Most investors are intelligent people; they indicate enough financial wisdom when it comes to making a purchase or saving on one. When it comes to Investing, they tend to make a lot of mistakes— To the extent, they get it so wrong that their actions tend to not only consume wealth, they also instill a […]
We have seen a good amount of information on mutual funds which are available for investment in India with great returns. Investment in equity mutual funds is always for the longer term. There are other funds called as debt funds which are best options for the short duration. For a complete well-diversified portfolio make sure […]
We have seen many aspects of mutual funds, whether it was about their performance, portfolio, how to choose them and how to compare them. In this post, we will see the structure of mutual funds in India. Mutual funds in India are regulated by the Securities and Exchange Board of India (SEBI). As running of […]
This tax-saving season, your choices may seem compressed if you look at the returns from your traditional tax-saving products. With EPF, 5-year tax-saving NSC, FD, and PPF all seeing a dip in their interest rate in the past one year (which again may further go down), market-linked products such as tax-saver funds (DSP BlackRock Tax […]
Numerous times, we tend to think that building wealth is stocking up cash inside a locker or trying to manage a positive balance in a savings account. While unquestionably prudent saving is the first step to building wealth, it remains just that – the first step. Building wealth, however, is more about the cleverer process […]
Scheme Information Document (SID) provides investors with important information that you need to know about the scheme. You must have read disclaimers in mutual funds, advising you to read the scheme information document before investing. But a SID can confuse you, going by the information overload that it carries. So, here’s what we would recommend […]
Yes, you heard it right. You can get your Credit Score (generally referred as CIBIL score) for free from Credit Information Companies(CICs). The Reserve Bank of India (RBI) in September 2016 had mandated every Credit Information Company (CIC) in the country to give one Free Full Credit Report (FFCR) to every individual starting from 1st January […]
