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Ask Mint Money | Shift from equity to debt a year before you need to ...

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I have invested about Rs10 lakh in equity mutual funds (MFs) through systematic investment plans (SIPs) over the last two years. I have an additional Rs10 lakh in my bank savings account that I don't need for the next three-five years. Where should I invest? I did some research online and put Rs5 lakh out of the Rs10 lakh ...

Ask Mint Money: If not co-owner, no tax benefit for co-applicant on ...

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My husband bought a house jointly with his mother five years ago and has been paying the equated monthly instalments (EMIs) for the home loan taken for the same. We got married last year and now I am also getting my name added in the home loan as co-applicant. Can I also claim tax benefits up to Rs1.5 lakh (along ...

Ask Mint Money: Interest paid on education loan can be claimed for tax ...

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I want to pay off the loan at the earliest which has Rs. 15 lakh outstanding with six years to go. What investments should I opt for?

Ask Mint Money: Invest in a sectoral fund only to supplement your core ...

www.indiainfoline.com
This rule applies more for people who are nearing retirement since the risk to the capital should be minimized with the diminishing future earning capacity.
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