How direct plan mutual funds can help you create greater wealth in the long term

THE ECONOMIC TIMES Tue, Nov 21, 2017 | 05:48 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#tax filing,#income tax,#critical illness,#taking a personal loan,#tax saving

How direct plan mutual funds can help you create greater wealth in the long term Even those who know that direct plans are cheaper than regular plans do not switch to the former as they are unaware how much a direct plan can increase their return. 9 things to think through to ensure your second career is a hit There are different reasons due to which you want to reset your career. Here's how you can make a success of your second career. Mutual fund advisers earning commission from AMCs may not give you the best advice The person who advises us on investments should work only for us and not keep an eye on the commissions from our investments. From our Partners 6 mistakes to avoid while calculating your retirement corpus Here are six common calculation mistakes that can take place while planning your retirement and how you can rectify these. From our Partners Demonetization Anniversary: Decoding the Effects of Indian Currency Notes Ban The Indian Prime Minister announced his plans of banning Rs 500 and Rs 1000 notes with several motives in mind and thus began India's struggle with demonetization. After Moody's upgrade, is it time to exit long-term debt funds? Rating agency Moody's upgrade of India's rating has pushed up bond prices. Find out if the good times will last or is it time to exit long-term debt funds. How much you save by co-sharing offices ET Wealth checks out different cities to calculate how much you save by opting for co-sharing workspaces for 3-5 seats and a space of 300 sq ft. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) Mirae Asset India Opportunities Fund Direct- Growth 2.43 13.62 35.97 16.00 Invesco India Growth Fund Direct-Growth 2.30 16.21 38.96 15.42 Mirae Asset India Opportunities Fund Regular- Growth 2.36 13.24 35.01 15.10 SBI Bluechip Direct Plan-Growth 1.78 10.49 28.30 14.27 Motilal Oswal MOSt Focused 25 Fund Direct-Growth 0.21 6.56 28.30 13.83 FeaturedDSP BlackRock MIP Direct Plan-Growth ★★★★★ 0.57 5.45 9.77 9.68 Start SIP Planning a second career? Consider these five points From managing professional relationship with your current employer to your personal commitments consider these five points before taking a leap. How equity markets have increased global wealth Widespread gains in equity markets have made the world a richer place. Here are some excerpts from the 2017 edition of the Global Wealth Report of Credit Suisse.

Financial Calculators Tax Impact Calculator This tax calculator will help you estimate your tax liability. Just input your personal income details and know how much you would be liable to pay. 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. More Calculators

Does inheriting wealth mean you don't need to save for your financial goals? Thomas is compromising his financial security by depending on a source of funds the timing or quantum of which he is unsure of. How to link Aadhaar to insurance policies Insurance companies are sending intimations to policyholders to link their Aadhaar numbers to their insurance policies by spelling out how to do this. Franklin India Opportunities Fund: Patchy long-term record with several years of underperformance Its long-term track record is patchy, with several years of underperformance since 2007, relative to peers in the same category. Understand how financial services work to make better decisions We often don't see the motivations of people we are dealing with. Without a mental model of how things work, one can't deal with problems that arise. Your idle money is one of the many reasons why India is poor Without equitable access to basics like food, healthcare and education, we are moving towards becoming a nation that is deferential to privilege. Earnings recovery is underway and it should become evident: Srinivas Rao Ravuri, HDFC Mutual Fund "Markets are not cheap from the short-term perspective, but one needs to keep a longer horizon when investing in equities." Stock pick of the week: Why analysts are bullish on Jyothy Labs The recent correction has brought down its valuation significantly and made Jyothy Labs one of the cheapest FMCG stock now. Family Finance: Mumbai-based Sawant should start early to achieve financial goals Akshay Sawant's goals include saving for emergencies, his own wedding, a house and a car, his future child's education and wedding, and retirement. Consistent performers are always rewarded by employers: Arvind Usretay, Willis Towers Watson India "Progressive employers have the practice of asking for 360-degree feedback in place," says Arvind Usretay Director, Rewards, Willis Towers Watson India. MF Portfolio Doctor: Why Patil should reduce the number of funds in his portfolio The Portfolio Doctor will assess the health of the mutual funds held by individuals, examine their suitability with regard to the goals of the investor. 5 things you must know about Portfolio Management Services It is a customised investment portfolio managed by professional money managers to suit the investment objective of the investor. Salary no bar for new age technology jobs Recruiters are approaching IIT BHU for the first time to hire talents to build teams for AI, machine learning and robotics. How startup Pet Fed has become a leading pet events company The startup seeks to be a forum for pet lovers, allowing them to meet all their pet-related needs—from pet food to pet-friendly cars and everything in between. Alternative investment returns monitor: For the week ending Nov 15, 2017 Here's a weekly tracker of returns from such investments. But don't compare these traditional investments as purpose of these is vastly different.

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