If you prefer doing lump-sum investments and are absolutely sure about not redeeming before maturity, you could look at close-ended funds.
The insurance benefits are shared among the group members, and the total cost of a floater plan is typically lower than covering each family member individually
If the realized inflation for next year is closer to the expectations policy makers then won’t be in a hurry to hike interest rates as real rates will be around 1.5% which is reasonable to support economic growth.
Market reaction, in terms of yield level, has been decisively positive
If you don’t file ITR, the belated return could lead to extra interest at 1% per month for the remaining tax payable by you.
Most of us do get their increments at this time of the year which can be used to make an informed insurance buying decision.
If you don’t value the money, it’s not going to stay with you in a long-term.
You need to define your financial goals and investment objectives. All investments must be made with a purpose in mind.
Opportunity cost of money is value of an option that must be given up for alternative option
Balanced Funds have an overall equity spread of almost 65% either in the large, mid or small cap stocks.
The income tax return may also be required as documentary evidence for any application for visas or for loans, etc.
It is an investment scheme structured to defraud investors.
A will will not only help your heir, it will also give you peace of mind that your assets shall go in right hands at right time.
A market correction is a normal phenomenon, which usually happens at regular intervals. Such corrections in structural bull markets are good as it helps to get away with froth from the stock market.
The health insurance plan that is most apt for you should be determined by your and your family's needs.
Our lifestyle is not static, it evolves over time. Our income is one of the main determinants and our aspirations further influence it.
Insurance covers can help save your hard-earned money in times of distress and can be a security net for a rainy day
Here are some interesting reads in the personal finance space
If you are going to open a PPF account at the last minute or going to buy an investment product issued by a life insurance company, you are going to commit payments in future
While filing ITR, it is always better to keep few things readily available with you like - Aadhaar number, PAN Card, Bank details and other investment documents
A PPF account can be opened at your nearest post office or leading banks and of late this facility is available online as well.
Form 26AS, also known as Annual Statement, is a document that provides details of TDS, refunds associated with a PAN in a particular financial year
Provident Fund accumulation is long-term saving intended to act as a corpus for retirement.
By creating a trust structure and holding shares of the companies in the trust, a family can avoid potential problems of control, management and continuity of a business.
Knowing only the category of funds and investing money can help you achieve your goals but, it will not give you confidence in selecting the right funds.