Close-ended equity funds, launched with fanfare three years ago, have disappointed investors with their dull returns. The data from Value Research shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent. In comparison, the Sensex Total Return Index (TRI) has rallied 46 per cent over the past one year.

Do you save more money if you use bank portals for online shopping?

The tax filing season is here, and mutual funds have launched tax-saving products.

Don't let knotty financial issues weaken your marital bond. Heavy liabilities of one partner have the potential to sour a new relationship. So, develop a plan for how you will deal with these.

Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.

Staying healthy can reduce your next premium. Through wellness programmes, policyholders can get discounts ranging from 8 per cent to 30 per cent.

'A subscriber will know exactly how much of his money is in debt and how much in equity.'

You will be much better off buying the required plans directly from life and general insurers, experts tell Chirag Madia

The good news is investors can make 5 to 6 switches during a year among funds depending on the insurance companies without incurring any costs.