Investment

5 parameters to check while you buy mutual fund schemes

5 parameters to check while you buy mutual fund schemes

When it comes to choosing the best Mutual Fund scheme, many investors find it difficult to compare between two MF schemes. On the basis of your objective, you can choose the best Mutual Fund Scheme. If you are taking the help of a Financial Advisor, always check your portfolio on a regular basis, so that you are aware of where your money is invested? In which scheme the fund manager has invested your money (such as Debt Schemes, Equity [...]

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Best tips to Save Money on your General Insurance Premium

Best tips to Save Money on your General Insurance Premium

When we talk about General Insurance, it’s all about the Insurance products such as Health Insurance, Motor Insurance, Travel Insurance and Personal Accident Insurance etc. The domain of Insurance coverage is divided into two categories – Life Insurance and General Insurance. Life Insurance products don’t come under General Insurance. There is a short-term period contract between the insurer and the insurance company for all General Insurance products. For which the Insurer has to pay an amount as a premium [...]

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How NRIs can invest in mutual funds in India

How NRIs can invest in mutual funds in India

Most Indians migrate abroad in search of better opportunities. Unsurprisingly, many harbor the dream of coming back one day. A majority has dependents in their home country. In such scenarios, making investments in India is inevitable. But according to Foreign Exchange Management Act, NRIs (Non-resident Indians) can invest in Indian mutual fund scheme. A mutual fund in your home country can give you a diversified portfolio with the desired mix of debt and equity securities. Even if you are risk-averse and want a [...]

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SIP flows may face a hiccup or two

SIP flows may face a hiccup or two

According to the report of UBS, the bulging SIP book, which expected to provide sustainable long-term domestic funds flow, may not be as sticky as widely believed. The moderation in the SIP flows may have huge repercussions for valuation of small and midcap stocks. The survey by UBS shows that investors are open to stopping fresh investments. And even redeeming SIPs due to various catalysts and the ‘sticky’ trend so far in SIPs may be vulnerable in case of [...]

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Understand traditional and non-traditional Life Insurance investment plans

Understand traditional and non-traditional Life Insurance investment plans

Traditional insurance policies are of two types — participating and non-participating. Participating policies: Before starting investment, a smart investor needs to understand the pros and cons of the plan therefore traditional & Non-traditional Life Insurance Plans come with their pros and cons. Traditional policies are a low-risk investment product. These policies mostly invested in bonds. In the Traditional plan, customers get a guarantee (Partial or complete) on the cash flow, they receive over the time-period of the policy. A participating policy enables [...]

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Know your duties as a policyholder, while you buy an Insurance Policy

Know your duties as a policyholder, while you buy an Insurance Policy

An insurance cover is often not as simple as it sounds. With the growth of the internet, there is a variety of insurance coverage available to compare in the market. They offer different types of offers and discounts. And because of these lucrative offers sometimes we miss out some of the important aspects of what we are buying. The Insurance Regulatory and Development Authority ( IRDA) has also laid down some attributes of a smart policyholder. At the time of buying [...]

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Mutual Fund investment planning through your post retirement income

Mutual Fund investment planning through your post retirement income

In India, old age, retirement, and pension are terms that are used almost interchangeably. Hence, it should not come as a surprise that for retirement planning, the conveniently named pension plans offered by insurance companies are hot favorites. In fact, most retirement planners choose these products simply on the basis of their limited understanding of how these products work. The truth is mutual funds have historically outperformed pension plans in the long term. And retirement is a long-term savings [...]

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7 Reasons ELSS are Better Than Other Tax Saving Investments

7 Reasons ELSS are Better Than Other Tax Saving Investments

The introduction or rather reintroduction of long-term capital gains taxes on equity mutual funds including ELSS(equity-linked savings schemes) has made some novice investors a bit jittery. A lot has already been written and said about long-term equity gains taxes on equity schemes. In short, considering the potentially high returns, Rs. 1 lakh annual gains taxation threshold. And the grandfathering of returns till 31st January 2018, equity schemes still hold the edge over competing investments. This also holds true for ELSS funds that investors [...]

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6 steps towards your financial freedom

6 steps towards your financial freedom

Our 72nd Independence Day is now behind us! It has been nearly three-quarters of a century since our country has been free from the British Empire. We are free to live our lives the way we want to, within the confines of legal jurisdictions, of course. We can make our own decisions and choose our own paths. We are also free to use the resources of our country for our own good. Yes, Independence Day is a day we [...]

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This Independence Day take a step towards your financial freedom

This Independence Day take a step towards your financial freedom

For parents, there was a time when grown-ups and working sons were synonymous with both financial freedom and security. But with changing times and new social structures, that concept of financial security has become almost non-existent, at least in most of urban India. Other than raising their children, parents themselves have to think about their post-retirement financial security. And with the demand and popularity for such approaches increasing, there are financial planners and advisors who are there to help. Here is [...]

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