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
Investing and wealth creation take many years. Financial goals and needs vary for each individual. Despite the differences in goals, certain fundamental aspects of investing should be adhered to. Everyone must plan their financial affairs to ensure economic security. Diversifying investments through various methods is crucial in achieving different financial objectives. Additionally, investment strategies should … Read more
Parents are often careful when it comes to investing in their children’s future. With various schemes available in the market, it can be confusing to decide where to invest. The recent NPS Vatsalya Scheme, launched by the central government, is aimed at securing the future of children. Additionally, mutual funds have long been considered a … Read more
What is STP in Mutual Funds? If you are currently investing in the stock market or participating in mutual funds through SIP, it’s essential to be cautious, especially when market indices are reaching all-time highs. In such situations, it’s crucial to protect investments carefully. One strategy that can be employed in such scenarios is a … Read more
Employee retirement typically occurs at age 60 or 62, and business owners also retire at a certain age. Planning for retirement is essential to ensure a smooth transition from work to post-retirement life. Saving for the future is crucial, and various policies, schemes, and investment options are available for post-retirement life. The Government of India … Read more
In today’s fast-paced world, managing money effectively cannot be overstated. This involves balancing spending, saving, and investing to secure financial well-being. Earning money is not enough; it should be spent regularly, and investments should be made for future needs, following certain principles to ensure adequate assurance. 30 Percent Rule: Never use more than 30 percent … Read more
Money is essential to support a family; nothing functions without it. However, to earn money, one must work. Suppose you earn a reasonable monthly amount to cover your family’s expenses. A portion of that money should be allocated for leisure activities. You can use part of your earnings for things like watching movies, going for … Read more
Are you considering investing in shares of small and medium-sized companies (SMEs)? These shares tend to fluctuate, making them a riskier investment. However, despite the risk, many investors are interested in these shares due to their recent profitability. Over the last decade, SMEs have raised over Rs. 14,000 crores in funds, with Rs. 6,000 crores … Read more
When asked about the safest investment scheme in our country, most people mention Fixed Deposits (FDs) as the answer. They are popular due to the fixed income they generate and the assurance of knowing how much return we will get at the time of investment. The government’s guarantee on these fixed deposits also attracts many … Read more