A Place For All Helpful Information
Wealth creation is backed by time tested rules. You must have clear financial knowledge and be aware of rewards and risks. Meticulous planning, investing in the right products and being disciplined are other important aspects. Considering wealth creation with easy… Read More
Liquid funds are a type of mutual fund that can provide investors with quick access to their money. They are used to provide investors with quick access to their money. Liquid funds invest in short-term securities such as government securities, certificates… Read More
Buying a house, getting your hands on an expensive new car, retirement planning, arranging funds for your children’s education – in all probability, you too have a financial goals list like this. Some of these are short-term, while others are… Read More
In a fast-paced world like today’s, every working individual has almost no time for themselves. In such situations, it can be quite a challenge to get financial assistance when you require funds for various elements like medical emergencies, weddings, travel,… Read More
It’s that time of year again when we review our financial portfolio. We examine strategies to restructure our investments and diversify the portfolio to get higher returns. However, to do successful financial planning, you must first identify your investment needs… Read More
One thing that the COVID-19 pandemic has taught people across the world and especially in India is the need to develop immunity-both health and financial. While health immunity is important to ward off the severity of various types of infections… Read More
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
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
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
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
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
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
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
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
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
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
The Systematic Withdrawal Plan (SWP) is one of the most commonly used methods to structure a retirement plan. In an SWP, you invest across a wide variety of asset classes such as Unit Linked Insurance Plans (ULIPs) and withdraw a proportionate amount… Read More
Money is a pivotal factor in the purchase of term insurance. Considering this, insurance companies developed a term plan premium calculator to enable a hassle-free analysis. As the name suggests, the term plan premium calculator calculates the total premium payable… Read More
ULIPs or United Linked Insurance Plans are a transparent insurance-cum-investment product that offers the dual benefit of life cover and wealth creation. ULIP investments are highly flexible and come with a lock-in period of a minimum of five years. In a ULIP… Read More
When you think of term insurance, the most obvious reason to buy a term plan is if you are the sole earning member of your family. In such a case, your family members depend on you for their survival and would… Read More
Your regular term insurance serves various purposes, and the most important one is securing your loved ones financially. Acknowledging the complaints that term plans in India are complex, the Saral Jeevan Bima Yojna was launched to provide a pure life insurance cover at highly… Read More
Life is a unique blend of moments packed with uplifting joys and humbling sorrows. Term insurance is a financial tool that helps bear the burden of sorrows. A term plan ensures that your efforts to design a comfortable life for… Read More
The importance of term insurance is touted by financial advisors as it secures an individual against uncertainties that might affect plans and commitments. Investors often weigh term plan benefits against a fixed or recurring deposit. As a term plan is… Read More
The COVID-19 pandemic is unlike anything the world has seen before. Ever since its outbreak, there has been an influx of information about preventive measures one must observe to remain safe. As much as everyone wants everything to be back… Read More
A Unit Linked Insurance Plan, or commonly known as a ULIP plan, is an insurance plan that also lets you invest your money for high gains. A ULIP investment offers a variety of investment options in equity, debt, and balanced funds,… Read More
When you start to curate a financial portfolio, term insurance becomes a priority. It enables you to leave behind a legacy so that your loved ones can continue living their life comfortably even in your absence. As a term plan plays a… Read More
The world of investments can be an unpredictable space. This is why many people still shy away from them and store their money in tools that offer little to no returns. As a result, they are not able to beat… Read More
‘How much?’ is often the question on the tip of every Indian’s tongue whether we are buying groceries or an insurance plan. Finding an answer to this question, especially about term insurance, is an important prerequisite in your quest to… Read More
To maintain your lifestyle, it is vital to ensure that you have a robust source of income – whether that is after your retirement or during your working years (to supplement your primary income source). Investing in a guaranteed monthly… Read More
Planning for the long-term can be tricky. The large timeline can make it hard to pick the right option. Some long-term investments also tend to be less flexible, making it harder for you to take the leap of faith and… Read More
