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Many investors would be cheering those who had already invested in debt mutual fund schemes over the past year. They would have earned good returns thanks to frequently rate cuts by the Reserve Bank of India (RBI) over the past year. Many still expect interest rates to continue to move downward, over the next fiscal […]
Many investors tend to get a pension plan from an insurance company for converting their nest eggs into regular income for their sunset years. Some would be thinking to buy a pension plan for their retirement years. Unfortunately, they prey to fall into the trap of the “guaranteed pension for life” without realising that these […]
When you invest in bank fixed deposits (FDs), you know very well that the interest income is subject to tax as per your tax slab. When you buy tax-free bonds, the rules are also easy to know. Your interest is tax free. But when you invest in any insurance policy for getting a tax deduction […]
A lot of investors have been investing online on mutual fund schemes through demat account. They are prone to think that it is compulsory to have a Demat Account for transacting online mutual fund schemes. However, large number of eager investors who would want to invest through a demat account for transacting online mutual funds […]
You are well familiar with a way of investing in Mutual Funds monthly through Systematic Investment Plan (SIP) where a fixed amount of money goes from your Bank Account to any Mutual fund schemes. However, SIP is meant for those who have regular stream of inflows, especially salaried individuals, they used to earn every month […]
It is undoubtedly that modern consumer culture is full of traps that lure us buying so many things we don’t really need. But that’s we are only half of the problem. At some point, we stopped being Indian citizen and start being first and foremost, Indian consumers. If we want to take control of our […]
Gone are those days when you called up your agent and told him you want to invest into mutual funds. He filled up the various forms of respective mutual funds companies and submitted with their respective AMCs. This is a classic way of investing in India since long time and still going on. This type […]
Financial Planning cannot work without financial literacy. Financial literacy is not merely the knowledge of financial services and products; it is about your financial attitude and behavior so that you could have ability to make self-informed financial decisions regarding planning, saving, investing, protecting, borrowing and much more. Financial literacy is not rocket science and it […]
There is another big round of much awaited event the Union Budget 2016-17 was announced where stock market is celebrating, aam tax payers are crawling and farmers are happy in some extent. This time, FM is tried to tinker with sensitive long-pending old tax provisions which caused chaos. Every year salaried class tend to have […]
Ramesh is worried about to make fresh investment as interest rates going southwards, which is bad news for many savers , including senior citizens. Being a conservative investor, he has never looked beyond fixed deposits for his savings. Ramesh keeps evaluating bank FD interest rates for locking his funds for more than five years. But […]
