Hi All, I have 16 years LIC Bima Gold and New Bima Gold policy. I am continuing the policies for 6 years. But till now I didn’t receive any information regarding Loyalty Addition. I heard that Loyalty Addition is different from Bonus and is declared only at the time of maturity and it may be […]

Husband and wife have a joint savings account, with husband as the first account holder. The wife receives a gift cheque from her married daughter. She deposits this cheque in the joint savings account and thereafter opens a Fixed deposit for the same amount with herself as first account holder and husband as the second holder. This FD […]

Hello All, Asset allocation is very much imp i have ever heard for good planning. If so, is it good to invest in one multi Asset fund rather than investing with different asset as well as diff cap funds? How it can be compare with cost wise? I am reffering here Qauntum Multi Asset Fund […]

I had some holdings of SBI Dynamic Bond fund Direct Plan – Dividend. I had chosen Dividend option instead of Growth option since Tax will deducted as DDT and I don’t have to worry about. But, since this year’s budget doubled the DDT on debt funds, I thought I will switch to Growth option (though […]

http://www.latimes.com/la-diverse-story1,0,7344245.story want to share this article with u folks! it will clear out lot of confusion while creating your financial plan, especially for the guys who are new to Personal Finance like me.

Hi Manish, Myself, Akila. We have come across so much of your articles in JagoInvestor. would like to have your thoughts on the below – Suppose we take a loan for our apt which is under construction and would take atleast 2 yrs to complete. We know that the pre-EMI which we are paying cannot […]

Manish’s second book “How to be your Own Financial Planner in 10 steps: Master Your Financial LIfe” is an awesome step-by-step guide to take control of your financial life. Manish has a very engaging style and pulls the reader along with him. This is an action book! Meaning you don’t wait until you finish the […]

Hi  I want to know the debt mutual funds return… can we show that kind of investment for tax deduction and income also tax free….  And if any one of you could share the returns of the debt MF?   Thanks Kiruba

I wish to know that which is the highest interest fetching tax saver bank FD? which bank issues it?

My wife is going to receive Rs. 3 lakh as nominee from the Senior Citizen Saving Scheme account of my father in law after his death. I want to know the income tax implications to my wife. secondly if she transfers the amount to my mother in law’s account then what is the tax implications […]