ULIP or United Linked Insurance Plans are one of the most popular investments today. ULIP plans are a wise investment choice because they combine the best features of an insurance plan and a market-linked investment plan. In a ULIP policy, a part… Read More
Term insurance is the cornerstone of efficient financial planning. Financial advisors often recommend working professionals who have financial dependents to invest in a term plan to ensure financial stability against unpredictable scenarios. There is often a misconception associated with buying… Read More
Insurance providers today have a host of options to cater to the diverse needs of insurance seekers. However, amongst the two oldest types of life insurance policies are term insurance and whole life insurance. When you go shopping for insurance, you are… Read More
Aside from its figurative meaning, the phrase ‘health is wealth’ has a very literal connotation for smokers, especially when it comes to buying term insurance. With the tobacco epidemic posing as the biggest public health risk globally, insurance providers categorise smokers… Read More
There is no denying that a term life insurance policy fortifies your financial planning, and so the earlier you invest in one, the better. For novice buyers, a pure term insurance plan is a wise investment in the initial stages of a… Read More
As you grow old, you experience different life stages. You graduate, start working, become financially independent, you buy a home, you progress in your career, you get married, have children, get your children married, retire, and so on. Each stage… Read More
A ULIP plan is a multidimensional investment tool that can be used for several financial goals. Good ULIP plans are safe, flexible, and practical. It can be purchased by following a few simple steps. ULIP renewal processes are also smooth and free from… Read More
Insurance plans have evolved manifold and now offer various types of options that let you save and invest, all the while securing your family members and their future. Guaranteed returns investment plans are another option that has enabled several investors to reach… Read More
Cigarettes have garnered a bad reputation for themselves, and several slogans have been dedicated to encouraging giving them up. Aside from being harmful to your health, smokers also have to shell out a higher amount for term insurance compared to… Read More
A Unit Linked Investment Plan or a ULIP plan is one of the best investment options you can consider for securing your future. However, while ULIP insurance can offer you many benefits, you should consider certain factors before buying it. Doing a… Read More
If you’re planning to make a financial investment, you may be presented with the option of investing in a unit-linked plan. How does it work? ULIPs are not purely insurance policies or investment plans; rather they are a combination of… Read More
The Unit Linked Insurance Plan (ULIP) is a life insurance plan that allows you to invest your money in the market for financial goals. You can protect your family and secure your future with Unit Linked Insurance Plan. You have… Read More
Volatility is the nature of the market. Market instruments that invest in stocks are more prone to market fluctuations as compared to their counterparts. That is one reason why many investors are wary of investing in stocks. However, there are… Read More
With the global health crisis becoming a common occurrence, having an insurance policy is no longer an option. Life insurance plans act as a shield against unforeseen events that might lead to a financial crisis. A term plan is the simplest form… Read More
Life can be unpredictable, and no two days are the same. With age, increasing responsibilities, changing needs of your family members, rising health concerns, etc., your financial needs can also alter with time. Hence, it becomes important to have a… Read More
Most people view retirement as an event that is still too far off in the future to be concerned. As true as that might be, taking time for granted can be a mistake, especially when it comes to managing your… Read More
You spend a major part of your day at your office hustling, working hard, and persevering. Hence, the money that you earn needs to be carefully and optimally preserved and invested for your future. Of all the different investment instruments… Read More
Despite its numerous advantages and tax benefits, the penetration of life insurance plans in India is significantly low. As of 2020, the penetration of life insurance was only 3.7% of the total GDP of the country. This is significantly low as compared… Read More
Most investors are initially hesitant when they start to invest in market-linked securities, even if it is a simple ULIP scheme. A significant part of their concerns is the fear of financial loss. This is because the market fluctuates variedly,… Read More
A Unit Linked Insurance Plan, also known as ULIP Schemes, is a type of insurance product that also offers you the opportunity to invest your money and earn high returns. The basic concept of a ULIP plan involves a long-term… Read More
Retirement planning is one of the essential components of financial planning. Retirement is a time when you no longer have a job to support you financially. Hence, it becomes crucial to save enough for your golden years well in advance… Read More
Buying a house of your dreams is a long-sought desire. Your house is your place of comfort, a place you can call your own and a place where you build your family. Moreover, given the easy availability of home and… Read More
Despite life insurance being such a vital part of a financial plan, many people tend to ignore its importance. This is because traditional insurance plans only offered a secure life cover and no returns. But over the years, with the… Read More
