Short answer: Use a simple rule before every big money decision. For a car, pay 20% down, repay within 4 years, and keep all car costs near 10% of income. Keep total loan EMIs near 35–40% of take-home pay. Pay credit cards in full. Spread your investments. Start retirement saving early. Key Facts The 20/4/10
Last updated: 17 October 2026 Quick answer: Before you save or invest, run seven checks. Compare Sukanya Samriddhi Yojana (8.2%) for a girl child. For a boy, ask about Ponmagan Podhuvaippu Nidhi or PPF (7.1%). Understand NPS tax rules. Read FD penalty terms. Compare insurance claims, not just premium. Check credit card charges. Verify SEBI
Quick answer: Use a credit card wisely by spending only what you can repay. Pay the full bill before the due date every month. Then you earn cashback and reward points without paying interest. If you pay only the minimum amount due, interest starts, and you may lose the interest-free period. Check reward value, redemption
Quick Answer: To sell a large mutual fund holding without a tax shock, sell it in parts over several financial years. Each year, book long-term gains up to ₹1.25 lakh, which is tax-free on equity funds. Gains above that pay 12.5% tax. Spreading your sales cuts your total tax. Key Facts Equity fund units held
Choose PPF for safe, fixed and tax-free returns. Choose ELSS for growth if you can stay invested for five years or more. Choose NPS for a retirement fund and an extra ₹50,000 deduction. You can claim a deduction for all three only under the old tax regime. Many families use a mix of the three.
Quick answer: Most Indian retirees hold 30% to 50% of their money in equity (shares and equity mutual funds). A popular simple rule is 100 minus your age. Your share depends on your expenses, other income, and comfort with market falls. Keep 5 to 7 years of expenses in safer assets. Key Facts Inflation (the
Free mutual fund advice online is usually general. It does not know your goals, your income, your family, or how much risk you can handle. A tip that works for one person can hurt another. Before you act, check who is advising you, whether they are registered, and whether they asked about your goals. Key
Quick answer: When the RBI raises the repo rate, bond prices usually fall. So the unit price (NAV) of debt funds can dip in the short term, especially in longer-duration funds. Equity funds feel a smaller, indirect effect through company costs and market mood. On 7 October 2026, the RBI raised the repo rate to
Short answer: Equity mutual funds pay 20% tax on gains if you sell within 12 months. After 12 months, you pay 12.5% on gains above ₹1.25 lakh a year. Debt funds bought after 1 April 2023 pay tax at your slab rate, the rate on your total income. Holding longer does not reduce it. Key
Quick Answer Yes, most investors should raise their SIP (a fixed monthly investment) every year. A step-up SIP increases that amount each year. For example, a ₹10,000 SIP with a 10% yearly step-up could grow to about ₹33.4 lakh in 10 years. Without a step-up, it grows to about ₹23 lakh (assuming 12% yearly returns,
Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. Before making an investment, please contact the investment expert at Deepak Wealth Framework for designing a portfolio that suits your needs. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
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