“…In the recent past, MFe 2 O 4 -type spinel nanoferrites (M: divalent metal cation) have been at the forefront of research because of their fascinating magnetic and electrical properties at a finite length scale. − These nanoferrites hold great promise for advanced futuristic technological applications, viz., magneto-optical devices, spintronics to ultra-high-density data storage devices due to their very particular transport, spin polarization, and magnetic and spin-magnetic properties. ,, In these nanoferrites, the complex interplay between the crystal chemistry, cation distribution, and their associated spins can lead to exotic magnetic phenomena, viz., colossal magnetoresistance, magnetoelectric coupling, metal–insulator transition, and the quantum Hall effect. ,− Among all MFe 2 O 4 -type spinel ferrites, Ni 0.5 Zn 0.5 Fe 2 O 4 is one of the most versatile and technologically indispensable soft magnetic materials, which shows significantly high magnetization, high resistivity and permeability, and a high FMR frequency with quite low losses, and all of these properties are essential for their high-frequency applications. , …”