Mutual funds as an investment vehicle in equity do entail a chance of benefiting from avoiding market fluctuations as well as rupee-cost averaging. Everybody use Systematic Investment Plan (SIP) mode to avail rupee-cost averaging when buying units in mutual fund but can there be an option wherein this rupee-cost averaging can be availed while selling [...]
Since a lot of awareness has been made by business channels and blogs on internet, a number of people have realised the importance of buying life insurance. And the awareness made by finance blogs has been the most successful. This has helped the general public to take to decision: Whether to buy life Insurance or [...]
If you go shopping and see a product that advertises an additional benefit or talks about dual benefits then you are likely to get attracted towards that product. Gold and mutual funds are attractive investment options individually and should be included in a portfolio to diversify it; Gold ETF is a unique product that offers [...]
Largely an assessee is taxed in respect of his own income while computation of total income in respect of income tax. But sometimes owing to some circumstances this elementary principle is strayed and the assessee can be taxed in respect of income which legally belongs to other person. Clubbing of Income Meaning Inclusion of other’s [...]
Yesterday I got an email from one of my readers, Mr. Rajib. He had bought a term insurance policy one year back with ICICI Prudential Life Insurance. Neither Rajib bothered to read nor his life insurance agent told him to read the terms and conditions of the policy before buying it. Today he is found [...]
Retirement brings about a major transformation in an individual’s work and social life. During our work life, most of us are focused on financial goals like buying a house or a car, funding children’s education and their marriage etc. In the quest for increasing our earning capacities to meet these goals, retirement planning often takes [...]
I have already got a sum assured of Rs 20 Lakhs. The policyholder randomly says that’s enough for my dependents after my death without analysing much about his incomplete financial goals, number of dependents etc. There is a big list of things to be done when the earning men in the family is died. Most [...]
I was whisking through the pages on the net to find a plan which can give me good returns on my money and provide an insurance cover. A simple plan. No hassles, no hidden costs. Just something simple to suits my needs. And that is exactly when I discovered the best endowment policy in India [...]
Once upon a time in India (since 1956 to be precise), there is only one life insurance company for whole population of the country, by the name LIC. Anybody who wants to take life insurance – be it for tax-saving purposes or investment purposes (Very few for risk coverage) – they have to look to [...]
Sector Funds or Thematic Funds – A lot of advisors are negative on sectoral funds, but I dont know the reason why they are negative particularly in case of FMCG mutual funds. The Indian Fast Moving Consumer Goods (FMCG) sector is booming from last several years and given steady returns to its investors despite slowdown [...]