As more consumers aspire to grow wealth, getting strategic when building your portfolio is important. Diversification is the key to having a well-balanced wealth creation plan and securing your future. Within this mix, mutual funds are one of the attractive… Read More
Getting a term life cover is a long-term decision. You can start young with these policies, and they can offer a life cover up to your retirement years. This decision is best taken after having carefully considered your options as… Read More
A fixed deposit or term deposit is a preferable savings tool for investors. In the current economic environment, when stock markets are volatile, investing in FD appears to be a sensible decision. In addition, fixed deposit interest rates are high… Read More
Achieving long-term financial goals can become stressful without adequate planning and an efficient ULIP plan (Unit Linked Insurance Plan). This is because a ULIP policy is a competent financial product that combines market-linked investment and a life cover in a… Read More
Our finances need nurturing so that they sustain us in the long run. Taking care of ageing parents, a spouse, and children, or any other dependents are all responsibilities that require healthy financial wellbeing. In this scenario, term insurance acts… Read More
A simple term plan can go a long way to ascertain that your family is financially secure even in your absence. An affordable term plan can mitigate risks and take care of financial complexities when you most need them. Even… Read More
At some point or the other, you must have heard about the importance of life insurance before, especially term insurance. Term insurance is a type of life insurance that secures your loved ones in your absence. It does this by giving a monetary payout… Read More
Most people think of tax-saving as a complex process. Hence, they consistently delay their annual tax filing until the very last days. However, that is not a wise thing to do. In fact, with properly planned tax strategies, it is… Read More
For a salaried individual retirement comes with various perks, but it also means that your active source of income is no more. At such times, relying on your savings or pension funds might not suffice, especially considering how the costs… Read More
The changes in the Union Budget are eagerly awaited by businesses and working professionals alike. However, as the year gone by witnessed the outbreak of an unprecedented crisis in the form of a pandemic, there was greater excitement to observe… Read More
The changes in the Union Budget are eagerly awaited by businesses and working professionals alike. However, as the year gone by witnessed the outbreak of an unprecedented crisis in the form of a pandemic, there was greater excitement to observe… Read More
Money means different things for different people. Wherever you belong on your financial journey, a ULIP plan (Unit Linked Insurance Plan) can help you achieve your objectives. It is often believed that a ULIP policy only helps achieve long-term goals.… Read More
It is crucial that women secure financial independence and simultaneously focus on wealth creation from early on in their careers. A ULIP plan (Unit Linked Insurance Plan) is among the best investment tool to help women in this endeavour. As women have… Read More
A systematic Investment Plan (SIP) is a disciplined method of investing in mutual funds. It allows you to invest a fixed little amount of money at regular intervals (quarterly, monthly or weekly) as per your financial situation. After a duration… Read More
Introduction The previous generation was always worried about retirement planning. The majority of the population today underestimate its importance. Also, the definition of retirement has changed over the years. It’s not limited to only living off your pension. In fact,… Read More
It may seem difficult to manage several fixed deposit accounts. However, tools like a fixed deposit interest calculator make the task simple. Besides, there are certain ways to manage multiple FDs easily. Here’s a look. Manage Interest Income Always try… Read More
We all are interested in saving money for our future. Mutual funds are one of the most popular methods to save money to build a secure future. So now the primary question is what is a mutual fund? A mutual… Read More
The decision to buy term insurance is a critical one. In addition to providing a lump sum, this program takes care of your loved ones’ dreams. You’re assured of life through regular premium payments on a term insurance policy. A… Read More
SIP mutual fund is a low-cost, tax-efficient way to invest in mutual funds. It allows you to choose from a wide variety of mutual funds at no cost and with investments starting from just Rs 500. An investment of Rs… Read More
Fixed deposits are the most popular kind of deposits in India. Did you know that in 2017-18, out of all the deposits in Indian banks, 57.7% were FD? This was revealed in data released by the Reserve Bank of India.… Read More
Mutual funds have become a fairly familiar investment instrument for most urban Indians. However, the most associated type of mutual fund with the larger category is equity-linked mutual funds or tax-saver mutual funds, also known as ELSS. However, there are… Read More
Your finances are special, and making the important decision to invest them should be a well-informed decision. Talking about mutual funds, potential investors are often left scratching their heads about what it is about. However, it is simpler than you… Read More
Have been thinking of buying life insurance? There is a wide variety of insurance plans in India. With so many options available, it becomes really hard to figure out which insurance would be the best for you. To make things… Read More
