How you can save enough to send your child to study in preferred foreign countries

THE ECONOMIC TIMES Tue, Aug 21, 2018 | 06:31 AM IST ET Wealth Newsletter

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#recurring deposit,#fixed deposit,#income tax,#tax filing,#critical illness

How you can save enough to send your child to study in preferred foreign countries The high cost of foreign education puts it beyond the reach of most Indians. What's the cost of studying in popular foreign countries? Higher education is an expensive affair, especially if you want to send your child to a foreign university. Here is a look at the costs to study in top 6 countries. 5 low-risk stocks that have delivered high returns Less volatile stocks have delivered superior returns compared to the more volatile ones. Here are five such stocks with the highest potential upside. How obscure startups revived Go-Jek A rigorous culture overhaul helped the Indonesian startup grow into a USD5 billion unicorn. This theory on financial decisions is under fire Loss aversion is a central idea in behavioural finance. Two academics have challenged it and kicked up a storm between hedge-fund managers and finance professionals. The dawn of EV charging stations in India No infrastructure. Low demand. Apathetic government. In the middle of this wilderness, a handful of companies are investing in building electric-vehicle charging stations in India. We bring you a ground report. From our Partners False income tax refund claims could attract these penalties The income tax department has recently claimed to have busted a racket of fraudulent claim of tax refunds by employees of well known companies. From our Partners FAQs About Recurring Deposits: Everything you need to know Unlike Fixed Deposit, you can deposit a fixed sum with your Bank or Post Office for a pre-defined term every month. SEBI proposes to link investor's net worth to equity exposure: 4 expert views ET Wealth reached out to experts to gather their views on SEBI's proposal of linking an individual investor's exposure to direct equity shares. Index mutual funds offer competitive returns at low cost: Here are the top performers Index funds have become attractive due to their lower cost and competitive returns. ET Wealth identifies the top performers across categories. Top Mutual Funds SCHEME NAME RATING 1 M(%) 6 M(%) 1 YR(%) 3 YRS(%) JM Core 11 Direct Plan-Growth 4.88 13.09 13.45 18.85 JM Core 11 Fund-Growth 4.81 12.63 12.53 17.24 Axis Bluechip Fund Direct Plan-Growth 1.93 17.99 24.60 14.62 ICICI Prudential Nifty Next 50 Index Direct-Growth 9.75 3.56 9.78 13.66 ICICI Prudential Bluechip Fund Institutional I-Growth 6.71 8.34 14.89 13.64 FeaturedPrincipal Tax Savings Fund Direct ★★★★★ 6.94 1.81 12.94 15.22 Start SIP 10 financial rules young earners should abide by It takes time to develop the right attitudes towards money, and this skill gets better only with the doing. 6 easy steps to secure your android smartphone Basic things from updating your phone and apps regularly to using passcodes must not be taken lightly in order to make your Android device secure.

Financial Calculators New LTCG tax calculator: Plan, compute your tax Use this tool to calculate long-term capital gains (LTCG) and the corresponding LTCG tax for listed shares and units of equity-oriented mutual funds. 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.

Are mutual funds' TER charges for investors too high? The broader sense is that fund houses are not entirely passing on the benefits of rapid growth in assets to investors over the past few years. Realty Hotspot Series: What makes this location a sought-after address in Gurgaon This sought-after Gurgaon address, i.e., Golf Course Road, is a high-end micro-market having proximity with key office hubs of Cyber City and Sohna Road. Why you must shift from bank deposits to mutual funds: View No matter what savers are hoping for, interest rates are going to stay low for years to come. 5 money lessons to learn from the Sacred Games The Sacred Games series is about power politics and crime. But it also offers lessons that can help people handle their money better. What was the highest increment in salary in FY 2017-18? Kolkata and Ahmedabad were the only two cities that saw a sub-10% growth in salaries in more than 10 sectors, according to a TeamLease survey. Household savings rate has dipped, personal loans are increasing: India Ratings & Research report According to a recent survey, Arth Samvaad, by India Ratings & Research there has been dip in household savings rate. How education loan can help your child study abroad and save tax Interest paid on an education loan can be claimed as a deduction under Section 80E with no upper limit. This helps reduce the effective cost of loan for you. Corporate bond, credit risk MFs are debt investors' best bet: Sunil Sharma, Sanctum Wealth Management "Risks related to a currency war remain and, therefore, we prefer a conservative approach, away from duration," says Sanctum Wealth's Sharma. Is there any benefit in having several bank accounts? Ongoing SIPs, EMI payments and utility payments linked to different bank accounts prevents most people from closing them. Reliance Tax Saver Fund: Suffers from high volatility Overweight in automobiles, engineering and metals, Reliance Tax Saver is tilted towards mid and smallcaps and has increased concentration in its top bets. How to open demat account in the name of a minor Demat accounts can be opened in the name of a minor child only by the natural guardian or parents or the court-appointed guardians. Tax Optimizer: NPS, home loan, tax-free perks can help Agrawal cut tax by over Rs 75,000 Taking a home loan, getting tax-free perks and investing in NPS for retirement are some income and investments rejigs to optimize your tax outgo. Family Finance: High savings to help salaried Dalals meet goals Build an emergency corpus for your financial goals well in advance. Invest in balanced funds for down payments and EMIs can be funded from your salary. What are bank guarantees? A guarantee kicks in if services or goods are not provided to the buyer by the seller as per the specifications mentioned in the contract. Stock pick of the week: Why KNR Constructions is favoured by analysts Better than expected Q1 performance, visibility in new orders, strong operational metrics and recent price correction have favoured KNR Constructions. MF Portfolio Doctor: How small increases in SIPs can help Choudhury reach goals easily To reach your investment goals easily, small increases in SIPs and FDs go a long way. Increase EMIs and monthly investments to reduce loan tenure. Alternative investment returns monitor: For the week ending August 15, 2018 Here's a weekly tracker of returns from alternative investments like gold, wine but don't compare these with returns from traditional investments.

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