38 C 
Home loan rates start at 7.15% this June 2026, giving borrowers a chance to cut borrowing costs by carefully comparing lenders, charges, repayment options and loan features.
Parag Parikh vs HDFC Flexi Cap Fund: Returns, risk, expenses, and portfolio holdings compared
Parag Parikh Flexi Cap Fund currently leads the category with an AUM of 1.41 lakh crore, followed closely by HDFC Flexi Cap Fund at 1.01 lakh crore. While HDFC outperformed across the 1-year, 3-year, and 5-year periods, Parag Parikh Flexi Cap Fund delivered better returns over the 10-year horizon.
Mutual fund investing: 5 key ratios to check before choosing a fund
Returns alone don't tell the full story of a mutual fund. Here's how alpha, beta, Sharpe ratio and other key metrics can help investors assess risk and performance.
Book profits or stay invested at market highs? Historical data may settle the debate
The analysis of 25 years of rolling market data suggests that remaining fully invested in equities gave better long-term returns rather than systematically transferring gains to debt after reaching pre-defined profit targets or market highs.
The Annual Information Statement (AIS) provides taxpayers with a comprehensive and consolidated view of their financial data. It includes the taxpayer's TDS and TCS details, specified financial transactions (SFT), tax payments, demand and refund records.
Gold prices rose on 15 June due to optimism following a US-Iran peace deal. MCX gold for August futures increased by 1.71% to 1,53,490 per 10 grams, while silver rose 0.94% to 2,53,520 per kg amidst volatile equity markets.
8th Pay Commission developments: Key updates include consultation visits, an extended memorandum deadline and stakeholder outreach across multiple states. Here are the latest updates from the official website.
8th Pay Commission: 15 June marks key compliance deadlines, including the submission of memoranda, advance tax payments and Form 16 issuance affecting employees, pensioners and taxpayers.
NRIs who become tax residents in India can defer tax on foreign retirement accounts until withdrawal by filing Form 40. This applies to accounts in the US, UK, Canada, and Australia, and offers relief from accrual taxation. Details here.
Tax-free income in India: 5 sources every taxpayer should know about
Certain income types are exempt from taxation under the Income Tax Act, helping taxpayers minimize their tax liabilities. Here are some options you can consider.
ICICI Lombard warns that car insurance claims for damage from E20 fuel in older, non-compatible vehicles may be rejected, as such usage could be seen as negligence. Details here.
Can mutual fund gains be used to repay a home loan and claim Section 54F exemption?
Home-loan repayment is not eligible for Section 54F relief, if the property was purchased outside the prescribed time window.
Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is communicated, but the final choice rests with the taxpayer during ITR filing. Details here.
A working professional seeks a practical Work-From-Anywhere experience for a month-long family vacation in India. ChatGPT suggests 5 suitable destinations, recommended based on work and family needs.
New fund offer: Only 1 SIF will open for subscription this week. Check details
Corporate burnout is real: Can I afford to take a one-year sabbatical? I asked ChatGPT
Corporate burnout motivates considering a sabbatical. I asked ChatGPT if I should go for it.
As of June 14, 2026, senior citizens over 60 can access higher FD interest rates, with extra benefits for those over 80. Various banks offer additional rates.
HDFC Balanced Advantage among 11 equity mutual funds that saw outflows of over Rs 300 crore in May
Eleven equity mutual funds, including HDFC Balanced Advantage Fund, saw outflows exceeding Rs 300 crore in May, according to ACE MF data. A total of 267 equity-oriented schemes reported outflows, reflecting selective investor withdrawals despite a broad universe of 742 funds, with large-cap and hybrid categories prominently affected.
Silver beats gold, stocks and bonds in 10-year returns. Here's the data
Silver has emerged as the top-performing asset over the past decade, outperforming gold, equities and bonds with a 21.3% return. Gold followed closely, while mid and small caps showed solid gains. Debt instruments delivered modest returns, whereas real estate lagged, reflecting a shift in investor preference towards financial assets.
IRDAI has issued guidelines on Migration and Portability for health insurance, allowing policyholders to transfer benefits between insurers or within the same insurer, ensuring continuity of waiting periods and accrued bonuses under certain conditions.
Use the 3/20/30/40 rule for home loans to buy a house without straining your finances
Avoid costly borrowing mistakes with the 3/20/30/40 rule for home loans as a guide to efficient home loan planning. This simple framework helps homebuyers manage EMIs, reduce debt burden and maintain long-term financial stability. It is prudent to consult a financial advisor while planning a loan.
10 lakh lump sum vs 10,000 SIP for 100 months - which built a bigger corpus?
