Outlook Money has remained India’s No.1 personal finance magazine for the last 25 years, delivering accurate, insightful, balanced and practical information to our readers that is easy to understand and implement. Since our inception in 1998, we have focused on consumer interest and benefits. We empower our readers by giving in-depth analysis and credible information on investments, insurance, taxation, banking, financial planning and all things related to your household budgets and financial goals. We are not an investment-only magazine, though stocks and mutual funds inevitably form a significant chunk of our content, because we are concerned about the overall financial well-being of individuals and not just wealth creation.
COSTS, THEY ARE A-CHANGIN'
Disciplined Habits
Outlook Money
The Cost Of A Career • The cost of education is going through the roof. Know how much it will cost you and the strategies to cope with it
THINGS TO KEEP IN MIND
HOW MUCH MONEY YOU WILL NEED FOR YOUR CHILD'S HIGHER EDUCATION • If your child is in school, you can start planning for their education now. We give the corpus you will need when your child turns 18, depending on the course she chooses. We have done calculations for three sets of parents whose child is either 3, 7 or 11. Education inflation has been assumed at 10%, while growth in savings is assumed at 12% for investing tenure of 10plus years, and 8% for 6 years.
WHAT TO DO IF YOU DON'T HAVE ENOUGH SAVINGS?
IN THEIR OWN LEAGUE • Parents of children who are exceptional at sports need to fight not just a traditional mindset but also face the challenges of finding the right launchpads. Besides, they need to save enough to help their children achieve their dreams
SHIELD AGAINST SCREEN • Excessive screen time and unhealthy eating habits are putting children at risk to diseases linked to a sedentary lifestyle. Being a little careful about our daily practices and keeping a health fund at hand can help fight this vulnerability
10 STOCKS TO LIGHT UP YOUR PORTFOLIO • With corporate earnings soaring and domestic investors growing wiser, there is a feast of opportunities waiting for investors this Diwali even amid geopolitical tension that has led to volatility. We bring you 10 exclusive handpicked stocks by top brokerages that you may consider to light up your stock portfolio
GUJARAT ALKALIES & CHEMICALS
GRASIM INDUSTRIES
BIRLA CORPORATION
MAYUR UNIQUOTERS
E.I.D.-PARRY (INDIA)
DEEPAK FERTILISERS & PETROCHEMICALS
ICICI LOMBARD
ICICI PRUDENTIAL LIFE
RAYMOND
TATA MOTORS
ISRO'S MOONSHOT: A LESSON IN PATIENCE AND PERSISTENCE FOR EVERY INVESTOR • The ISRO's Chandrayaan-3 success is a lesson for mutual fund investors because it epitomises the wisdom that every failure is a stepping stone to success.
Why Is India Saving Less? • Recent data released by RBI revealed that the net savings of households dropped to a five-decade low, leading to concerns about lifestyles and preferences in recent times
MAX LIFE PRESENTS BHAROSE KE ADVISORS • Discover the inspiring journeys of the trusted life advisors of Max Life who are the difference in their customer's lives by providing tailored financial advice and adopting a customer centric approach.
ICICI Pru Balanced Advantage Fund
Retire Right • PLAN WISELY, INVEST SMARTLY, SPEND CAREFULLY
‘Indian Market Remains Resilient Amid Global Economic Challenge’ • The volatiltiy in the Indian equity market is making investors jittery about returns. But those who stick to their long-term goals will emerge victorious. In an interview with Outlook Money, Neelesh Surana, chief investment officer, Mirae Asset Investment Managers (India), advises systematic investments to...