The different categories of assets classes have varying degrees of risks, while the level of risk appetite or risk tolerance of an individual depends on several factors. Some of the important factors that determine the risk-taking ability of an individual are the level of income, age of the investor, expectations of returns and the financial needs and liabilities.

Most of the investors are very well conversant with Systematic Investment Plan (SIP), but not many investors are aware of the Systematic Transfer Plan (STP) and Systematic Withdrawal Plan (SWP) of mutual funds. Let us understand what these plans are how investors can benefit from them.

All commercial banks levy a plethora of charges for providing various kinds of services to the customers. However, the customers may not even be aware of these charges unless they check up their bank accounts regularly.

Home loan is a big financial liability for a home buyer, not only because the amount involved runs into millions, if not crores, of rupees, but also because the tenure of the home loan runs into a decade or more.

Retired persons drawing monthly pension after retirement can claim various deductions and exemptions under various sections of the Income Tax Act. Let us take a look at all the exemptions and deductions available for the retirees that can help them save on their income tax.

Home loan borrowers are at a loss when it comes to deciding which one to choose between the two. Most find that the fixed rate home loans come at interest rates that are usually higher than the floating rate, so they might be instinctively tempted to go for home loans with floating rate of interest.

You have filed your income tax return (ITR) before the due date but later you find that you have omitted certain deductions for which you were eligible or have claimed wrong deductions or have committed certain errors in the ITR and, therefore, you are wondering whether you would get notice from the IT department.

If you are planning to start your own business, you need to be aware of some pitfalls that can come your way when you commence your journey. If you negotiate your way deftly through these pitfalls, you are likely to succeed in your new venture; however, if you fail to steer clear of these pitfalls, then your start-up could be heading for the rocks.

Just as you evaluate the performance of the portfolio of stocks, so also you should evaluate the performance of the mutual fund schemes in your mutual fund portfolio. There are time-tested methods to evaluate the performance of mutual fund schemes, so let us understand these methods and how to utilise them to evaluate the performance of MF schemes.

Banks may block the ATM card, deactivate internet banking and phone banking facilities and other services for an inactive or inoperative bank account. However, banks will credit interest on the balance amount in the inactive or inoperative bank account regularly.