Personal Finance | AmbitionBox

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hukumamatata

1yr

works at

These Flexi Cap Funds gave the HIGHEST returns in the past 10 years 💹Quant Flexi Cap Fund (23.72%) 💹Aditya Birla Sun Life Flexi Cap Fund (17.56%) 💹HDFC Flexi Cap Fund (17.52%) 💹DSP Flexi Cap Fund (17.12%) 💹Canara Robeco Flexi Cap Fund (15.30%) 💹UTI Flexi Cap Fund (15.12%) These are the names with the 10-year-returns % I found from AMFI If you have say 5 lakhs to invest in these funds. Will you put it all in No.1 of diversify? Need your advice here guys.

tallented

1yr

works at

Myntra

Was doing some market research. Figured that the market increases steadily 6 months before elections in most years. I don't thing the market will crash anytime before the elections.

What's your take? What'll happen before the elections?

Market will crash

Market won't crash

Can't time the market

13 participants

.

poll closed

gracefulninja

1yr

works at

Intech Creative Services

(unverified)

Can I claim HRA and Home loan if I live in the same city as Rented hous?

energeticwhiskey

1yr

works at

TJSB Sahakari Bank

(unverified)

Can someone tell me about the work culture @upgrad mumbai office finance department??

leadersheep

1yr

A Team Lead

The stock that made Rakesh Jhunjhunwala rich - TITAN! Bought 6 crores shares at Rs.3/unit in 2003. Now, it's valued at Rs.11,000 crores in 2022. That's 80,000% returns for you. 📈 Have you invested in Titan yet? Lemme know in the comments. #StockMarket #Investing #PersonalFinanace

hukumamatata

1yr

works at

Infosys

Finfluencers will never tell you about this mindblowing scheme 🤯 POST OFFICE MONTHLY INCOME SCHEME (POMIS) 🤑 Interest rate: 7.4% Minimum investment: Rs.1000 Maximum Investment (individual account): 9 Lakhs Maximum Investment (joint account): 15 Lakhs Lock-In Period: 5 years Safety: 100% (government plan) USP: 7.4% of your investment will be sent to your bank account every month! So, if you invest 15 lakhs, you'll receive about Rs.9,250 per month for 5 years while the 15 lakhs stay intact.

hukumamatata

1yr

works at

Infosys

What's the goal you'll be saving up for in 2024? Read in a post on this platform that goal-oriented savings makes one save more. Really interested to know your financial stories. #FinancialGoal #Goal-OrientedSavings #MoneyMakingTips

hukumamatata

1yr

works at

Infosys

At 14%, India has experienced the highest medical inflation rate in Asia! Unfortunately, only 15% of the Indian working population receives medical insurance support from their employers. Do you think the Indian government should make it mandatory for companies to give medical insurance to their employees? Is health insurance enough?

gurugrind

1yr

An Assistant Manager

Who's your favorite #FinFluencer or Finance Influencer? Drop the names in the comments. Will follow if not following already.

leadersheep

1yr

A Team Lead

What's the best vehicle to save your emergency fund?

Keep liquidity, risk & interest in mind before you answer.

Savings Bank

Liquid Mutual Funds

Fixed Deposit

26 participants

.

poll closed

leadersheep

1yr

A Team Lead

What are 3 things the Indian youth is wasting money on that the older generations didn't?

lejhand

1yr

A Quality Assurance Specialist

After consuming personal finance knowledge like a cookie monster, here are 3 very general but important concepts I've learned that are not spoken about enough within the community: 1. Undervaluing youth (twenties and thirties). 2. The best way to save money is to increase your income. 3. Your income increases with age.

hukumamatata

1yr

works at

Infosys

Best #MoneySavingTip - Bulk Buy! 💰 I save around Rs.1000/month on groceries by bulk buying - - During sales like the Great Amazon Festival - Buying from wholesale marketplaces like Metro Cash & Carry (You might need a trade license to register & shop. I used by friends') #PersonalFinance #MoneySavingTips #BuySmart

online123123

1yr

works at

Self Employed

What are your top fears in a job interview?

lejhand

1yr

A Quality Assurance Specialist

Has any one of you invested in TATA power? Today, the share price has touched a life-time high of ₹298.60 per share, delivering over 60% return in FY24. Around March it was at ₹185 a piece.

leadersheep

1yr

A Team Lead

India has always been seen as a very price-sensitive market. Yet, 70% of iPhones purchased in India are on EMI! Are we becoming more and more like the West where people show off while taking loans upon loans? Or, have we understood the full potential of credit cards and are reaping the full benefits of EMI?

naamnahisunahoga

1yr

A Financial Analyst

When it comes to mutual funds, do you prefer to invest in lumpsum or SIP? Why?

hukumamatata

1yr

works at

Infosys

How many of these have you/will you invest in?

