Focused equity funds follow a similar investment philosophy by maintaining a tight portfolio of not more than 30 stocks. Their aim is to hit the bull’s eye with the right stocks (bought with high level of conviction) and earn a higher return.

Pets – be it dogs, cats, birds, turtles or rabbits – are adorable and bring unconditional joy into our lives. Many of them don’t cost much to purchase. However during its lifetime its owner shells out a considerable amount.

Here are the signs which will let you know if it’s your income to blame. A combination of some of these signs will establish the need to prop up your income levels.

Among the five broad categories, SEBI bunched schemes into further sub-categories to bring uniformity in their features. Such classifications have made comparisons easier for investors. However, there are some fund types that investors can safely ignore.

How to know if you are spending more than necessary on your clothes?

Assuming eight percent inflation, medical costs could quadruple over the next two decades. A surgery that costs Rs 4-5 lakh today could become Rs 20 lakh over the next two decades. While a cover between Rs 5-10 lakh is adequate for a young family today, it needs to be regularly topped-up – to match the rise in health care costs.

What could explain the difference between fund and investor returns?

People like Shekhar are increasingly capitalising on the rise of the sharing economy. It’s not just house, but furniture, washing machines, TV, wedding jewellery, iPhones and pianos that are increasingly being taken on rent.