Tips to create wealth over long term by investing in mutual fund SIPs
Mutual fund has emerged as a popular investment option for meeting the longterm goals. The popularity of mutual funds is increasing day by day because of simplicity, transparency, and as a cost-effective tool to generate a high return compared to other investment options.
Investing in debt mutual funds: Things to consider before you invest in them
The interest rate has been falling creating a precarious situation for the senior citizens and retirees. Fixed-income investments are providing low yields and thus retirees are finding it difficult to manage their regular income needs.
01. Insurance sector has grown at a healthy 9.7% in 2020-21
Ask the Expert
Q Dear Sir, I am going to retire from my private company service after one year. I will not get any pension and my monthly expenses are expected to be around Rs. 50,000/-. How much retirement corpus I must accumulate to ensure that I am able to meet my expenses? -Ajay Sahni, Kanpur
MUTUAL FUND NEWS
01.Key officials in AMCs to get 20% salary in the form of MF units: SEBI
Health Insurance amid Covid-19: Know about plans, coverage, home care treatment and claim process
The Covid-19 pandemic in the country is having a big toll on the health and lives of the population. While it may too early to estimate the extent of damage to the economy, some of the impacts on personal finances may already be seen.
Should you bet on dividend yield funds?
One value-oriented mutual fund category that has made a comeback over the past year or so is dividend yield funds. The category has given investors an average return of 68.9 per cent over the past year.
Natural Ways To Prevent And Cure Diabetes
Diabetes is becoming an epidemic in India and everywhere. Diabetes is commonly known as the ‘high sugar’ problem. Currently, a fasting blood glucose (sugar) level of 126mg% or more is defined as diabetes. The blood glucose level is normally kept in range by a hormone called insulin, which is produced from the pancreas. Insulin controls blood glucose levels by allowing glucose to enter the cells so that it can be used as fuel by the body.
5 Mutual Fund Features To Help You Build A Robust Investment Portfolio
It has been a blockbuster performance of equity mutual funds in 2020-21. The return generated by most equity mutual fund schemes in the last 12-months has been nothing short of a spectacular performance.
How To Start Investing In Mutual Funds?
When you begin investing in mutual funds for the first time, you must take each step with a lot of care. Your initial experience must be pleasant so that you feel encouraged to keep on investing for your entire lifetime.
When should you exit a fund?
When you invest in an actively-managed fund, you must not fall in love with it as circumstances diarise that force you to part ways with it. It is quite possible that a fund you chose for its stellar past performance may underperform in the future, forcing you to exit it. Sometimes, the fund’s performance may be as expected it, but you may need to sell because your needs have changed. The fund manager who was at the helm may have moved to another fund house. The fund’s asset under management (AUM) may have swelled, affecting performance.
Want to live longer? Turn vegetarian...says the British Medical Association
Nothing will benefit human health and increase chances of survival for life on earth as much as the evolution to a vegetarian diet.” - Albert Einstein, Physicist, Nobel Prize Winner
Selecting the right ELSS for saving tax and meeting long term goals: Know the factors
The new financial year 2021-22 has begun and it is time to plan your tax liability for the year. Government allows taxpayers to invest in certain specified investments and reduce tax liability for the year.
MUTUAL FUND NEWS
01 SEBI has issued guidelines for change in reporting format
Life-cycle and other investment strategies in ULIPS: Know them before you buy for long term goals
The stock market provides an access to participate in the growth potential of equity asset. But, investing directly in stocks may not be everybody’s cup of tea. As a retail individual, it is better to invest through equity-oriented investments and reap the benefits over the long term. And, for those who wish to keep their saving and protection need in a single place, the unit-linked insurance plans fit the bill. Unit-linked insurance plan (Ulip), an insurance product that bundles protection and savings has undergone several structural changes and is a revamped product in its new avatar. Unlike in the past, where premiums could have been discontinued after a certain period say 3 or 5 years, the current version requires premiums to be paid till maturity, unless you choose a limited premium payment period.
01 NPS as a preferred retirement product registered 18% growth in the customer base during pandemic
Critical Illness Health Insurance: Your second layer of protection after buying medical cover
Coronavirus pandemic and the spread of infection is in full swing across the nation. While vaccination, wearing of masks and maintaining social distancing remains the best defense against it, the probability of getting infected cannot be ruled out. While the medical infrastructure and the treatment of Covid-19 will have their role to play, what impact does the infection on our other body organs have over the medium to long term remains to be seen. As an individual, make sure you are adequately prepared to protect your savings and life amidst the pandemic.
Coming out stronger from a second wave
We have just completed a financial year that is difficult to describe in a single word. “Unprecedented“possibly does not capture the wide range of emotions, like anxiety, depression, sense of relief etc. that we went through as a society. Just as we thought that COVID was being relegated to history, it has reared it’s ugly head in the form of a second wave.
Ask the Expert
Q Dear Sir, I shall be retiring in couple of months. I am expecting my retirement funds to be around Rs.2 crores. Can I get monthly returns upto Rs.1.5 Lakhs from these funds. Please give some suggestions. -Mr.Raghubir Prasad, Noida
5 Key Regulatory Changes In NPS Scheme You May Hear Soon!!!
Being the key product in retirement planning and the rising popularity of NPS among individuals and corporates, PFRDA has made announcement of 5 key changes it is willing to introduce soon in NPS.
MUTUAL FUND NEWS
MUTUAL FUND NEWS
Why do you need to plan for retirement?
Can you imagine your future with the financial support from your family if you didn’t see the value in planning for retirement? It would then become your children’s responsibility to take care of you. In your retirement, you shouldn’t be dependent on anyone, let alone your own family.
Make a fresh start in the new financial year by taking these important steps
As the new financial year 2021-22 begins, the memories of the previous FY is still fresh in our minds.
Woman and Her Financial Freedom
Today, women are freely joining the workforce, choosing their own career options, living a life they want. But ironically, taking a financial decision or investing decision is still not her area of expertise or interest.
Should you invest in target maturity passive debt funds?
In recent times, fund houses like Edelweiss, Nippon and IDFC have launched target maturity debt funds. What is interesting is that these are all passive funds –index funds or exchange-traded funds (ETFs).
ARE YOU DRINKING TOO MUCH COFFEE? If yes, then you are taking a big risk!
A cup of coffee commits you to forty years of friendship. Coffee indeed has a great bonding quality. But this bonding can turn into bondage, if you exceed the limits.
HOW TO BENEFIT BY INVESTING IN NPS FOR RETIREMENT GOAL
For the starters, NPS is a retirement focused scheme regulated by a statutory body, Pension Fund Regulatory and Development Authority (PFRDA).
Are Balanced Advantage Funds For You?
With the equity market growing more volatile, balanced advantage funds/ dynamic asset allocation (BAF/ DAA) funds are growing in popularity.
Key Things To Know About Health Insurance Plans, Before You Buy Them
The importance of health insurance cover in terms of the amount of coverage got its due after the outbreak of the COVID-19 pandemic.