The Economic Times

Retiring with Rs 1.5 crore can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth.

The Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting the society to appoint a new developer. The court ruled that residents' right to safe housing is more important than a builder's profit. The old builder's objections were rejected, allowing the society to proceed with a new developer.

Major mutual fund houses, including HDFC, ICICI Prudential, Nippon India and Tata Mutual Fund, have temporarily restricted large investments in gold ETFs amid surging demand, higher import duties and limited gold supply. Experts say retail investors and existing SIPs remain unaffected. The curbs mainly impact HNIs, while new investors are advised to invest gradually and maintain a 10-15% gold allocation.

ICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown in mutual fund inflows. He sees private sector banks as attractive contrarian bets and remains optimistic on India's debt market amid improving fundamentals.

Multicap funds are required to allocate at least 25% each to large, mid and smallcap stocks, but some schemes have significantly higher exposure to the riskier mid and smallcap segments. Nippon India Nifty 500 Equal Weight Index Fund topped the list in April 2026, followed by Samco, Groww, DSP and Bajaj Finserv Multi Cap Fund.

Gold and silver prices saw a dip this today. Rising global tensions fueled inflation worries, while strong US economic data suggested interest rates would stay high.

Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising crude oil prices, inflation concerns and expectations of higher US interest rates. While the selloff weighed on returns, experts believe the correction offers a gradual accumulation opportunity for long-term investors through systematic investments.

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2021-22 Series-III. Investors can redeem these bonds from June 8, 2026. The redemption price is fixed at Rs 15,512 per unit.

These are open-ended funds with attributes of pre-defined maturity and glide path for goal-based investing.

HDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised rates now range from 8.05% to 8.65% across various loan tenures. This adjustment follows the Reserve Bank of India's decision to maintain the repo rate at 5.25%.

South Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in a few chipmakers has increased vulnerability to profit-taking and volatility, exposing the risks of narrow market leadership as investors reassess valuations amid geopolitical and economic uncertainties.

The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specific risk parameters will mandate detailed examination by the I-T Department. A June 30, 2026 deadline is set for issuing scrutiny notices under Section 143(2).

The Supreme Court backed the Madras High Court's decision to cancel a property auction for Mr. Rama's family. The bank tried to sell their properties over a defaulted loan, but legal fights and delays, including the buyers paying late, meant the sale was never finalized. Crucially, Mr.

The BSE Sensex has fallen over 10,000 points from its peak. Market experts suggest this presents a buying opportunity for long-term investors. Continuing Systematic Investment Plans (SIPs) is recommended to benefit from rupee cost averaging. Investors with idle cash can deploy it through staggered investments over several weeks. Diversified equity mutual funds are advised over single sector bets.

Large & mid cap mutual funds blend stability from large caps with the growth potential of mid caps, offering a riskier but potentially rewarding investment. These schemes are ideal for aggressive investors with a long-term horizon willing to embrace extra risk, with fund managers adjusting allocations based on market outlook.

Three major asset management companies have imposed purchase restrictions on large investors in gold mutual fund schemes. This move aims to curb gold imports and manage strong inflows, with retail investors expected to remain unaffected. Wealth managers see this as a response to the Prime Minister's call to reduce imports, following gold's significant recent performance.

Mr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted shares. The ITAT Delhi ruled that depositing unutilized funds in the Capital Gains Account Scheme was unnecessary as the property was purchased before filing the ITR. The tribunal also clarified ownership of a single residential unit and independent computation of capital gains.

Insurance CEOs remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A trust-builder, say some experts; others arent convinced.

They pose as the police, put you under digital arrest, and tether you to a video call till your savings are gone. How Indias fastest growing fear scam, and other cyber frauds, work.

I would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why dont we provide a monthly allowance in cases where explicit incomes that enable agency are not present? Does it denigrate the care and love to rupee terms, which makes it uncomfortable?