Equity funds are a highly suitable form of investment for people looking to earn good returns to achieve their long-term goals. Investment in these funds offers returns that are generally higher than those generated by traditional investments like provident fund.… Read More
According to Indian Income Tax law, there are certain deductions on which you can save taxes legally at the time of filing Income Tax returns. This can be done by anyone who pays the tax, such as businessmen, individuals, professionals,… Read More
In today’s times, surviving on a salary is not always adequate to meet your life’s goals. Inflation is through the roof, and the job market is going through a tough phase, where even the educated youth is struggling with unemployment.… Read More
Retirement is a watershed moment in life, a new beginning. A successful retirement, on the other hand, entails spending your time leisurely, without financial concern. Is it possible, however, to do so without meticulous financial planning? Remember that retirement only… Read More
The mutual fund vs. gold debate has been around for a long time now and rightly so! Investors often find it confusing to pick between the attractive returns of mutual funds and the solidity of gold. Additionally, it should be… Read More
There are things to remember before you decide on pension plans. You should have your retirement planning. Planning should begin when you are young. You should go for the best retirement plans. Such plans are also known as a retirement… Read More
Mutual funds have emerged as attractive investment options for achieving a wide variety of financial goals. The decision to invest in which type of scheme depends on how much risk you can take and what is the time horizon set… Read More
There was a sharp rally in the mid-cap space last year which attracted many investors for this category as they expected similar returns. But such an act can be dangerous if the underlying volatility and risks involved in the fund… Read More
The last date for filing the income tax returns is round the corner, and with the tax season at its peak, we have made things more convenient for you. To make sure you earn some extra bucks filing your tax… Read More
The pandemic has led to more people trading and investing online. The chance to capitalise on market volatility and the ease of signing-up with a financial company is some reasons behind this trend. Online mutual funds have also become popular,… Read More
Why one should be investing in Global Equity Fund.It is a globalized world. As Indian, we have been benefitting from lots of products manufactured outside India. The innovations worldwide are going on. India doesn’t have as many investors that would… Read More
The 40s are supposed to be the best decade of one’s life. You are settled into your career, you have assets to your name and important milestones already crossed out. But you are on the cusp of entering the most… Read More
ELSS or Equity Linked Saving Schemes is a type of mutual fund specific to the stock market or equity. One of the best advantages of investing in equity-linked saving schemes is that there is no tax until the amount is… Read More
Your child is the centre of your universe, and you will move heaven and Earth to make their slightest dream come true. However, the prospect of making some of their dreams come true is beginning to give you sleepless nights,… Read More
Are investors opting to deploy money in equity funds once again in the current scenario? As things stand now, it is a mixed bag as per industry and market experts. People prefer the highly popular equity linked saving scheme in… Read More
‘Retirement’ is an idea that seems distant in your 20s but looms uncomfortably close in your late 40s. It is important to be financially secure in your retirement years rather than face uncertainty and worry. But how can you ensure… Read More
Fixed deposits (FD) are low-risk investment methods. It is also a stable and reliable one. With attractive interest rates added regularly to your corpus, this could be a good way for long-term wealth generation. Moreover, certain FDs can provide tax… Read More
Combining life insurance with SIP at no additional cost If we look around and we will discover something smart about each and everything. Smartphones, Smart Homes, Smart Cards and many more basically the list is endless. To keep ourselves updated… Read More
Education is the greatest gift parents can give their children. But, with the ever-increasing cost of education, it is important to start planning early and choose investments that will reap benefits at the right time for you to fund the… Read More
Pension planning is important for every individual. It needs to be considered by everyone at an early stage in their professional lives. The last few years of a person’s life need to be spent away from the struggles of life.… Read More
If you are a parent or parent-to-be, then the only precedence in your life should be fortifying your child’s present and future. There is nothing more crucial for a parent than their children’s happy future. Which unfortunately costs a lot… Read More
Wondering what is mutual fund NAV in India? NAV stands for Net Asset Value, i.e. it is the value of any particular fund’s assets minus the value of the liabilities for every unit. Hence, Net Asset Value or NAV will… Read More
With various financial instruments making their way into the market today, you have more options to diversify your monetary portfolio. Also, the probability of gaining better returns has increased too. One such financial instrument is a ULIP. It comes with… Read More