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Applying for a personal loan? Here's the list of documents you will need
To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply for a personal loan.
REITs distribute 8900 crore to unitholders in FY26, a 50% increase in disbursements
In FY26, India's five publicly listed REITs distributed over 8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.
UPI goes live in Cambodia: Indian tourists can now pay at 4.5 million merchant outlets via KHQR
Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.
I was keen to understand if a budget of 1.5 lakh for two people is the end of the dream, or can it actually unlock a memorable stamp on your passport? Here's what ChatGPT says
The 8th Pay Commission, constituted on November 3, 2025, is reviewing salaries and pensions for central government employees and pensioners over its 18-month tenure. Its recommendations, expected by May 2027, will significantly impact financial benefits and livelihoods amidst rising inflation.
Teen cricketer Vaibhav Suryavanshi has a net worth of 7 crore at 15, primarily from cricket earnings and endorsements. Tax laws for minors in India generally club their income with that of the parent, with exceptions for specific circumstances like income from personal skills. Details here.
Equity MFs investing in energy stocks turn chart toppers
Despite economic strain from the oil shock, equity mutual funds in the energy sector have performed remarkably, gaining 9.4% in 2026. The Nifty Energy Index rose 14.3%, benefiting from strong earnings growth and high demand, making these funds a tactical investment choice for high-risk investors.
ITR filing AY 2026-27: Why salaried taxpayers should wait until 15 June before filing returns
The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this date for accurate filing.
smallcase launches mutual fund model portfolios, expands beyond stocks and ETFs
smallcase has launched mutual fund model portfolios, expanding beyond stocks and ETFs. The new offering provides professionally managed portfolios of direct mutual funds across asset classes, helping investors simplify fund selection, portfolio construction and monitoring while aligning investments with specific financial goals.
What Karnataka high courts ruling on hiring advocates means for insurance ombudsman system
The Karnataka High Court's recent ruling in insurance disputes asserts that complainants have the right to legal representation as cases progress beyond mediation. It rejected the concern that policyholders who need help are somehow gaming the system by seeking it.
Tax on property sale in India: How capital gains are taxed and ways to claim exemption
Selling a house can result in capital gains tax, depending on how long the property was held. However, certain exemptions are available for homeowners. Full details here.
Home loan balance transfer explained: How lower rates can cut EMIs and save lakhs
New home loan borrowers should consult financial advisors to assess their financial health before choosing a loan. A balance transfer to a lender with lower rates can lead to significant savings over time, but borrowers must weigh the benefits against potential costs and challenges.
How long will a Rs 20,000 SIP and Rs 1 lakh lump sum take to become Rs 3 crore? Check calculations
A monthly SIP of Rs 20,000, coupled with a Rs 1 lakh lump sum investment and an assumed annual return of 12%, can help investors accumulate a corpus of about Rs 3 crore in roughly 23 years and 7 months, according to calculator estimates.
DTAA explained: How NRIs can avoid double taxation and save on taxes?
DTAA allows NRIs to pay tax only in one country or at reduced rates, preventing double taxation on income earned in India and their country of residence. Here's how it works.
Navigating health insurance portability: Check key rules, FAQs and online process, explained
In India, health insurance portability enables policyholders to switch insurers without losing accrued benefits like NCB. Requests must be made 45 days before renewal. Here are the top FAQs answered
Add-on credit cards can offer benefits, but should only be used with caution, as shared credit limits, full repayment liability, and credit score risks can affect family financial control.
A conservative evaluation of a 1.5 crore home purchase in Gurugram on a 25 LPA salary reveals affordability concerns.
NFO Alert: HSBC Mutual Fund launches hybrid long-short fund under its SIF segment RedHex
HSBC Mutual Fund has launched the RedHex Hybrid Long-Short Fund, a Specialised Investment Fund strategy aimed at generating regular income and capital appreciation through a diversified mix of fixed income, equity arbitrage, REITs and InvITs. The fund targets risk-adjusted returns with lower volatility and offers weekly redemption opportunities.
ITR: When can taxpayers claim deductions under Sections 80C, 80CCC, 80CCD (1), 80CDD (1B), 80D, 80DD, 80DDB, 80E, 80EE, and 80EEA of the I-T Act, as applicable under the old tax regime? Here's a look
Edelweiss Small Cap, 7 other smallcap funds that have shown consistent performance over last 5 years
I asked ChatGPT to keep my job future-proof: AI asks me to build a T-shaped profile
A simple learning system emphasises mastering fundamentals, building visible work and public application, according to ChatGPT.
Have Rs 30 lakh to invest for 20 years? Here's how an expert suggests allocating the corpus
Investors receiving a large lump sum for long-term goals should avoid immediate equity deployment. Financial planners suggest parking funds in liquid instruments and using Systematic Transfer Plans (STPs) over 12 months to mitigate market timing risks. This staggered approach, combined with a diversified equity allocation, aims to optimize returns over a 20-year horizon.
