How to save Rs 10 crore for retirement without taking too much risk

THE ECONOMIC TIMES Tue, May 31, 2016 | 09:33 AM IST ET Wealth Newsletter

WHAT'S HOT #HealthInsurance,#TermInsurance

How to save Rs 10 crore for retirement without taking too much risk This is how much a 30-year-old, spending Rs 50,000 a month, will need to fund his retirement. Find out how to reach this figure in a hassle-free way. Looking for home loan? Here's how to choose your lender The quantum of loan you are likely to get will depend on the value of the property. Typically, it would be 80-85% of the property value. Six things about home loan tax incentives you didn't know Even if you get a discount on both, your tax bill can burn a hole unless you know the rules well. Here goes a list of six lesser known tax benefits. From our Partners 8 health insurance jargons explained The fine print of health insurance plans and the insurance jargon may cost you dearly. Here's an explanation of a few common terms used in health insurance policy for a better buying experience. From our Partners What do you do after a car accident? How mobile technology is changing the way you pay Cash and cards have made way for virtual payment tools that are fundamentally altering the payment transaction landscape in the country. Want to buy gold? Sovereign bonds may be best long term option According to an ET Wealth online survey, 48% people are planning to buy gold, but they are not so enthused about picking it up in the form of bonds 7 futuristic technologies that will be available sooner than you think Here are some of the futuristic tech that will be available for consumers sooner than you imagine. Do you know the real cost of smoking? Smoking burns a bigger hole in your finances than you can possibly imagine. A 30-year-old who smokesfive cigarettes a day would lose more than Rs 1 crore by the time he retires at 60. From our Partners How to meet out-of-pocket expenses with Daily Hospital Cash plans There could be out-of-pocket and incidental expenses during hospitalization which even a Mediclaim policy does not reimburse. A Daily Hospital Cash plan comes handy in tackling such medical costs. From our Partners All about critical illness plans and how to choose one Buying a health insurance plan may not be sufficient. Get a second level of protection through critical illness plan for self and family.

Financial Calculators Tax Impact Calculator This tax calculator will let you know how your tax liability changes post-Budget 2016. Just input your personal income details and know how much tax would now be payable. Home Loan Refinance Should you refinance your home loan? Use this calculator to find out if it is worthwhile to shift your home loan to another bank? Just enter the data and click next. It's that easy. More Calculators

Are these turnaround companies a good investment bet? Find out Among the 1,052 companies that have reported results for the full year ending March 2016, 100 were able to turnaround in 2015-16. South India likely to hire the maximum in 2016-17: Survey Consultants and job portals are the best avenues for sourcing employees, reveals a recent survey by Genius on hiring trends. How to modify nomination in your accounts, MF folios Nominations can be modified during the lifetime of the account holders any number of times. Despite NPA crisis there is still hope for PSU banks The NPA crisis is proving a nightmare for investors. But things are likely to improve. 2 years of Narendra Modi government: 10 steps that transformed lives of small investors As the government completes two years in office, we list 10 steps taken by the Centre that have made a difference to you as an investor. Stock market requires a disciplined approach to investing Investors interpret the equity market in different ways, but they must understand that outcomes cannot be predicted. Mid & small caps can offer attractive prospects: Janakiraman Rengaraju, Franklin Templeton, India "A good monsoon can certainly be a key enabler for the ongoing improvement in demand," says, Janakiraman Rengaraju Vice President & Portfolio Manager, Franklin Equity, Franklin Templeton Investments, India Middle-aged Indians best health planners: HDFC Life survey The Indian youth score the lowest when it comes to securing their health risks, according to the HDFC Life Health Planning Index. Family Finances: Solapur-based Gaikwads should redirect savings to equity to meet financial goals "I need advice on my portfolio and want suggestions on investing for all my financial goals." Amit Gaikwad Why should one equate SIPs with EMIs? SIPs in equity mutual funds will build wealth over the long-term and that is the tangible benefit of regular saving and investing. Stellar Q4 performance, expanding network make Gujarat Gas analysts' favourite The fall in gas prices and expanding distribution network will build margins and volumes respectively. Smart things to know about deferred expenditure When a business entity incurs an expense on an asset, it uses depreciation to allocate the cost to each year of business and is called deferred expenditure. Startup Shirsa Media Labs uses the power of the Net to gamify kids' learning This Mumbai-based edutech startup harnesses the power of the Net to gamify children's learning.

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Ten common mistakes that can fetch you a tax notice

THE ECONOMIC TIMES Fri, May 27, 2016 | 08:03 AM IST ET Investment Opportunities

Ten common mistakes that can fetch you a tax notice Some of these mistakes are merely calculation errors that will result in a tax demand. But some others are serious transgressions that can invite fines. Changing rules! Time to count out FMCG as a defensive sector Whenever there is volatility, our gurus have taught us to place our bets in the defensive space, which could either be in stocks or precious metals. Why you should not get tempted by Quality ETF Investors would do well to monitor the fund's performance in the coming years and take a call later. PM Modi, top ministers stay clear of stocks; keep assets in realty, banks Among various asset classes, real estate, the arch-enemy of equities, has emerged the hands down favourite among Modi and his ministers.

Advertorial Retireometer Take the Retireometer test to find out how prepared you are for Retirement. Advertorial Risk Tolerance Calculator This psychometric test will help you in narrowing down on your investment decisions.