Investors often compare lump sum investing and SIPs for wealth growth. A lump sum involves a single, large investment, while a SIP allows regular, smaller contributions. Lump sum may be ideal for large sums, while SIPs benefit those who invest gradually from salaries.
On June 14, gold prices in India remained stable, with 24-karat gold at 150,900 per 10 grams. Silver saw limited movement, with 999 Fine priced at 247,630 per kg. Prices reflected Friday's closing levels as the MCX remains closed on weekends.
The real cost of parenthood? Man says he spent nearly 4 lakh before daughter turned 6 months
According to Chakravarty, expenses begin immediately after pregnancy is confirmed, with regular doctor visits, scans, blood tests and medicines. He estimated that medicines and supplements alone cost his family between 1,500 and 2,000 per month during the pregnancy period.
Home loan insurance adoption jumps 7X in 5 months: What's driving India's borrowers to sign up?
Home loan insurance adoption has surged sevenfold recently, driven by borrowers seeking to protect families from loan liabilities. Most purchasers are aged 31-45, primarily salaried professionals.
As global capital chases AI, are Indian large caps valuations now attractive?
Driven by a bruising $30-billion foreign institutional sell-off, the Nifty 50 has dropped back into its historical valuation average, potentially opening up rare entry points for long-term investors, experts told Mint.
Gold's rally may be changing your portfolio in ways you haven't noticed
A rising gold price may feel reassuring, but a hedge that grows too large can become the biggest risk in your portfolio. Here's why rebalancing matters.
Eligible nominees for EPF include spouses, children, and dependent parents. Members without families can nominate others, but the nomination becomes invalid if the member later acquires a family.
Why starting your SIP at 25 can build far more wealth than waiting until 35
Start early, build more wealth. This investment planning example shows how the power of compounding helps long-term investing create a significantly larger corpus, even with modest monthly SIP contributions. Understand this concept today to ensure meaningful wealth creation in your life ahead.
India's cost-of-living gap is widening, with Maharashtra's monthly expenses averaging 52,392, while Himachal Pradesh and Bihar remain affordable under 28,000. Economic opportunities vary significantly, influencing household budgets and lifestyle choices across states.
Bank holiday next week: SBI, HDFC, others closed on this day between June 14 and June 21; check here
Private and public sector banks in India will be closed for two days between 15 June and 21 June 2026 due to holidays specified by the RBI. Preparedness is essential for customers planning visits, though online banking services remain available during the closure.
Multiple loans and EMIs? Here's how to know if your debt is still under control
The key issue is not simply whether EMIs are being paid on time. Instead, it is whether your overall financial framework has enough resilience to withstand unforeseen setbacks.
Should a housewife file income tax return? How does it work?
Homemakers are not salaried employees, they may still earn income from various avenues
Want to transfer your home loan? Things to consider before proceeding
Under the refinancing of existing mortgage, a new financial institution clears your current debt and assumes the remaining unpaid principal
Delhi electricity bill hike: Here is how much more BRPL, BYPL and TPDDL consumers will have to pay
In response to rising electricity costs, the DERC has approved increased FPPA surcharges for Delhi's power discoms. This adjustment, impacting mainly non-subsidized consumers, will see a monthly surcharge recovery starting April 2026, following appeals for a higher recovery limit.
A 25-year-old Redditor shared his struggle to recover from 70 lakh debt incurred from a failed restaurant, where expansions to the business led to increasing debt. He turned to netizens seeking advice on the way forward
Income-tax returns: For taxpayers filing ITR for business income using the ITR-4 form, i.e. Sugam form, we explain the tax department's rules on choosing or changing between the old vs new tax regimes.
A 10% salary hike may significantly increase gross income, but post-tax gains can be considerably lower due to deductions. Various income levels illustrate this impact, revealing hidden tax liabilities that erode take-home pay, especially for higher earners and around the rebate cliff.
9 equity mutual fund categories attract inflows in May; flexicap funds lead the pack
Equity mutual fund inflows fell 40% in May to 22,907 crore. Flexicap, smallcap and midcap funds remained investor favourites, while ELSS and dividend yield funds recorded net outflows.
HDFC Flexi Cap Fund among 8 equity mutual funds that saw inflows of over Rs 1,000 crore in May
Equity mutual funds continued attracting strong investor interest in May, with eight schemes receiving over Rs 1,000 crore each. HDFC Mid Cap Fund led inflows, while smallcap and midcap funds remained popular.
Parag Parikh Flexi Cap Fund : ITC, HDFC Bank and Cipla among stocks bought and sold in May
Parag Parikh Flexi Cap Fund, India's largest active mutual fund, increased exposure to several banking and IT stocks in May, trimmed its holding in Cipla, and maintained a 14.77% cash allocation.