Choosing a health insurance plan requires due diligence and understanding personal needs. HDFC ERGO offers comprehensive coverage, while ICICI Lombard provides cost-efficient modular options. Here is a detailed comparison between the two.
EPFO 3.0 ATM withdrawal explained: Launch status, PF withdrawal process, rules, and limits
Want to know if EPFO 3.0 ATM withdrawal is live? Check the latest update, official status, PF withdrawal process, UPI option, rules, limits, launch timeline, login details, and what members should do now.
Secure a steady retirement income with the Senior Citizens Savings Scheme (SCSS) at 8.2%. A couple can earn nearly 5 lakh annually on a 60 lakh investment backed by a government guarantee.
Quant Mutual Fund is strategically focusing on under-owned, under-researched, and neglected market segments for higher alpha generation. The fund house is underweight on manufacturing but has increased exposure to technology stocks, while maintaining a positive outlook on energy, infrastructure, and financial services.
Financial planning includes calculating your savings, investments and retirement fund before making investment decisions. If you plan to purchase an SUV in the next 2-5 years, here's how you can use SIPs to build adequate corpus
Multicap vs flexicap mutual funds: Which is better placed amid market volatility?
Market volatility prompts a look at multicap and flexicap mutual funds. Experts weigh in on their suitability for uncertain times. Multicap funds offer disciplined allocation across market caps. Flexicap funds provide managers flexibility to adjust holdings. A balanced portfolio strategy across different equity categories is advised for investors to navigate market swings effectively.
On 2 June, gold prices on MCX rose marginally amid a weaker dollar and declining crude oil prices. MCX gold August futures rose to 1,59,440 per 10 grams, while geopolitical tensions surrounding US-Iran negotiations continued to impact markets.
Top 10 mutual funds to invest in June 2026
New investors often struggle to find suitable mutual funds, relying on short-term performance or personal recommendations. ETMutualFunds presents a curated list of top schemes across five equity categories to guide investors. The article emphasizes understanding fund categories, risk profiles, and investment objectives before investing.
8th pay commission: Panel extends memorandum submission date to 15 June Check top updates
8th pay commission: The 8th CPC panel has extended the deadline for submission of memorandums from employee representatives, groups and unions to 15 June. Check here for latest top updates, meetings, and more
A state government employees' forum leaders said that West Bengal CM Suvendu Adhikari has assured that pending dearness allowance dues will be cleared as per the Supreme Court order. Here's all we know
Weak market returns push more investors to pause SIP investments
Challenging equity market returns are prompting retail investors to reassess their stock market exposure. Industry data reveals a rise in systematic investment plan (SIP) discontinuations and a slowdown in new investor additions. This trend indicates investor disappointment with lower-than-expected returns. The situation highlights a shift in investor sentiment amid market conditions.
Why Devina Mehra keeps 85% of her portfolio outside India
The First Global founder explains why asset allocation matters more than stock picking, why she remains underweight on the US and why she avoids real estate and private credit.
Annapurna Bhandar Scheme 2026: Check eligibility, how to apply online and documents required
Want to apply for Annapurna Bhandar online? Check the official website, eligibility, required documents, form download steps, offline option, status check process, and scam alerts in one place.
SEBI considers easing NDCF norms for Road InvITs, permitting major maintenance borrowings
Sebi proposed allowing road-focused InvITs to add major maintenance expenses back into their NDCF calculations if financed by debt. Full details here.
I asked ChatGPT if old-school shopping is better than quick commerce its answer shocked me
As quick commerce transforms grocery shopping in India, urban couples face unplanned expenses due to ultra-fast delivery services. Here's what ChatGPT suggested to reduce decision fatigue and save 15-30% on monthly grocery bills
Inflation-driven shifts are reshaping tax-aware retirement income strategies, as fixed deposits alone are no longer sufficient to keep pace with inflation. Retirees need to invest in diversified, tax-efficient, and inflation-protected assets to secure a steady income.
Not sure about how much of your portfolio should be invested in equity and how much in debt? This is where an asset allocation calculator can help. So, let's find out your ideal asset allocation.
NRO accounts allow NRIs to manage Indian income. Upon returning to India, NRIs must convert their NRO accounts to resident accounts by notifying their banks. Here's the entire process to do it and documents required.
From credit score impact to financial burden, 5 loan risks every borrower and guarantor should know
A simple favour can lead to lasting costs. Understanding the risks of loan guarantorship helps protect your credit score, assets, and finances before agreeing to support a personal loan application. If in doubt, do not hesitate to take professional guidance before agreeing to a loan guarantor.
From HENRY to HARRY: how high earners can escape the lifestyle trap and build real wealth
High salaries don't guarantee financial independence. Heres how time-poor professionals can escape the cycle of heavy EMIs and lifestyle inflation to secure long-term assets.