Now, trade at lower premium with weekly Bank Nifty options As Bank Nifty is more volatile compared to Nifty, weekly options contracts will allow traders to trade intraday as well as with time horizon of two to three days. What happens on surrendering a Ulip Knowing the exit options even before you consider investing in Ulips should make you stick to them for the long term. Adani, Ambanis biggest losers in Modi's 2 years; Tata, Bharti, Birlas top gainers Just two days are left for PM Narendra Modi to complete second year in office, but 'Acche Din' for equity investors still looks far away. Do you understand benefits of NPS and tax-free bonds? Only a small segment of respondents did not know about PPF, while the remaining 30% said it didn't suit their needs.

Advertorial 8 health insurance jargons explained The fine print of health insurance plans and the insurance jargon may cost you dearly. Here's an explanation of a few common terms used in health insurance policy for a better buying experience. Advertorial What do you do after a car accident?

Here is how buying term insurance online helps in achieving goals Pure term plans may not have many frills. Still, one needs to keep in mind certain things while buying these online. Consumer discretionary stocks and financials top buys of mutual funds Recent IPOs in the midcap space like Equitas Holdings, Ujjivan Financial Services and Thyrocare Technologies also attracted fund managers' attention.

Initial Public Offer (IPOs) IPO Name Offer Price Band Open Date Close Date   United Polyfab Gujarat Ltd. 45.00 25-05-2016 30-05-2016 More >>

NFO (FMPs) Fund Name Category Type Open Close Min Inv   Reliance FHF XXX Series 20 Reg-D Debt: FMP Closed-end 20 May 2016 30 May 2016 5,000 Reliance FHF XXX Series 20 Reg-G Debt: FMP Closed-end 20 May 2016 30 May 2016 5,000 Reliance FHF XXX Series 20 Direct-D Debt: FMP Closed-end 20 May 2016 30 May 2016 5,000 Reliance FHF XXX Series 20 Direct-G Debt: FMP Closed-end 20 May 2016 30 May 2016 5,000 HDFC FMP 1127D May 2016 (1) Direct-G Debt: FMP Closed-end 23 May 2016 30 May 2016 5,000 More >>

Real Estate News

Lucknow tops list of 13 new smart cities "Cities that participated in the competition improved the quality of (their original) smart city plans by over 25% to become eligible for selection," Venkaiah Naidu said.

Developers reduce average apartment, villa sizes to keep ticket price in check This trend was more prominent in cities like Bengaluru, Mumbai and Pune, the employment hubs that house high volumes of the migrant workers.

Home buyers face steep rents, steeper EMIs and an indefinite wait for possession An average delay of 2-3 years is symptomatic of the deep malaise in the real estate industry in NCR today.

Office rentals rise on higher space demand across top markets In some of the key markets, this demand-supply gap, which existed over the last few years, isn't there any more because of faster take up of office space.

No risk for Supertech project buyers: Yamuna Expressway Industrial Development Authority CEO Arun Vir Singh Supertech chairman RK Arora said his company had contested the said order issued in October last and the matter is currently under review by the state government.

NFO - Non FMPs Fund Name Category Type Open Close Min Inv   UTI Capital Protection Oriented Scheme Sr VII-V (1281 D) Reg-G Hybrid: Debt-oriented Conservative Closed-end 13 May 2016 27 May 2016 5,000 UTI Capital Protection Oriented Scheme Sr VII-V (1281 D) Direct-D Hybrid: Debt-oriented Conservative Closed-end 13 May 2016 27 May 2016 5,000 UTI Capital Protection Oriented Scheme Sr VII-V (1281 D) Direct-G Hybrid: Debt-oriented Conservative Closed-end 13 May 2016 27 May 2016 5,000 UTI Capital Protection Oriented Scheme Sr VII-V (1281 D) Reg-D Hybrid: Debt-oriented Conservative Closed-end 13 May 2016 27 May 2016 5,000 Kotak Capital Protection Oriented Sr 4 Direct-D Hybrid: Debt-oriented Conservative Closed-end 16 May 2016 30 May 2016 5,000 More >>

Views and Recommendations

Buy Persistent Systems, target Rs 769: Gaurav Ratnaparki 26 May, 2016, 01:48 PM IST The stock has hit a high of Rs 733.70 and low of Rs 723.50 so far in trade. The stock is moving between its 20-day and 50-day moving averages. buy Buy BEL, target Rs 1190: Gaurav Ratnaparki 26 May, 2016, 01:47 PM IST The stock has hit a high of Rs 1,135 and low of Rs 1,113.95 so far in trade. buy Buy M&M, target Rs 1388: Gaurav Ratnaparki 26 May, 2016, 01:47 PM IST The stock has taken support from its 50-day moving average. It has just breached its 20-day moving average of Rs 1,323. buy Buy Motilal Oswal, target Rs 320: Kunal Saraogi 26 May, 2016, 01:46 PM IST Kunal Saraogi, CEO at Equityrush.com is positive on Motilal Oswal. The stock has advised investors to buy the stock with a target of Rs 320 and maintain a stop loss at Rs 311 in intraday trade. The stock has hit a high of Rs 317.65 and low of Rs 316 so far in trade. The stock has The stock has risen above its 200-day moving average of Rs 304.70 after breaching multiple moving averages in Rs 286-292 range. buy

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