Today, the number of people investing in mutual funds is increasing. However, the risk is high since they are directly related to the stock market. Sound investment strategies should be followed to minimize this risk. Instead of investing a large amount at once, it is better to invest in a systematic investment scheme (SIP). Create … Read more
Consumers who cannot afford to buy gold jewelry outright often choose to participate in gold deposit schemes. If you are considering such a scheme, there are a few essential things to know. Gold is globally recognized as a valuable asset, and India has a robust cultural fondness for it. At the same time, some individuals … Read more
Women play a proactive role in saving money. Even while working jobs and running businesses, they often make sacrifices for their families. They purchase various household items and save every rupee, predominantly spending it for their families. However, many women do not prioritize saving for themselves. In light of changing times, financial experts advocate that … Read more
Are you considering investing in gold? Experts say you may not get the expected return on your investment if you only invest in physical gold. To maximize your returns, consider the following ways to invest in gold and profit from rising prices. Many people buy jewelry as an investment in gold, but experts advise against … Read more
Are you interested in investing in real estate? If so, this information is for you. The real estate market naturally experiences ups and downs in the short term. However, the potential for good returns is high over the long run. Therefore, diversifying your investment portfolio is essential to reduce risk and increase the chances of … Read more
Mutual funds can be profitable, but they carry certain risks. Unexpected fluctuations in the stock market can impact the investment. Knowing who can claim the investment and whether family members can utilize it is essential in the event of the account holder’s death. When a mutual fund investor dies, legal heirs and nominees can claim … Read more
Recently, the number of people investing in mutual funds has increased tremendously, while bank fixed deposits remain popular. Banks offer attractive interest rates, which attract large amounts of money to fixed deposits, which offer a fixed interest rate for a predetermined period. The decision of which scheme to choose for investment can be difficult for … Read more
Everyone has different financial goals in life. Some prioritize guaranteed returns with safe investments, while others are willing to take on more risk for higher potential profits. Recurring Deposits (RD) and Systematic Investment Plans (SIP) are good choices for those seeking safe investment options. Both require a fixed amount to be invested at regular intervals, … Read more
Equity mutual fund investors must select the proper schemes based on their financial goals. Many mutual fund schemes have delivered good returns, attracting more investors. Market experts recommend mid-cap equity funds because they offer good returns. These funds typically include stocks ranked between 100 and 250 in size within the mid-cap category, with moderate risk. … Read more
The State Bank of India, synonymous with reliability, offers various deposit schemes, including the SBI Annuity Deposit Scheme. This scheme requires a lump sum deposit, after which the customer receives guaranteed monthly income and interest. Interest is paid out monthly along with the principal and is calculated quarterly on the remaining balance in the account. … Read more