Author: TI Editor
Mint analysed India’s top 15 fund houses in terms of assets under management (AUM) to see which of their equity funds had higher share of regular plans and which had higher share of direct plans. Data revealed that many funds launched in the past four to five years lean heavily on regular plans for their AUM, especially thematic and sectoral funds, as these account for most of the new launches in recent years. On the other hand, direct-plan investors have a preference for passive funds. Regular plans“India’s mutual fund industry is still at the stage where it is in B2B…
With the January to March quarter having remained mostly dull so far and unlikely to spring up any pleasant surprises going ahead, film exhibitors and trade experts are now pinning hopes on the summer to do the trick for the movie business. The cumulative box office for the first three months of 2024 stood at ₹2,590 crore, and cinema owners are expecting similar, or 5-10% higher figures, this year, given that this is traditionally a time of school and college examinations and cold weather in most of the country. Also Read | Reel revolution: How micro-dramas are redefining entertainment This…
In India, taxpayers can choose between the old and new income tax regimes, each offering distinct benefits. However, this choice isn’t permanent and can be revisited annually. Whether you are a salaried employee or running a business, understanding how often you can switch between tax regimes is crucial for maximising your tax savings. In the Union Budget 2023, the new tax regime was made the default regime.“Taxpayers with business or professional income, including Individuals, HUFs, AOPs (excluding cooperative societies), BOIs, or Artificial Juridical Persons, cannot switch between tax regimes every year. If they opt out of the new tax regime,…
NEW DELHI : A couple, in their 60s, bought a family floater health insurance policy from a private insurer in 2018. They never had to use it. Still, their premium surged 20% to ₹49,874 in February 2024. It was ₹41,813 in February 2023. They were shocked to see the further rise in their premium in February 2025. The insurer hiked it by 40% to ₹69,048. To be sure, an Insurance Regulatory and Development Authority (Irdai) circular released in January capped insurers’ annual premium hikes at 10% for senior citizens aged 60 years and above. “The insurers shall not revise the…
You must understand how marriage affects your credit score so you are aware, in control and are always the head of your money life. Therefore, to put it simply, your marriage does not have any impact on your credit score because your marriage status is not kept by credit bureaus such as CRIF High Mark, CIBIL, Equifax, or Experian. Still, your shared money issues that you face with your spouse can break or make your credit health.Individual credit reportsBoth of you will maintain individual credit histories even after marriage. Couples do not share a joint credit report. Your spouse’s credit…
AI was the focus of last year’s Mobile World Congress in Barcelona and will likely dominate again this year. This year is when AI agents will become the next big thing for artificial intelligence, according to Nvidia CEO Jensen Huang. It’s a theory that will be tested at Mobile World Congress (MWC), the world’s largest mobile and communications trade show, which is back in Barcelona from Monday. MWC is the showcase event for new smartphones but has gradually become a broader technology show and AI has been the focus for the last two years. That won’t be any different this…
I have worked outside India for 12 years but I will be relocating back to India in April for a better employment opportunity at an MNC. I have one residential property in India from 2010 which I will sell and instead purchase a bigger one after I return. Approximately how much tax will be there on the sale so that I can plan out the budget for new property? – Name withheld on requestSince you will be permanently returning to India in April, your stay in the country during the financial year 2025-26 will exceed 182 days. As a result, you…
With a plethora of phones launching every month, it is hard to find the devices that may be a right fit for you. In order to help you choose the right device, we have compiled a list of top 5G phones you can pick when looking for a device under ₹10,000 with brands ranging from Samsung, Motorola, Infinix and Vivo.Top 5G phones under ₹10,000 in March 2025:1) Infinix Hot 50 5G: Infinix Hot 50 5G features a 6.7-inch HD+ LCD display with a resolution of 1600 x 720 pixels and a 120Hz refresh rate. It is powered by the MediaTek Dimensity…
Personal loan: If you are planning to raise a personal loan, it is vital to note that it usually has a fixed interest rate, which means the monthly instalment at which you start paying at the start of the loan will continue till the end of the loan.However, there are three variables on which your loan EMI is dependent. These three variables are on which your EMI depends are following:A. Rate of interest: This is the interest which the bank is charging on loan. Higher the rate of interest, larger the monthly instalment.B. Tenure of loan: This is the total period for…
Kenneth Andrade, the ace investor known for his high-conviction calls, looks for businesses early into a business cycle as part of his investment philosophy. The chief investment officer of Old Bridge Capital Asset Management observed that India’s market capitalisation to GDP ratio is 130%, which still indicates overvaluation. However, he still sees pockets of opportunity in the market. Andrade shared his market outlook recently during a presentation on his fund’s position and where he sees investment opportunities. Outlook on pharmaAndrade’s portfolio heavily bets on the pharmaceutical industry. He says that his fund’s portfolio has 17% exposure to pharma sector. Andrade…