7 insurance lessons to learn from the game of cricket
IPL season is about to start and all the cricket lovers are eagerly waiting to see their favourite players and teams to compete and win. The first match is on September 19 between Mumbai Indians and Chennai Super Kings. Enthusiasm and excitement can be seen among people as it will be a great source of entertainment amid COVID-19. Sitting at home following all the precautions of social...
Know Your Expenses During Mutual Fund Investment
Mutual Funds are great investment options that allow you to experience the return potential of the capital market and that too at very little investments. However, they come with associated charges and hence one should know the types of such charges on the scheme before investing. The expenses associated with a mutual fund scheme are either one-time charges or recurring charges. The expenses...
How to pick stocks on the basis of P/E ratio?
Investing in stock market gives you an opportunity to accumulate wealth in the long run. Everyone would want to grow their wealth and equity market is the only asset class which helps you to earn high returns. Not only it gives you the opportunity to earn high returns but also tax efficient returns. But a major problem that most of the investors face is how to pick stocks. Although you are...
Benefits of Investing in Debt Mutual Funds?
Debt mutual funds invest in fixed income securities like bonds, treasury bills, government securities, Money Market Instruments, and any other debt instruments. Such debt mutual funds are available in the form of Monthly Income Plans (MIP), GILT funds, Fixed Maturity Plans (FMP) etc. Debt Mutual Funds are different from regular equity mutual funds and offer various other advantages...
8 Real Facts Why People Love To Invest In SIP
Over the years, we have been hearing about the stories of people turning out to be the billionaires overnight, but is it really so? Who doesn’t want to be? Even I want to be one. Well! But the fact is that tycoons like Warren Buffett, have actually built their own empires with investments on buying right and sitting tight. Having said that; let me ask you, what are your financial...
The Five Secrets You Never Knew About Mutual Funds
Mutual funds are the instruments which are included in everyone’s portfolio. It seems quite convenient for those who do not want to jump in stock market directly. Since mutual funds are professionally managed and fetch reasonable returns adjusted to risk appetite (as per the investment strategy of the fund), they have become investor’s favourite, be it conservative or be it aggressive...
Things To Know Before Starting An SIP
SIP i.e. Systematic Investment Plan is a great way to make more money in the long term and short term period. Many people start the SIP to fulfill their future goals, like buying a big house, going on a vacation abroad, saving for retirement or buying a luxury car, etc. There are many other reasons to starting a SIP. However, before starting a SIP you should know the essential things about it...
Top 6 things to avoid while investing in ELSS funds
An open-ended scheme, whereby funds have no restrictions on the number of shares issued and capital is allocated in a diversified way leads to mitigate the loss. ELSS funds are considered to be a good option to invest as money is diversified and it is also one of the “best tax savers”. ELSS is popularly captivating it’s a share in the current market, in terms of onboarding the investors...
Creating Wealth By Doing SIP – Power Of Compounding
Kanika is a 27-year-old, HR Manager in a bank, and is living with her husband Suresh, who is 31 years old, and her newborn baby girl Alia. Kanika wants to make sure that Alia’s future is not compromised on, as she has big plans for her. So she wants to start planning for it now. She approaches her adviser and gives him the relevant details of her plan. After much analysis, he tells Kanika,...