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Tuesday, August 23, 2016

Best mutual funds for all your different financial goals

THE ECONOMIC TIMES
Tue, Aug 23, 2016 | 08:00 AM IST

ET Wealth Newsletter

WHAT'S HOT #HowtofileTaxReturns, #HealthInsurance, #TermInsurance
Best mutual funds for all your different financial goals
Mutual funds offer everything that an investor seeks: low charges, flexibility of investment, lower taxes, transparency of investments and tight regulation.
Mutual funds that retirees seeking regular income should opt for
Retirees looking for regular income should opt for these funds which invest a small portion of their corpus in equities and the rest in the safety of debt.
GST is an indirect tax that brings together most of the taxes that are imposed on all goods and services (except a few) under a single banner.
Here are the best 5 mutual funds for tax saving
They are the best tax savers because of their transparency, high liquidity, low charges and potential for high returns.
From our Partners
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From our Partners
Can you invest like a marathoner?
Olympic Games typically end with the marathon run. It is considered to be a very important event that tests the resolve of the athletes.
Here's why mutual funds are better than stocks
Only about 4.5% of the total market capitalisation in India is held through equity funds, whereas direct holding by individuals is nearly 22% of the market capitalisation.
What are your chances of picking a multibagger stock? Find out
While you can strike it rich in the mid-cap space, the odds are stacked against you.
The best way to manage money in your old age
If we cling to a past that has outlived its utility or expect others to take care of us in our twilight years, we are just setting the stage for unhappiness and discontent.
What is the actual post-tax return on different investments? Find out
The actual annualised returns of financial instruments vary from the quoted rates due to different methods of calculations involved and taxation rules.
From our Partners
Do you want to own a Multi-cap football team?
A multi-cap mutual fund scheme or a diversified equity mutual fund scheme typically invests in stocks across market capitalizations, sectors and styles of investment.
From our Partners
Play the balancing act of gymnastics in your investments!
Gymnastics is a great combination of strength, balance, flexibility and grace.

Financial Calculators

Tax Impact Calculator
Tax Impact Calculator
This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable.
Home Loan Refinance
Home Loan Refinance
Should you refinance your home loan?
Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy.
India Inc net profit set to show decline in first quarter of FY16-17 Y-o-Y

The results dash hopes raised by January-March numbers, but everything is not lost yet.

Startup Couponhaat helps you get the best deals across e-commerce platforms

This NCR-based startup helps you score the best deals across e-commerce companies.

ICICI Prudential Select Large Cap Fund: Focused outperformer

Those comfortable with a focused strategy in the large-cap space may consider this fund, others may prefer its sister fund ICICI Pru Focused Bluechip which has a more diversified approach.

Growth in net profit, reasonable valuations make Jyothy Labs analysts' top pick

The firm saw a 10% volume growth in a difficult environment and should be able to sustain it.

7 gadgets to help you track your health

You can use technology to plan and achieve your fitness goals as well as keep track of your health. ET Wealth shows you how.

Why investing in debt instruments won't help meet long-term goals

Investing in debt instruments at the cost of equity won't help meet long-term goals.

Family Finances: Iyers need to prepay loans, stagger investments to achieve financial goals

"I want to know how to repay my loans at the earliest and amass funds for my financial goals." — Sivakumar Iyer.

What is the right time to enter the equity market? Find out

Surbhi has just got a year-end bonus of Rs 2 lakh. She wants to invest the money. Is there a correction waiting around the corner she can take advantage of?

How to track, manage investments in mutual funds via Common Account Number

Investors can now track and manage investments in multiple mutual funds through the Mutual Fund Utilities (MFU), a shared service platform of asset management companies.

Smart things to know about Liberalised Remittance Scheme

LRS is a window provided by the government of India to remit money across the border, without seeking specific approval.

52% employees feel financial problems impacting their efficiency: Survey

Almost every second employee in India is concerned about his or her current financial status, a survey by Willis Towers Watson has found.

​ Alternative investment returns monitor: For week ending August 17, 2016

The scope and attractiveness of alternative investments is increasing. Here's a weekly tracker of returns from such investments.

Banks will now be penalised for mis-selling insurance

Irdai to hold banks accountable for investment advice they provide as complaints about mis-selling rise.

