Small investor, big goals

33-year-old Prashant's surplus of Rs 10,000 a month is not going to be enough to meet his long-term goals. But investing well despite this can help

Consider Surrendering your LIC Jeevan Anand Policy

LIC Jeevan Anand isn't a policy worth investing in. Find out when and how you should surrender this plan if you have invested in it

Surrender LIC Jeevan Saral Policies

LIC Jeevan Saral is expensive endowment plan that isn't beneficial as insurance, nor as an investment

Say no to endowment policies and ULIPs

This article will tell you why you should avoid ULIPs & endowment policies and what should you opt for instead

Do not mix insurance and investment

The mindset of getting 'something' on maturity is driving many to costly plans that offer very little insurance and only modest returns

Which is better: ELSS or ULIP?

While ULIPs and ELSS are both tax-saving options, only one of them makes sense as an investment

Managing children's education

Praveen, a software professional, has twins and is concerned about their primary and higher education. Here is a complete financial plan for him

Should I buy Max Life Monthly Income Advantage Plan?

Money back policies are highly expensive, they mostly don't offer adequate insurance cover and they don't offer good returns

7 mistakes of your financial life

Here are a few common financial mistakes that you should avoid

Financial planning amidst the crash

Here is a financial plan for 51-year-old Santosh whose equity investments fell in value from Rs 58 lakh to Rs 45 lakh

Should I stay invested in HDFC Click2Invest?

Even low cost ULIPs deduct mortality charges before investing your premium

What will happen if I make my policy paid-up?

You will make losses if you surrender the policy, as the guaranteed surrender value will be equal to 30% of the total amount of premiums paid minus first-year premium

Choosing between the old and new tax slabs

Here is a plan to help 33-year-old Manish make the right choice between the old and new income tax slabs

The pursuit of retirement

After investing for his various goals, Himanshu is left with little surplus to invest for his retirement. Here is what he can do

The best term insurance plans

Here are some important points to keep in mind while choosing an insurance policy

Pay less tax with your investments

There are a wide range of investments that allow you to reduce your tax liability

A portfolio makeover

Rajat must completely rethink his selection of funds to meet his financial goals

Free-look period in an insurance policy

Free-look gives you a second chance to review your policy and return it if you feel you misunderstood or were mis-sold the plan

What is a Unit Linked Insurance Plan (ULIP)

ULIPs are hybrid products that combine investment and insurance. Learn more about their features here

Can I claim a tax deduction on premiums for my son?

A tax payer can claim a tax deduction on premiums paid for a life insurance cover for himself, spouse and children

Your tax-saving action plan

With the deadline for tax-saving investments extended, here's all you need to know as you plan your taxes

Hierarchy of investment needs

Use this framework to prioritise your investment needs, and then fulfil them level by level

How to really buy life insurance

Consider these five factors when buying life insurance

Too much fixed income, too little equity

Sanjay is heavily invested in fixed income. He must move to equity to accumulate a sufficient corpus for his retirement

Single or regular premium term plan?

You can buy term insurance with a single lump sum premium or pay premiums over a period of years. Find out which is better

Want to save tax? Go with term insurance

Your term insurance premium and the additional riders you opt for can help you save on your tax outgo

Investing on a salary of 35k

Sumit is a 24 year-old with a salary of Rs 35,000 and no major responsibilities. He needs to optimise his portfolio

Exit strategy for insurance products

Want to exit a ULIP or a traditional insurance product? Here is how you do it

A forgotten goal can derail your finances

Mukesh needs to account for his son's education and wedding in his financial plan

Pay your monthly hafta

There's one hafta that's as important as your monthly SIP. Ignore it at your peril