From settling EMI moratorium dues to which loan to pay off first, here's how borrowers can be debt-free

The ET Wealth weekly newsletter covers personal finance topics ranging from stocks to property. Unsubscribe

WEALTH NEWSLETTER Tue, Sep 15, 2020 | 08:30 AM IST

WHAT'S HOT #RERA,#sukanya samriddhi yojana calculator,#alternative investment returns monitor,#realty hot spot series,#stock pick of the week,#mf portfolio doctor,#family finance

From settling EMI moratorium dues to which loan to pay off first, here's how borrowers can be debt-free The moratorium has left borrowers with a higher loan burden. Borrowing will be difficult in the Covid-hit world. Some banks have even tightened lending norms. Watching your credit score is more critical now. Find out how you can break free of this debt. Do you need professional help in filing ITR? Here's how much it will cost you Most taxpayers are not aware of the finer points of taxation. A professional can ensure you file an error-free return. Here are things to consider if you are planning on taking professional help to file your ITR and the likely costs of the same. Podcast: Why retail investors should just stay away from penny stocks The fact that so many retail investors are investing in penny stocks is worrying trend. This is something that Aditya Agarwala of Yes Securities also agrees. In this podcast, Agarwala talks about the risks associated with penny stocks and why retail investors should avoid them. Host: Tania Jaleel; Producer: Paramveer Singh Invest in stocks of a family-run company or one run by professionals? Here's what investors should do The main advantage of family-owned businesses is their long term vision. However, such businesses are not immune to failure. When selecting stocks, instead of viewing management structure in black and white, investors should take a holistic view. From our Partners What is making your medicines safe to consume Medicines, health supplements, medical devices, surgical equipment and diagnostic kits need specialised protection. From our Partners Support Sukhram to restart his small business Post Covid COVID-19 pandemic and the nationwide lockdown, his business dried up and he went broke. As the lockdown is being lifted, Sukhram wants to restart his business Don't take a home loan because interest rates are low; ask yourself these 8 questions first Don't take a home loan just because interest rates are low, especially in the Covid-induced uncertainty. Before you borrow and take on debt that can later go on to take the form of a debt trap, ask yourself these eight questions. Gold performs well in crisis times; should a long term investor switch to gold-heavy portfolio? Historically, gold has performed well in crisis times, when other forms of investments are avoided by investors. Does it make sense to replace your entire fixed-income portfolio and some part of equity funds for the next 2-3 years to gain from the potential rally in gold? Top Mutual Funds SCHEME NAME RATING 3 YRS(%) 1 YR(%) 6 M(%) 1 M(%) Axis Bluechip Fund Direct Plan-Growth ★★★★★ 9.70 7.48 5.97 1.86 Invest Now Canara Robeco Bluechip Equity Fund Direct-Growth ★★★★★ 8.89 15.20 14.36 1.84 Invest Now Axis Bluechip Fund-Growth ★★★★★ 8.29 6.18 5.27 1.78 Canara Robeco Bluechip Equity Fund Regular-Growth ★★★★★ 7.54 13.60 13.49 1.70 HDFC Index Sensex Fund-Growth ★★★★★ 6.95 3.93 14.02 2.31 The real task of investing is quite boring and simple; here's how to get over investing inertia The real task of investing is quite boring and simple. You want to create three buckets to put money into and draw as needed—liquidity, income and growth. Make the macro level decision of how much of your monthly savings will go into the three buckets. How and when the force majeure clause can protect financial contracts The force majeure clause includes the phrase 'act of god' to mean situations that are uncontrolled by human intervention and could not have been prevented. It guards against financial consequences if circumstances are beyond human control.

FEATURED SLIDESHOWS

Balance your money between investing and spending with this 5-point guide The process of nomination for different financial assets Use this 5-point checklist before you hire a financial planner 5 signs that your partner may be lying about finances More Slideshows

Financial Calculators Old or new tax slab regime? Use this calculator to find out 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. 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.

Mirae Asset Large Cap mutual fund review: Consistently good track record This large-cap mutual fund continues with modest active positions in individual bets - a familiar sight in the past few years. However, with a new fund manager at the helm, investors may want to keep a close watch for some time. Stock pick of the week: Indraprastha Gas is on the road to recovery In a bid to improve its infrastructure, IGL is planning to establish more than 80 new CNG stations in 2020-21 which would help it augment its volumes in the coming years. Improvement in its gross margin is another reason that has made the company a favourite of analysts. Why 'pattern recognition' in investing can be the biggest enemy of an equity investor After a few years of investing, whether in equities or in equity funds, all our brains are likely to be as clouded with false conclusions and misleading rules-of-thumb. The worst part is we all have 'evidence' that our investing rules work. Goal setting not meant for you? Here's how you can still be successful Is your New year goal of going to the gym did not work out? Or Did your career plan fall down to Covid-19? Maybe goal setting is not meant for you. How will you then be successful? Here is a look at the alternatives to the goal-setting approach. How to get your PAN reprinted Reprint is possible only if there is no change in details of the card. This facility can be availed by the PAN card holders, whose latest PAN application was processed through NSDL e-Gov or had obtained PAN using 'Instant e-PAN' facility on e-filling portal of the Income Tax department. How gold and silver performed for the week ending September 8, 2020 Interest in gold increased due to global growth worries. Further, as silver is more volatile compared to gold, global growth worries and other factors helped silver gain more. Realty hot spot series: Well-developed social, retail infra are plus points of this NCR locality This week ET Wealth realty hot spot series takes a look at NCR locality near Delhi - Noida Expressway. The area is surrounded by key office hubs and provide well developed social and retail infrastructure. Here is a brief look at what makes this area prime hot spot. Tax optimiser: Bose can cut tax by Rs 1.5 lakh via rent to mother, NPS Bose lives in his mother's house and pays a nominal rent to her. Though his HRA is Rs 3.16 lakh, he claims exemption for only Rs 1 lakh (Rs 8,300 per month) as he is not sure of the tax implications for his mother. Since she is a senior citizen with no other income, he can pay her up to Rs 4 lakh a year. What is insurance underwriting? Insurance underwriting determines whether it would be profitable for an insurance company to take a chance on providing insurance coverage to an individual or business. Family finance: Why aligning investment with goals and getting enough insurance are a must for Kumar After household expenses, insurance premium and investment, Kumar is left with a surplus of Rs 4,058. His goals include building an emergency corpus, saving for his child's education and wedding, and his retirement.

More Newsletters

ET Mutual Fund A weekly round-up of the top news and views

Markets Watch Round up of stock, currency, bond, money and real estate market

Daily Newsletter Special stories that round up the major developments of the day

View All

Follow Us on ET:

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © 2020 Times Internet Limited.

To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

To unsubscribe or edit your subscriptions please click here