naamnahisunahoga

1yr

A Financial Analyst

Do you think buying a car would be a good investment for someone who commutes to work daily? Location: Noida CTC: 14LPA #AskingForAFriend

hukumamatata

1yr

works at

Infosys

When you attach meaning to your savings, you save more. Let me explain. So, there was a study where 2 groups were asked to save money every week. One group put the saved money in envelopes with their kid's pictures. While the other simply kept it separately. The group that saved in the envelope, saved about 12% more money than the other.

lejhand

1yr

A Quality Assurance Specialist

The markets are rising, what kind of investor are you going to be in this environment? As for me, I am trying to avoid the "recency bias" and focusing more keenly on the historical performance of stocks (at least over the past 10 years).

hukumamatata

1yr

works at

Infosys

Are you all keeping a walking away fund? It's like keeping enough money to cover 3-6 months of your expenses so you can leave a toxic job whenever you want. Please fill me in. How much have you kept in that account? Can it make me more rash when it comes to career decisions? #FUMoney #WalkingAwayFund

lejhand

1yr

A Quality Assurance Specialist

I remember reading somewhere that quoted Bezos saying "The stock is not the company, and the company is not the stock". Yet, have you or will you invest in Nvidia?

leadersheep

1yr

A Team Lead

Do you think getting degrees upon degrees is a way to hide from the reality of life - joining the workforce? I know of so many people, especially women, who will be pressured or even choose to do a master's degree to be more eligible in the marriage market. And, then they never join the workforce. Financial independence should be a goal for everyone, especially women in this country. No? 🤔🤔

naamnahisunahoga

1yr

A Financial Analyst

Up and above! 🚀💹 Which are the stocks are you investing in before the elections?

gurugrind

1yr

An Assistant Manager

Hi AmFam, need financial advice from y'all. What %age of salary/income should be paid in rent? 💰🏠 Just trying to get a good estimate so I know I'm not overspending. Don't have co-workers to ask this from coz #FreelanceLife

hukumamatata

1yr

works at

Infosys

What's something you've stopped buying that's helped you save more? Even if it's by a very small margin, I'm eager to know.

hukumamatata

1yr

works at

Infosys

The central bank has increased the risk rate for unsecured loans. So, prepare to pay higher interest on personal loans, missed credit card payments, and likes. Do you think this is a fair move?

kyachahiye

1yr

A Software Developer

This is the best time to invest in sustainable energy.💸📈 India has launched its 1st "Green Busses" that run on hydrogen fuel cells on 26th Oct! 1. These buses will be trial-running across Delhi NCR for over 3 lakh km 2. Made by TATA Motors, they release only water, not pollutants 3. The Indian Oil Corporation's R&D Centre at Faridabad is producing the hydrogen fuel for the trial 4. The global demand for hydrogen is projected to surge 4-7 times by 2050 How's the performance of sustainability stocks if you've invested in any? 🤔

hukumamatata

1yr

works at

Infosys

Ok so, 61% of American millennials said they would rather spend money on "life experiences" now than save for retirement in a 2023 Bloomberg survey. What're you doing? Started saving up for retirement or spending on life experiences? Please answer with your age (if possible).

gurugrind

1yr

An Assistant Manager

Office leasing in India's 9 major cities increased by a jaw-dropping 33% YoY. And, the BFSI sector accounted for 29% of total leasing. Indian banks, fintechs, and insurance firms are expanding like crazy! It is a great idea to invest in commercial spaces right now. Even if you can afford it only in tier-2 cities, the potential for returns on your investment is very promising. Agree or disagree? Comment, please.

leadersheep

1yr

A Team Lead

Since schools don't teach about taxation, here's something that can help beginners understand how to save tax. Wish I had this when I had joined the workforce about 4 years back. Took me at least 2 years to figure things out. #TaxSaving #SaveTax #SaveSmartly

excellentlythyme

1yr

ex -

Info Edge

What percent of my income should I ideally save & in which investment option to retire at 40 if the current salary is 1 Lakh in hand & age is between 25-30 yrs?

naamnahisunahoga

1yr

A Financial Analyst

Do you spend your money more on experiences or material goods? Read some study that explains money can actually buy you happiness when you spend it on experiences.

hukumamatata

1yr

works at

Infosys

Underrated Personal Finance Tip 🫰 Get a REWARD CREDIT CARD! And, put as much spending as you can on that credit card. Comment if you need recommendations of the best reward cards I've used so far(Only Indian).

satinbaiji

1yr

works at

Info Edge

Heyy AmFam! Need your best suggestions. What are some really good ways to use the Diwali/Dussehra Bonus? ✨ Thanks in advance. 🙏🙏 #Bonus #Fintellectual #PersonalFinanceTips

graemeswann

1yr

student at

Jamia Milia Islamia (JMI)

Has any of you tried learning how to day trade? What are your top go-to resources for the same?

cheeku

1yr

A Team Lead

What books on day trading have had a great impact on your P&L?

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