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
Many investment options are available, and retirement plans have gained popularity. In the past, retirement planning was primarily accessible to government employees, but various government schemes now cater to ordinary workers’ needs as well. In India, popular options for building a retirement corpus include the Employees’ Provident Fund (EPF), Public Provident Fund (PPF), and Systematic … 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
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
Many individuals opt for mutual funds as a long-term investment, and the number of mutual fund investors is steadily increasing. For those unable to invest a large sum of money at once, the Systematic Investment Plan (SIP) option is available. This involves making regular contributions to mutual funds, monthly, quarterly, or daily. However, some individuals … 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
Many investors seek high-return investment opportunities, even with a degree of risk. Mutual funds are popular, and there are two main types: regular and direct. However, experienced investors recommend against investing in regular mutual funds. Why not, and what are the alternatives? Let’s explore. Regular mutual funds are bought through an intermediary such as a … Read more
It’s essential to consider your monthly income and expenses. If you can save some money every month, consider investing it to secure your financial future. Investing in mutual funds through a systematic investment plan (SIP) can help you build wealth over time. When investing in mutual funds, the frequency of your investments can vary depending … Read more
In recent years, the term “mutual funds” (MFs) has become increasingly common in the financial market. Advertisements often claim that mutual funds are a safe investment and have the potential to double your money quickly. Mutual funds may be a suitable option to double your investment in ten years. Mutual funds, especially equity mutual funds, … Read more