To ensure that all schemes launched by mutual funds are distinct in terms of asset allocation and investment strategy, SEBI proposed categorisation and rationalisation of mutual fund schemes.
A debt fund carries low risk in comparison to the equity oriented mutual fund, but they are not totally risk free as many people think.
A term policy can help your family get financial support after your death. Term policy provides pure insurance cover with no investment benefits.
Instead of increasing an EMI amount to pay off the housing loan quickly, the same amount can be parked in any equity mutual fund in an SIP.
The whole point of investing is not to earn more money than average, but to earn enough money to meet your own needs.
To manage your finances well you need to understand your cash flow positions, responsibilities, goals, risk tolerance and taxation profile.
Investors should adopt an asset allocation approach towards equities, with exposures across all categories.
A recent observation from ClearTax on the financial approach and discipline of their women customers shows, women are close to beating men at this investment game.
It is essential that women take an active interest in their finances and are involved in planning their finances.
Without getting worried about the market sentiments, investors should remain invested in equities with proper asset allocation strategy.
Mumbai ranks 47th on the ‘city wealth index’ among 314 global cities. Only 23 per cent wealthy Indians are interested to invest in property in India compared to 43 per cent globally.
If you are carrying a smartphone, you can link your EPF account with Aadhaar easily.
Fixed Maturity Plans offer better post-tax returns as compared to fixed deposits and other short-term debt funds. This is possible due to the indexation benefit.
Investment for up to Rs 1.5 lakh in ELSS can be claimed for deduction under Section 80C of Income Tax Act.
Most of us know it and can use it but rarely think about it in detail.
A clear understanding of your cash flow requirements helps you achieve effective asset allocation for your financial goals.
The much-awaited meeting of the Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) during the week suggested an interest rate of 8.55 percent for 2017-18 on provident fund balances, a 10 basis points reduction over the previous year’s 8.65 percent.
Despite the falling rates, EPF still holds saving advantage over other retirement savings fund.
Only in times of economic uncertainty or high inflation does gold attracts world’s attention.
Making investment decisions just based on the tax advantage has never been a good idea.
Long-term investors benefit hugely in midcaps. Overall, midcaps tend to go through high volatility but, at the end of the day who has remained a long-term investor has amassed considerable wealth.
Investors who don’t want to be part of this excessive fluctuation in the short term can use debt funds and fixed deposits as investment options.
There were some serious concerns about the rise in fiscal deficit when the government touched 112% of its full year fiscal deficit target for fiscal 2017-18 by November 2017 itself.
Here are five quotes of the great investor – Warren Buffett that may help you to create wealth in long term.
Keeping money lying idle is not the best thing to do. If you are a risk-averse investor, fixed deposits and liquid MFs are the best options. Here are some tips that can help you decide your investment plans.