueled this growth. Home loans: Demand surged, with an 18% rise compared to 14% in 2023; Gold loans: This category saw a whopping 56% growth, marking the fastest pace among […]
Key changes, deadlines in September: Credit cards new rules, Aadhaar card free update and more – CNBC TV18
SUMMARY As September approaches, several key personal finance changes are on the horizon. From adjustments in LPG cylinder prices and new credit card rules to updates on Aadhaar cards, staying informed about these changes is crucial for managing your budget effectively. Source link
What to do if you receive defective ITR notice under Section 139(9) – CNBC TV18
Chartered accountants have reported an increase in defective ncome tax return (ITR) notices this year. This surge highlights the importance of understanding what constitutes a defective notice and how to properly address it. Taxpayers may receive a defective return notice under Section 139(9) of the Income Tax Act if their income tax return (ITR) is […]
Independence Day 2024: Essential tips from an expert to achieve financial freedom – CNBC TV18
Independence Day 2024 marks not only the freedom of a nation but also the pursuit of personal financial liberty. Just as a nation fights for its independence, individuals strive for financial freedom, which requires dedication, strategic planning, and prudent decision-making. Understanding Financial Freedom: Beyond Just Money Rajiv Gupta, President of PB Fintech Ltd (Policy Bazaar […]
Budget 2024: Tax clearance certificate must for residents leaving India – CNBC TV18
Starting October 1, residents of India will need a clearance certificate confirming compliance with the Black Money Act for leaving India. As per Section 230 of the Income-tax (I-T) Act, any individual residing in India must obtain a certificate from tax authorities before departure. The story will be updated with more details shortly Source link