5 diversified equity funds that have delivered the highest alpha
The metric used to analyze an equity fund's performance relative to its underlying benchmark index is alpha. Here's a list of top 5 equity funds by highest alpha that have outperformed their benchmark index.
UPI sets new record: Transactions reach 29.9 lakh crore in May
In May, UPI transactions hit a record high in both transactions and volume terms. This growth was driven by summer travel and IPL fever. Full details here.
8th Pay Commission fitment factor: Will it be 2.57, 2.86 or 4.0? Here's what experts say
Inflation fuels debate over the 8th Pay Commission fitment factor as unions push for higher multipliers and experts suggest a moderate revision to balance salary growth, pensions and fiscal stability ahead of 2036.
UPI security, LPG price revision, PAN rules: Key financial changes effective from June 1
Starting June, significant financial and regulatory changes will affect consumers, including updated UPI security measures, revised PAN compliance, and increased LPG cylinder prices. Full list here.
Buying land in India: Should NRIs use NRE or NRO funds?
For US NRIs buying land in India, using an NRE or NRO account does not change capital gains tax liability, though FEMA and repatriation rules remain crucial considerations.
Repo rate explained: How RBI rate cuts and hikes affect your EMIs, savings, and investments
Currently, the RBI has kept the policy repo rate at 5.25%, and the next monetary policy meeting is scheduled between June 3 and June 5, 2026. Here's a look at out how a repo rate cut or hike actually impacts your finances and investments.
Turn small SIPs into crores with the 8-4-3 rule, a compounding strategy that shows how disciplined monthly investing in equity mutual funds can steadily build long-term wealth. The focus must be on staying calm during market volatility and following well-established rules of wealth creation.
An analysis reveals that for a 1 lakh salary, Pune, Hyderabad, and parts of Chennai offer the best home-buying opportunities, while Mumbai is the least affordable.
Post Office MIS vs mutual funds: Which is better for income-seeking investors?
Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative investors. While safe, its returns may not beat inflation, and interest is taxable. Experts suggest a balanced approach, combining low-risk options like arbitrage funds for income with equity funds for long-term wealth creation.
Five timeless investing lessons from Warren Buffett's most storied 'no'
A crisis-tested investing lesson, Warren Buffetts 2008 rejection of Lehman and AIG highlights the value of balance-sheet strength, liquidity, trust and disciplined fundamental analysis. As an investor, one must follow fundamentals and make sensible investments backed by data and solid facts.
SBI Small Cap among 5 smallcap funds with highest cash holding. Check details
Several small-cap mutual funds maintained elevated cash positions in April, reflecting a cautious approach amid market conditions. Bandhan Small Cap Fund held the highest cash allocation at 13.2%, followed closely by Groww Small Cap Fund at 13%. SBI Small Cap Fund, HDFC Small Cap Fund and Quantum Small Cap Fund also maintained sizeable cash reserves, potentially providing flexibility for future investment opportunities.
Sukanya Samriddhi Yojana: If opened at 5, will it mature at 21 or 26? Can you withdraw earlier?
The Sukanya Samriddhi Account matures 21 years after opening, regardless of the girl's age. Contributions last for 15 years, and the girl can withdraw 50% of the balance at 18 for education or marriage expenses. Tax benefits apply under Section 80C.
International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global diversification as fund houses restrict inflows.
Virat Kohli led RCB to a five-wicket victory over GT in IPL 2026, delivering consistent performances through the marquee tournament and capping it off with an unbeaten 75 in the final. His disciplined approach is a reminder to investors to prioritize technique and strategy over aggressive tactics.
Gold and silver prices today, 1 June: Gold rates declined on MCX amid a stronger US dollar and rising crude oil prices. Check the latest 24K and 22K gold prices, along with 999 silver rates, in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Best mutual fund SIP portfolios to invest in June 2026
ETMutualFunds offers curated mutual fund portfolios for conservative, moderate, and aggressive investors. These recommendations are designed for SIP investments and cater to various investment amounts. The portfolios are updated regularly based on a robust in-house methodology. Investors can now easily select schemes to meet their long-term financial objectives.
West Bengal CM Suvendu Adhikari announced the Annapurna Yojana fund transfers starting June 3, providing 3,000 to eligible women. Beneficiaries must ensure their Aadhaar-linked bank accounts are updated to avoid issues with payments.
Coinbase has launched operations in India, allowing users to deposit and withdraw Indian Rupees directly. This eliminates the need for peer-to-peer transactions, and users can trade various crypto assets with local order books and advanced trading tools.
