Posts Tagged “All”

Five-year mutual fund returns fall below PPF’s, but all is not lost

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Five-year mutual fund returns fall below PPF’s, but all is not lost

The economic slowdown, which has been gathering pace since the start of 2018, has now come to bite mutual fund returns. Key equity mutual fund categories have delivered lower returns than the Public Provident Fund (PPF), a risk- and tax-free debt instrument, in the last five years, even as more and more people are now…

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Income-tax law does not consider all inherited assets as ancestral property

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Income-tax law does not consider all inherited assets as ancestral property

Not all properties that you inherit can be termed as ancestral property for tax purposes. Ancestral property is defined as one which a person inherits from any of three immediate male ancestors—father, grandfather and great grandfather. Properties inherited from any person apart from these three relations are not considered as ancestral properties, according to the Income-tax Act,…

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You are Pre-approved! Know All About Pre-approved Personal Loans

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You are Pre-approved! Know All About Pre-approved Personal Loans

Have you ever received a message or call from a bank offering you a pre-approved personal loan? Whilemost of us ignore such offers, theycanbe useful when you plan to renovate your house, get married, take a vacation or there is a medical emergency and are short on funds. The biggest advantage of pre-approved loan is…

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BT Insight: All you need to know about quant funds

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BT Insight: All you need to know about quant funds

DSP Mutual Fund has launched a new fund, DSP Quant, under which the stock selection will be done based on a predefined quantitative model with no human intervention. The new fund offer (NFO) is currently open and will close on June 3. This is not the first quant fund to have been launched in India….

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