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Monday, August 22, 2016

News Digest: IAS officers collect fund to help ex-coal secy pay legal fees

THE TIMES OF INDIA
Tuesday, August 23, 2016
Today's Headlines

IAS officers collect fund to help ex-coal secy pay legal fees

Ulfa demands Rs 1 cr for BJP leader's abducted son

Treason charge on Baloch 'rebels' who thanked Modi

More India News»

Myntra plans offline stores for pvt brands

Tata's $300m venture fund plans to invest in startups

Port mobile connections to Rel Jio, RIL tells staff

More Business News»

Edible milk-based wrapping to cut plastic waste
US scientists are developing an environment-friendly edible packaging film made of milk proteins that may help prevent food spoilage and reduce plastic waste.

Elephant electrocuted in Megamalai Wildlife Sanctuary
A ten-year-old female elephant was electrocuted in the Megamalai Wildlife Sanctuary in Tamil Nadu after it came into contact with a low hanging overhead electric line.

Washington Zoo hosts birthday bash for panda cub
The youngest giant panda cub at the National Zoo in Washington is celebrating his first birthday with a traditional Chinese ceremony and the sweet taste of honey.

More Environment News»

Trump's flip-flop keeps illegal immigrants on tenterhooks
Some 11 million undocumented immigrants and illegal aliens briefly let their hopes soar after signs that Republican presidential candidate Donald Trump is open to accommodating them in America, going back on his pledge to deport them en masse and build a wall across the U.S-Mexico border.

Sarkozy announces new bid for French presidency
Former French leader Nicolas Sarkozy announced today he will seek the nomination of his centre-right party to stand in next year's presidential election.

Trump demands closure of Clinton Foundation
Donald Trump on Monday demanded that Hillary Clinton shut down the charitable foundation run by her husband, former US president Bill Clinton, branding it a "corrupt enterprise."

More World News»

Rani keeps Adira away from the shutterbugs
Rani’s daughter hogged all the limelight as people couldn't stop adoring her. The little one was dressed in red with a cute hat.

Rohit Shetty rubbishes rumours of fall-out with Shah Rukh Khan
Director Rohit Shetty has been surrounded with rumours of a fall-out with actor Shah Rukh Khan after their film ‘Dilwale’ didn’t fare well at the box office.

Most popular Indian-origin actors in Hollywood
Check out the most popular Indian-origin names in Hollywood who are making India proud.

More Entertainment News»

People fall in love at fourth sight: Study
Lovers need to meet at least four times before cupid strikes their hearts, according to a new study which suggests that love at first sight may be a myth. Researchers from Hamilton College in the US gave pictures of people's faces to a group of young men and women.

NASA plans to hand over ISS to commercial firm
NASA is planning to hand over the control of the International Space Station (ISS) to a commercial company around the mid 2020s, the US space agency has said.

Edible milk-based wrapping to cut plastic waste
US scientists are developing an environment-friendly edible packaging film made of milk proteins that may help prevent food spoilage and reduce plastic waste.

More Science News»

Jaisha had refused to avail personalised drinks during marathon: AFI
Refuting marathon runner OP Jaisha's claim of official apathy, Athletics Federation of India issued a statement saying that it was the athlete and her coach who refused to avail the option of having energy drinks during the race at the Rio Olympics.

Sindhu credits sacrifices, god's will for Olympic silver
"I never expected this kind of reception (on their arrival here from Rio). People right from children came and congratulated me. I am very thankful and happy. First thing is god's grace which is very important," Olympic Silver medalist PV Sindhu said.

India lose top Test spot to Pakistan after Windies draw
India won the four-Test series against West Indies 2-0 -- the first time the Indian team won two Tests on a Caribbean tour. India had won the first Test by an innings and 92 runs, drew the second Test and won the third Test by 237 runs.

More Sports News»

Gionee S6s first impressions: For better selfies
The S6s will likely give tough competition to the recently launched Oppo F1s, which is also a selfie-centric smartphone. We spent some time with the Gionee S6s and here are our first impressions.

Titan Juxt Pro review: There's always room for improvement
Ever since the technology brands started flooding the market with their smartwatches, Titan had to look beyond ‘great looking’ analogue watches.

8 'best-selling' smartphone brands in India
After two consecutive quarters of negative growth, the smartphone market in India finally saw growth last quarter.

More Technology News»

52% IIT-crackers relied on self-study, 75% from cities

To fill IIT faculty gaps, PhD entry for BTechs
In the IIT council meeting next week, HRD ministry will propose a new research scholar scheme that proposes to identify 1,000 bright BTech students from premier engineering colleges who can be admitted straight into PhD programmes.

2000 students drop out of IITs, IIMs in 2 years
About 2,000 students dropped out of IITs and IIMs in the last two years, data from the institutes show. Academic attrition is the highest at IIT-Delhi with 699 students dropping out between 2014 and 2016.