8th Pay Commission: Pension rules could change - 70% pension at 65, increasing to 100% with age, Freedom to Pick OPS, NPS or UPS
EPFO: What is EDLI? Employees Deposit Linked Insurance Scheme, explained
The Employees Deposit Linked Insurance Scheme (EDLI) offers insurance for salaried individuals, ensuring families receive a payout upon the subscriber's death. Here's what it is, how it works, and steps to make a claim
Atal Pension Yojana: How can you withdraw my account? What happens on payment defaults Check FAQs
The Atal Pension Yojana aims to establish a universal social security system in India, offering a guaranteed monthly pension to subscribers based on contributions made till 60 years of age. Here's all you need to know.
Filing your ITR isn't just about paying taxes: 5 other benefits you should know
Filing income tax returns (ITR) is essential for meeting tax obligations and can provide benefits like loan eligibility and tax refunds. Here are five benefits of filing ITR regularly.
Income-tax returns: Here's why you must e-verify your ITR after filing Stepwise guide
Income-tax returns: You should complete e-verification of your ITR within 30 days after filing to ensure a smooth refund process from the tax department. Check here for the step-by-step taxpayers' guide
Income-tax returns: Are all donations 100% exempted from tax under old regime?
ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more
How a Gurgaon couple spent 1.59 lakh and still invested 2.2 lakh in March
The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where 50,800 goes towards rent and electricity bills.
Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling 17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.
EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.
Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take
Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.
DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported.
Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.
Found an error in your AIS? Here's how to get it corrected before filing your ITR
AIS provides taxpayers with detailed financial transaction reports essential for accurate income tax return filing. Taxpayers should review their AIS for discrepancies to avoid incorrect tax calculations. Here's what to do if you find an error in your AIS.
India falls behind Taiwan in market rankingsbut which market is better positioned to handle risk?
As reported by Bloomberg on May 26, Taiwan's market capitalization stands at $4.95 trillion, slightly ahead of India's $4.92 trillion. While this has raised concerns among retail investors in India, you may be surprised to know which market is actually more sustainable.
The '100 minus age' rule for asset allocation suggests subtracting age from 100 to determine stock investment percentage. Critics argue it's too conservative for longer retirements and rising costs.
West Bengal CM Suvendu Adhikari announced that the Annapurna Yojana's fund transfers will start on June 3, providing 3,000 to eligible women. Enrollment requires a 12-page application form, with assistance available through public welfare camps on June 15-17 for those needing help.
Inside Parag Parikh Flexi Cap Fund: What it bought and sold in April 2026; top 10 holdings revealed
Parag Parikh Flexi Cap Fund is the biggest open-ended equity mutual fund in India with an AUM of over 1.40 lakh crore. But have you ever wondered which stocks have been recently bought or sold by the fund manager of the biggest mutual fund? Let's find out.
These 7 equity mutual funds lost up to 7% in May. Part of your portfolio?
Equity mutual funds witnessed a weak May, with the worst-performing schemes losing up to 7%. International and sectoral funds dominated the laggards' list, led by HSBC Brazil Fund. Several consumption, FMCG, energy and PSU-focused schemes also posted negative returns, reflecting pockets of weakness across specific market segments.
New fund offers: 1 mutual fund and 1 SIF to open for subscription this week. Check details
Two market manipulation stories, one lesson
The market has never been a level playing field, and recent events have merely underscored how uneven it remains. The rational response is not to chase headlines, but to avoid playing a timing game
Retail investors remain cautious about crypto due to market volatility. Experts suggest a disciplined approach: invest regularly, focus on quality assets, and allocate 2-5% of portfolios to crypto for stability and growth potential.
SIP Investing in 2026: 5 common mistakes mutual fund investors must avoid
Market swings can test every investor, but avoiding common SIP investment mistakes in 2026 can improve mutual fund returns, strengthen financial goals and support long-term wealth creation. Have a clear discussion with a certified investment advisor to plan your investments properly and grow.
ITR-1, ITR-2, ITR-3 or ITR-4: Which form should senior citizens use? Who can skip filing returns?
The Income Tax Department has initiated online filing for AY 2026-27, with ITR-1 and ITR-4 available since May 15. Senior citizens face challenges in selecting the correct ITR form based on income sources, as ITR-3 remains inactive.
Taylor Swift's journey to billionaire status teaches valuable financial lessons. Experts highlight her savvy decisions in income diversification, ownership protection, and long-term investments as keys to her success.
Beyond Dalal Street: why more Indian investors are looking overseas
A weakening rupee, limited sector exposure and concentration risks are pushing Indian investors to gradually diversify into global markets and dollar assets.
Staying disciplined and aligned with financial goals is key to successful investing, rather than chasing short-term gains in fluctuating markets.
Bank holiday next week: SBI, HDFC, others closed on this day between June 1 and June 6; check here
Private and public sector banks in India will be closed for one day next week from 1st to 7th June 2026 due to eleven holidays listed by the RBI, including weekends and national holidays. Customers should check holiday schedules before visiting branches.