As crypto futures trading gains traction in India, traders are departing from traditional strategies. Nischal Shetty of WazirX highlights the operational differences, benefits, and risks of futures
8th pay commission: Railway groups want fitment factor of 3.80. We look at what the IRTSA has demanded when it comes to fitment factor across levels and how this could increase salaries of Railway employees.
HDFC Defence Fund adds Tata Motors, reduces exposure in MTAR Technologies and 1 other in May
HDFC Defence Fund added Tata Motors to its portfolio in May while trimming holdings in MTAR Technologies and Rishabh Instruments. The fund increased exposure to key defence-linked stocks, including Bharat Electronics, Bharat Forge, Bharat Dynamics and Mazagon Dock, reflecting sector-focused conviction
Foreign Portfolio Investments (FPIs) and Foreign Direct Investments (FDIs) differ in ownership and strategy. FPIs are short-term, focusing on financial assets, while FDIs involve long-term commitments to physical assets.
The Himachal Pradesh government, led by Chief Minister Thakur Sukhvinder Singh Sukhu, on Thursday announced that state employees will now receive 100 per cent of their salary while on study leave for higher education.
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Saturday, 13 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.
8th Pay Commission: 10 lakh interest-free car loan, festival bonus among new demands Details here
Discussions on the 8th Pay Commission have sparked interest, as NC-JCM proposes new advances for salary revisions. Key proposals include a vehicle advance of up to 10 lakh and restoring the Natural Calamity Advance
SpaceX allocated a record 20% of its IPO shares for retail investors, driving strong first-day trading. Experts felt that retail buying was what pushed SpaceX shares 19% on their first day of trading.
Earning FD interest? Why you should submit Form 121 TDS provisions explained
A bank deducts 10% TDS if the interest payable on a customers fixed deposit exceeds 50,000 ( 1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.
SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.
29-year-old laid-off MNC employee with 5 crore net worth asks: Should I be satisfied?
The Redditor shared that his personal net worth stands between 5 crore and 6 crore, while his wife's assets are worth approximately 2 crore. He added that his wife, who earns 40,000 per month, has reassured him that she would stand by him during this period.
5 powerful money lessons I learned from the worlds first trillionaire, Elon Musk
Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.
HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.
Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.
Why let gold sit idle? Here's how gold leasing can help investors earn returns
Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.
Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?
The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?
The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.
Are gifts received at wedding exempt from taxation? Here's what newlyweds should know
Indian weddings involve cash, gold, and gifts, which may raise tax concerns for newlyweds. The income tax law allows exemptions for gifts received during marriage, but they must still be disclosed as income. Details here.
Whether it is an ageing parent requiring months of specialised nursing post-surgery, a stroke survivor needing extensive physical rehabilitation, or a patient recovering from severe respiratory illness relying on supplemental oxygen, long-term care takes a toll.
Two representative groups Indian Railways Technical Supervisors Association and Railways Senior Citizens Welfare Society are seeking better pay levels, salary structure, annual increments, DA hike and allowances for employees and pensioners.
I asked ChatGPT to plan Ladakh trip under 20,000. The itinerary surprised me
My ChatGPT prompt: Please analyse whether a Ladakh trip is realistically feasible within this budget. If it is, create the most practical and enjoyable 4-day itinerary, taking into account travel time, acclimatization requirements, and major attractions.
Think a 20% market correction is rare? 45 years of Sensex data says otherwise
The Sensex has witnessed an average intra-year drawdown of 20% since 1980, yet nearly 80% of calendar years ended with positive returns.
Missed your credit card payment by 1 day? Heres what happens to your credit score
Missed a credit card payment by one day? A one-day delay usually does not affect your credit score, but repeated late payments can harm your credit profile and borrowing prospects. Try to understand loans, credit cards & other forms of debt clearly before applying so that you don't miss due dates.
I asked ChatGPT to do the wedding math: Whats a realistic budget in Delhi?
I asked ChatGPT to plan my wedding budget in Delhi. It suggested three budget scenarios conservative, moderate and premium. Read below to see which one of these it recommended.
More than 4,400 former and current employees are set to become millionaires after SpaceX starts trading on Friday, even as CEO and the world's richest man, Elon Musk seems poised to become the first-ever trillionaire.
Quant Small Cap Fund increased exposure to Adani Enterprises and eight other stocks in May while reducing holdings in Aurobindo Pharma and four more. The fund also added six new stocks, exited three positions and maintained a defensive tilt through a higher large-cap allocation.
7 mutual funds multiplied investors' wealth up to 20 times in two decades. Check the performers
Seven equity mutual funds turned long-term investments into 12-20 times their original value over 20 years. Midcap and flexicap funds dominated, with Nippon India Growth Mid Cap Fund leading wealth creation.
