Planning to invest in mutual funds? Then it’s better to not choose a bank but a financial company that specialises in asset management, such as a fund house. You can safely invest in a reputed asset management company (AMC) because… Read More
What Are Hybrid Funds and How to Select the Best One for You?
When building your wealth creation portfolio, it’s always important to identify assets that suit your risk versus reward appetite. For instance, if you invest primarily in equity, you are likely to get a higher rate of returns. On the downside,… Read More
6 Myths You Should Know Before Investing in ULIPs
Savings and insurance make critical aspects of a solid financial plan. A ULIP scheme is one such unique offering that includes these components. Short for Unit Linked Insurance Plan, a ULIP policy invests a part of your premium in life cover and… Read More
5 Steps to Successful Financial Planning for Urban Women
In the past decade, many women residing in urban areas have taken steps to become financially self-sufficient. Such a positive change should be supported with financial planning that ensures a successful outcome in future too. One such investment instrument that… Read More
11 ULIP Charges That You Must Know Before Buying A ULIP Plan
A Unit-Linked Insurance Plan or ULIP Plan is an investment avenue that provides the dual benefit of life insurance protection and market-linked returns. It is a financial product that serves dual purposes of insurance and investment and is the main reason for… Read More
A Quick Guide on Monthly Income Plans
When you want to live a relaxed and stress-free life post retirement or even during your working years, relying only on your savings will seldom be enough. While savings are essential to prepare for a rainy day, investing your money… Read More
Different Tax Benefits on ULIP plan for NRIs
NRIs or Non-Resident Indians are Indian citizens residing outside India temporarily. NRIs hold a passport issued by the Indian government and are eligible for all benefits as applicable for Indian citizens. NRIs also have the right to invest in India… Read More
Financial Planning for Securing Your Elderly Parents
For working individuals supporting their aged parents, the medical expenses will require due attention, hinting at a much-needed revision in the financial planning process. To prevent a vulnerable financial situation for senior parents, in addition to an income builder plan,… Read More
Four Ways You Can Determine Surrender Value of Your ULIPs Fund
ULIPs or Unit Linked Insurance Plans are hybrid investments that offer a combination of insurance and investment under a single plan. If you stay invested in a ULIP plan for a long period, you can protect your family against uncertain events in… Read More
Have You Considered Term Insurance a Part of Your Tax Planning
The affordable life cover, extensive sum assured, choice of riders and uncomplicated coverage remain the most attractive features of a term policy. There is another thing that you can benefit from greatly when you purchase this insurance plan. And that… Read More