Wednesday, February 22, 2017

ASK

Can I nominate my two minor children for my life insurance policy?

If your children are still minors and you didn’t name an appointee, the claim proceeds will go to your legal heirs

ASK

Which schemes do you recommend to invest Rs 1,000 a month in equity-based SIPs?

You should look at investing in a diversified equity fund which has a long-term performance history to go by

ASK

Which is better – equity or debt fund to invest?

There is a role played by both the asset classes – equity and debt

ASK

What are the tax implications on a property investment for an NRI?

If you decide to let this property out, the rental income from it will be subject to income tax

ASK

Are monthly income plans from mutual funds a good option?

By regulation, dividends from mutual funds are not guaranteed in terms of how much they will pay out every month

ASK

Is KYC required for a joint holder for investing in Mutual Funds?

Joint holding has to be specified at the time of investment

ASK

Can you transfer shares from your demat account to another person's account?

It can be transferred to another person’s demat account within the same depository participant

ASK

Is it good to invest in a mutual fund with lower NAV than those with a high NAV?

The net asset value (NAV) of a mutual fund scheme is a per unit value of its net assets

ASK

It’s important to plan your child’s future in advance. Here’s how you can make the right investment...

ASK

How to invest in liquid funds?

Annual return from liquid funds are far superior than short term returns and reinvestment into dividends of the...