More Education News»

Theft at Salman's sister Arpita's home; cash, goods worth Rs 3.25 lakh stolen
Cash and valuables worth Rs 3.25 lakh were stolen from actor Salman Khan's sister Arpita Khan-Sharma's apartment in Pacific Heights in Bandra (W), the police said on Monday.

A 1st: Reserved forest status for mangroves
Mumbai: Maharashtra has officially notified 15,087.6 hectares of mangrove land across the state as reserved forest, the first state to do so.

Deposit 8cr for stay on alimony: HC to ex-royal
HC asks Punjab royal to deposit Rs 8 cr in litigation over alimony

More Mumbai News»

Metro work puts Sarojini traders in a spot

We have been living for this day, say parents

Accused posed as informers to extract info

More Delhi News»

What happened next is scary for every apartment dweller
Two men have been arrested in a brazen rape attempt at an upscale, high-security apartment complex in HSR Layout. A 38-year-old woman was attacked by a man who gained entry through the window of her first-floor apartment.

Class 8 students to get free bicycles
After much delay, the state government finally issued orders for procurement of bicycles to be distributed freely to 5.7 lakh class eight students of government and aided schools across Karnataka.

Train delay next week
Train No.56513 Karaikal - Krantivira Sangolli Rayanna (Bengaluru) Station Passenger will be regulated at Attur for 80 minutes and will be delayed by 70 minutes to Omalur on August 24 (Wednesday).

More Bangalore News»

Op Nayeem: A top secret mission to counter the enemy within
Two weeks after renegade Maoist Nayeemuddin was gunned down, crucial details have emerged about how the operation to eliminate him was kept top secret for weeks.

Sri Lanka President made to wait as driver fails to turn up in time
Senior officials of the Tirumala Tirupati Devasthanams on Sunday faced embarrassment as the visiting Sri Lanka President Maithripala Sirisena was forced to wait in his car after the 'darshan' as the driver did not turn up in time.

Officer crunch: Additional SPs may head district HQs
Telangana's plan to re-jig districts and create 17 new ones leaves the government staring at, apart from other issues, a severe senior officers' crunch in the the police department.

More Hyderabad News»

TN needs alternate tax sources: FM
Time has come for the government to crank open other viable alternative revenue streams to compensate loss of liquor revenue due to closure of retail shops.

Stalin says Karuna allowed Jaya to speak
M K Stalin recalled that when the DMK patriarch was CM, Jayalalithaa was the opposition leader.

State moves SC for Cauvery water
The Tamil Nadu government on Monday moved the Supreme Court seeking a direction to Karnataka to release 25tmcft (thousand million cubic feet) of Cauvery water within the next ten days.

More Chennai News»

Hardik Patel files habeas corpus petition in Raj HC for himself

Ahmedabad Police issues advisory on how to deal with juveniles

Patidar Anamat Andolan Samiti to send bangles and lollipops to 45 MLAs as a mark of protest

More Ahmedabad News»

HC rejects Raman's objections to PIL

Flood situation worsens in Allahabad

RSS volunteers pitch in to help flood affected families in Allahabad

More Allahabad News»

Woman lynched, mob ransacks police stn

Politicians, media blamed for 'suicides'
The media and some political leaders are being blamed for the death of Paralakhemundi palace manager and her siblings by their kin.

'King' wanted to donate palace to govt
'King' Gopinath Gajapati Narayan Deo had once wanted to donate a portion of his palace to the state government for promotion of heritage tourism.His idea was strongly opposed by some of his close family members.

More Bhubaneswar News»

Crocodile strays into Islamnagar farmhouse, captured
A 12-feet-long crocodile was captured from a farmhouse near Islamnagar on Monday morning. BMC animal rescue team in-charge Anil Sharma said they got a call from Sukhi Sewania police station late on Sunday night informing a massive crocodile entered village and help was needed to trap the scaly carnivore. Soon help of snake charmer Shahid Ali was taken to trap the reptile. The crocodile was later sent to Van Vihar.

IAF airlifts many from Rewa, Satna hinterland
Due to heavy rains, huge amount of water entered the residential areas, affecting more than 30000 families in the two districts.

Sleepless nights for 1L marooned people
The danger level has been marked at 145 metres after new Chambal bridge became operational on June 30 this year.Bridge was constructed keeping in view of the maximum level in Chambal river in past 100 years.

More Bhopal News»

Punjabi money lender killed in Philippines
A Punjabi moneylender living in Santiago city of Philippines was shot dead on Monday just a couple of months before he was to get married.

Injury while leaning out of train not self-inflicted: HC

Give control of joint capital to guvs by rotation: Khattar

More Chandigarh News»

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