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About 7 results for "malhar majumder"

Roll over FMPs only if you don't need cash

Akhil Mittal, senior fund manager of Tata Asset Management says that investors whose investments in fixed maturity plans (FMPs) are nearing maturity are shifting to other products, especially hybrid or balanced funds, instead of rolling over the ... Business Standard India, 2 days ago

1 images for "malhar majumder"

Outlook, 5 months ago
Rediff.com

40 Years Ago...And now: Are people saving wisely?

The curious thing is that savings instruments have not really kept pace with changing needs, although people have access to a wider variety than before. Mumbai resident Girish Gokhale's father would often say his two sons were his savings for the post-retirement days. To that end, the senior Gokhale, a government servant, spent his life's savings on his sons' education.  He certainly needed to rely on his children. His monthly pension was a princely Rs 6,000, hardly enough to make even the ...
 Rediff.com2 days ago

40 Years Ago...And now: From sons to self-reliance

Mumbai resident Girish Gokhale's father would often say his two sons were his savings for the post-retirement days. To that end, the senior Gokhale, a government servant, spent his life's savings on his sons' education. He certainly needed to rely ...
 Business Standard India2 days ago
Rediff.com

Is it right to phase out insurance plans?

Those in the lower age brackets could do away with traditional plans and hold Ulips. Or, convert all investment plans into a paid-up one. Come tax-saving season and Nagpur resident Bhawartha Darwatkar, 32, was most likely to buy an insurance-cum-investment plan. Between 2007 and 2013, he accumulated two unit-linked insurance policies (Ulips) and a money-back plan. He reasons: “These policies were purchased without any goal in mind. I was single then and had some good surplus to park.
 Rediff.com1 month ago Looking to phase out insurance plans?  Sify1 month ago
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Use higher 80C limit to take more equity exposure

While individual taxpayers cheered the Budget news of an increase in the limit under Section 80C, marketing professional Girish Kumar wasn't every very excited. Reason: He doesn't know how to use the new limit to his advantage. In effect, the Rs 50,000 rise ...
 Sify2 months ago
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