Overnight funds back in demand as interest rates start to firm up

Overnight funds back in demand as interest rates start to firm up | Economic Times

Overnight funds back in demand as interest rates start to firm up https://ift.tt/vxMeAHl funds - considered the safest category among debt mutual funds - are witnessing fresh interest from investors looking to shuffle their portfolios. With the stock market facing headwinds and interest rates expected to rise further, investors are parking money in overnight funds, where returns have increased to almost 5% from an average of 3% a few months ago.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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