How to Maximize ULIP Return?

A unit-linked insurance plan (ULIP) is an insurance-cum-investment tool that can help earn returns. The returns can be used to finance various long-term goals like higher studies, marriage, travels, home renovation, wedding costs, retirement and more. After choosing the best ULIP plan, you must follow some other steps to boost your returns. Here are aContinue reading “How to Maximize ULIP Return?”

What are the Different Types of Debt Funds You Can Invest In?

Debt funds are a popular investment option for both new and seasoned investors with a low-risk profile. Aside from the low risk, debt mutual funds are appealing due to their flexibility and consistency in earning fixed income. These funds are further categorized depending on their various assets’ investments and maturity period. For more on debtContinue reading “What are the Different Types of Debt Funds You Can Invest In?”

Starting Your Retirement Planning At Every Age

The rule for retirement planning is that you need to be an early bird to save more. As you age, your financial priorities can change. Therefore, you must factor in the cost of living now vs in the future, inflation, and healthcare expenses. Read on to know how you can plan your retirement at differentContinue reading “Starting Your Retirement Planning At Every Age”

Guide For First-Time Investors In Debt Funds

Governments prefer bonds that are referred to as bonds, debt, and fixed income instruments, but they all sound similar. With the exception of equity, a form of shares in a corporation, debt establishes a lender-borrower relationship between two parties. The borrower raises funds by selling bonds, while the investor seeks a guaranteed fixed income byContinue reading “Guide For First-Time Investors In Debt Funds”

Understanding the Key Benefits of Flexi Cap Mutual Funds

SEBI introduced Flexicap Fund on November 6, 2020. These are open-ended dynamic equity schemes that invest across small-cap, mid-cap and large-cap funds. But at least 65% of the fund must consist of equity and equity-related instruments. It can ensure risk-adjusted returns and provide a dual advantage of growth and value along with diversification. So, investorsContinue reading “Understanding the Key Benefits of Flexi Cap Mutual Funds”

How Immediate Annuities Can Help Your Retirement Planning?

Retirement planning involves investing in such a way that you are assured of a steady stream of income in your golden years. And the best way to ensure that is to buy annuity plans which involve a contract between you and an insurance company. You need to either invest a lump sum amount or payContinue reading “How Immediate Annuities Can Help Your Retirement Planning?”

What is Net Worth and Why Should You Know It?

In simple terms, net worth is the amount by which assets exceed liabilities. It is value in cash that you would sell off all that you own and clear your EMIs. It is a metric to evaluate an individual’s or company’s financial standing. Assets can include retirement accounts, cash present in a bank account, mutualContinue reading “What is Net Worth and Why Should You Know It?”

Easy Yet Effective Ways To Save Tax

In order to save tax, we must all engage in tax-saving schemes such as National Pension System (NPS), Public Provident Fund (PPF), Savings Account Certificate (NSC), and so on.  People are always looking for methods to save money on their taxes.  Nobody wants to pass up opportunities to save money on taxes.  Different folks chooseContinue reading “Easy Yet Effective Ways To Save Tax”

Investing in ELSS Mutual Funds: Here’s What You Should Know

ELSS mutual funds or Equity Linked Savings Schemes are the most popular category of Equity funds in India. These schemes predominantly invest in equities and equity-related instruments. Investment in these schemes comes with a lock-in period of three years besides being eligible for tax benefits under Section 80C. These schemes aim to balance the riskContinue reading “Investing in ELSS Mutual Funds: Here’s What You Should Know”

What is Compound Calculator, and How Does it Work?

Mutual funds have become the preferred way for millions of people to invest in the markets. After learning how to start SIP, many investors are opting for the SIP option. Investors can also use a power of compound calculator to evaluate the impact on their investments over time. As we all know, mutual funds areContinue reading “What is Compound Calculator, and How Does it Work?”

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