Equity-focused schemes may perform better in a bull market, while debt-oriented ones may offer greater stability during volatile periods.

'For those seeking regular income, these funds provide a steady stream of income through dividends.'

'It's advisable not to go overboard on a banking sector fund or any other sector fund.'

'By investing in a basket of funds, FoFs can help minimise the impact of underperforming funds, thus reducing overall investment risk.'

To minimise risk, invest in a debt fund whose duration matches your investment timeframe.

'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'

Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.

Investors with a long-term horizon and high-risk appetite seeking capital appreciation can consider investing in ELSS.

'The move to remove indexation benefits on LTCGs presently available for property, gold, and other unlisted assets may have a negative impact as it directly impacts real estate investors.'

Investors keen on mid and smallcap stocks but wary of volatility should consider multicap equity schemes over standalone midcap or smallcap schemes.

MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.

'Lack of self-control over spending leads to a credit card debt trap.' 'People think they have money and spend using a credit card, but when it's time to pay, they realise they don't have the money.'

'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'

'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'

These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.

A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.

'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'

Do not shop around for loans immediately after getting a secured credit card. Such loan enquiries can also pull down credit score, as they are treated as a sign of credit-hungry behaviour.

An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.

'Your decisions should not be driven by your view on the market, but by your objectives, risk appetite, and time horizon.'