Dearness Allowance: Today we explore why DA and fitment factor decisions are significant when it comes to deciding how much salary and pension hike central government employees' and retiree can get under the 8th pay commission.
Mid-caps beat large-caps over 20 years; here's the hidden cost of outperformance
Mid-caps delivered stronger long-term returns than large-caps over the past two decades. But the outperformance came with significantly longer and deeper drawdowns, highlighting a trade-off often missed in CAGR comparisons.
Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away from concentrated bets towards diversified strategies. Experts believe this trend reflects a natural shift during market uncertainty. While some sectors show strong performance, others lag, making sector selection challenging.
Gold and silver ETFs gain up to 5% on US-Iran peace hopes. Should investors add exposure now?
Gold and silver ETFs gained sharply on Friday as precious metal prices rallied amid optimism over a potential US-Iran peace agreement. Experts advise investors to maintain 510% portfolio exposure through Gold ETFs and silver funds, using a staggered investment approach and avoiding panic-driven decisions.
On 12 June, gold prices rose amid peace deal hopes in the Middle East conflict, with MCX gold trading at 1,50,320 per 10 grams. US President Trump's statements brought optimism, despite awaiting concrete developments on the situation.
Manish Kumar linked the decline to a number of factors, including rising living costs and demanding work cultures. He cited the example of a Delhi couple earning 50 lakh annually to illustrate his point.
Elon Musk's SpaceX had a bumper $75 billion IPO and is set to propel the world's richest person into trillionaire status. Here's a look at whether Indians can get a share of the pie and how much a $10,000 investment in the rocket company could yield.
Best value funds to invest in June 2026
Value investing has dominated the Indian stock market, with value funds delivering strong returns while growth funds lagged. Investors are advised to understand the merits and demerits of this strategy, as it requires patience and may involve periods of underperformance. A maximum of 20% investment in value funds is recommended.
Bengaluru woman loses 98.4 lakh in digital arrest scam: 5 ways to protect yourself
A shocking digital arrest scam cost a Bengaluru woman 98.4 lakh after fraudsters posed as police officials. Know five warning signs to avoid cyber fraud and protect your savings. Make sure that you promptly report such scams so that future victims can be protected and awareness can be spread.
Mis-selling, not claims, is life insurances biggest problem: Aviva CEO Asit Rath
Aviva Life Insurance CEO Asit Rath says tighter regulations are pushing the industry away from commission-led selling toward life-stage advice, data-driven underwriting and long-term customer engagement.
Wealth management for women: 4 smart strategies to tackle key financial challenges
Financial independence starts with smart choices. Wealth management for women becomes easier through disciplined investing, retirement planning, financial confidence and structured strategies that support long-term financial security and wealth creation.
Smart financial protection meets savings with ABSLI Anmol Akshaya, a goal-based plan by Aditya Birla Sun Life Insurance that offers wealth creation, family cover and women-centric benefits. Check the complete details of the plan.
Missed filing income tax returns for years? How to use ITR-U to clear your backlog
To help taxpayers catch up on missed filings or report previously unrecorded income, the government introduced the Updated ITR (ITR-U) framework.
Can missing 15 trading days over 27 years cost investors 1.9 crore? The data says yes
FundsIndia analysis shows that missing just 15 trading days over 27 years would have cut a 2.84 crore corpus to 95 lakh. The data highlights how a handful of market sessions have driven a disproportionate share of long-term equity returns.
Tax-loss harvesting explained: Key things mutual fund investors should know before booking losses
Tax-loss harvesting can help mutual fund investors offset capital gains and improve post-tax returns. However, experts say investors should stay focused on asset allocation, reinvestment and long-term wealth creation while using the strategy.
LTCG: How to save long-term capital gains tax key exemptions and errors explained
Sections 54, 54B, 54EC, and 54F represent the most effective pathways to claim these tax reliefs, tax experts say.
What financial decisions do people regret at 50? I asked ChatGPT; and, it was an eye-opener
At 50, people often regret financial decisions that hinder their long-term freedom and relationships, according to ChatGPT.
Fund of Funds explained: Meaning, types, benefits and limitations you must know
Fund of Funds (FoFs) are a type of mutual fund that does not invest directly in stocks, bonds, or other asset classes. Instead, they invest in other mutual fund schemes or just track an ETF or index fund.
After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. If you notice an error in your processed ITR, you can submit a rectification request through the e-filing portal.
What changes in ITR-3 for F&O traders?
The revised tax form mandates split reporting of derivatives turnover and profits, improving AIS-based data matching and raising compliance pressure on futures and options traders
