While you focus on equity mutual funds for wealth creation, let us also look at how debt funds can play a bigger role in your portfolio.
Here are some easy to execute ideas that can help you avoid a high cost loan such as credit card loan or personal loan.
Mutual fund products can help you to accumulate money to pay for long term goals. You can be a regular saver in these to ensure that you remain on track to your goals.
Mr. Mutual Fund writes to the finance minister with his wish list for Union Budget 2016.
NPS as a retirement tool has become attractive with low cost, flexibility & long term higher growth due to equity component. While NPS is highly recommended, one also has to see the age of entry & likely corpus accumulation to have a meaningful pension.
Systematic withdrawal plan can help you take home a fixed sum of money in a tax efficient manner.
Focus on your money matters can help you prepare better for the dream of financial freedom.
Life goals do change at various stages of life. These should be treated as triggers to revisit your financial plan and change your SIP
Balanced funds offer exposure to both debt and equities. While equities offer to beat inflation, debt offer much needed stability to the portfolio
Mutual fund investing makes money in long term. It is better to take SIP route after taking stock of your goals, risk profile and financial status
Liquid funds can help you park your short term funds and earn money market returns. These mutual fund schemes come at very low risk
After an eventful 2014, MF investors can expect better times ahead in 2015.
It is noticed that one does not claim all the tax benefits available. As an example, Leave Travelling Allowance is most often neglected. Many employers allow Sodexho Food Coupons but not opted by everyone
Having an emergency corpus helps to financially manage a job loss, illness, accidents and so on. The corpus should help you survive the contingency. So the corpus size can be 3 months to 18 months of the monthly expenses, which one needs at minimum to survive.
Every individual has a unique situation but here are some generic guidelines when one can consider liquidating their MFs.
We often hear our client‘s saying that â€œI don‘t need to take Health Insurance separately as I am getting covered by my Companyâ€. Well, we strongly recommend you to consider a secondary health insurance for six reasons