Midcap stocks have dominated performance for a decade, but a shift towards small caps is emerging. Flexi-cap funds are increasing small-cap allocations, driven by improved fundamentals and regulatory advantages. While small caps offer potential alpha, investors must navigate their inherent volatility and focus on fundamentally strong businesses.

Indian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories attract affluent investors, the reality involves illiquidity, founder ethics, and long holding periods. Experts advise a disciplined portfolio approach, thorough due diligence, and realistic expectations for those venturing into this complex asset class.

ET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is presented in the table. The significant variations in the earnings growth highlight the importance of sector diversification for managing risks and returns. By Sameer Bhardwaj.

One of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically comes with a waiting period of up to three years. In group insurance, this period is usually waived. This allows the employees to claim for themselves or their spouses almost immediately after joining.

Cold data, not emotions, will cure your appraisal hangover, says Devashish Chakravarty.

Welcome to TrendMap, your quick, visual guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked for multiple asset classes across equity, debt, precious metals and real estate. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.

The RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity access to all Persons Resident Outside India.

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 106th part of this series, Riju Mehta explains how this investing option is managed.

The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations.

Eight flexi cap funds exhibited low performance consistency over the last five years, according to CRISIL's Mutual Fund Scorecard. These funds, despite generally low risk compared to peers, showed varying investment styles and delivered CAGRs ranging from 4.79% to 10.4%.

A tenant facing eviction for unauthorized construction and rent default became a co-owner mid-dispute. He purchased a 50% share of the property from a co-landlord. The Bombay High Court ruled that eviction proceedings cannot continue once a tenant acquires ownership rights. The court set aside the eviction case, restoring the trial court's decision to dismiss the suit.

ICICI Prudential Large Cap Fund topped the list with a 97% performance consistency score, while eight other large-cap funds demonstrated strong return consistency and risk-adjusted performance over the past five years.

Five equity mutual funds, led by Motilal Oswal Midcap Fund, delivered over 20% CAGR in the last five years, highlighting the strong wealth-creation potential of select midcap and smallcap schemes.

Nippon India Mutual Fund has imposed temporary subscription limits on Nippon India ETF Gold BeES and Nippon India Gold Savings Fund from June 8. While SIPs and STPs will continue within prescribed limits, fresh lump-sum investments and direct subscriptions by large investors will face restrictions until further notice.

Gold prices for Tuesday, June 6, 2026, are available from Tanishq, Malabar Gold & Diamonds, and Joyalukkas. Rates for 22k gold are provided across major cities. IBJA also offers indicative retail selling rates for various gold karats and silver.

A 37-year-old investor planning a Rs 1,000 monthly SIP for 20 years sought advice on choosing between multicap and flexicap funds. Samir Shah of Investa Financial explained the differences, highlighting risk appetite, fund manager flexibility, and goal-based investing as key factors in selecting the right mutual fund category.

Safeguard your Will with the UK government's HMCTS storage service. This official facility offers secure safekeeping for a nominal fee, preventing loss or damage. Disgruntled family members cannot tamper with Wills stored by HMCTS. The process involves posting your Will to the Newcastle District Probate Registry. A lodgement certificate will be issued upon receipt.

The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that EPFO cannot retain appeal money for nearly 11 years after a PF assessment order was set aside, depriving the assessee of its use and potential earnings.

A family's plea for a job based on compassionate appointment after 25 years has been rejected. The Patna High Court ruled that such appointments are for immediate financial relief. The court stated that a long delay significantly diminishes the purpose of the scheme. The family's claim was dismissed as it was not an immediate need.

Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with the RBI issuing an annual calendar. Customers can visit branches for transactions. Online services remain available for convenience. Plan your bank visits accordingly.

16 year old student married 25 years old girl; After marriage breaks down she asks for maintenance which he denies on the ground of being a student; HC rejects his case on this ground and orders him to pay Rs 2,500 maintenance to wife.