The FY27 Starter List
A new financial year is a natural reset point. Here are 10 actions that have an outsized impact: (1) Update your nominee on all financial accounts — bank, mutual funds, insurance, EPF; (2) Review and step up your SIPs by 10–15%; (3) Check if your emergency fund is still adequate after any new EMIs; (4) Renew or review health and term insurance; (5) Compare your EPF UAN with employer filings.
Tax and Investment Actions
(6) Choose your tax regime for FY27 before your employer asks — don't default; (7) Max out 80CCD(1B) via NPS for the additional ₹50,000 deduction; (8) Review your portfolio asset allocation — a strong equity market may have tilted you beyond your intended equity percentage.
Administrative Essentials
(9) Link PAN-Aadhaar if you haven't done so (penalties are now significant); (10) Review your credit report from CIBIL or Experian — errors are common and free to dispute. None of these take more than 30 minutes individually, but collectively they make a meaningful difference.