REIT – Alternative Investment If you are a person aware of recent developments in investment options, you must have heard about Alternative Investments Funds (AIFs) and REIT as an Alternative Investments. If not, this is the most simplified write-up that you can find to understand the asset class. Alternative Investments are about unconventional asset classes […]
What is REIT (Real Estate Investment Trust)? Read More »
National Pension Scheme (NPS) is a voluntary and long-term investment cum pension plan launched by the Government of India. This scheme is regulated and administered by the Pension Fund Regulatory and Development Authority (PFRDA). This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed
Everything about NPS Read More »
Understanding HUF HUF – ‘Hindu Undivided Family’ is a unit comprising of the members of the family that is formed in a family following Hinduism, Sikhism, Buddhism, Jainism only. HUF is a separate entity having its own assets and liabilities and is considered as a separate accessee while filing income tax and thus provide opportunity
What is HUF and how you can save additional tax with HUF? Read More »
Sovereign Gold Bonds (SGBs) Secure, profitable, and backed by the Government of India, SGBs offer a unique blend of safety and growth potential for your investments. It frees you from the hassles of keeping physical gold. Issued by the RBI, it is not only a safe option but also offers assured additional interest on capital.
What is a Sovereign Gold Bond? Read More »
Mutual fund redemption A mutual fund redemption request is the request to withdraw units (amount) from your mutual fund investments. Things to consider while submitting a redemption request. Mostly financial needs and sometimes our sentiments (fear) owing to certain market situations drive the redemption request. There are some essential things to keep in mind while
What is the process of mutual fund redemption and how to approach redemption? Read More »
I have seldom come across people with a neutral outlook toward a loan. Either they are in for or against availing a loan for whatever reason. But the truth is a loan is neither good nor bad. It becomes a good or bad experience depending on the purpose of the loan and the person taking
Are loans good or bad? Read More »
The primary idea of life insurance is to make good the financial loss incurred due to the loss of life of the income earner of the family. However, the products offered by the insurance companies are varied. Though a term plan is the purest form of life insurance and provides lumpsum payouts only in the event
Can you get a loan against your life insurance policy? Read More »
We all have come across advertisements offering consumer loans at flat simple interest rates. Have you ever doubted that the rates they are mentioning could be misleading? Because in the real world of finance, everything is compounding interest and never a simple interest. The story of a simple flat-rate loan Here is an example to
How to read between the rates of a simple flat-rate loan and not get deceived? Read More »
A famous quotation by American statesman Benjamin Franklin: … nothing can be said to be certain in this world, except death and taxes. Not sure about taxes though but one surely cannot avoid death. Talking about life, death, and finances, dying early or living longer which one is a bigger problem? Living Longer could be
Why should you have a retirement plan for a longer period? Read More »
Guarantee of regular income for lifetime Think of a time 15 years, 20 years, 25 years, or 30 years from now when you will retire and stop earning an active income but still on the 1st of every month a guaranteed sum of money gets deposited to your bank account that is tax-free* and would
How to create a Life-long Guaranteed, Tax-free* Pension Plan for your retirement? Read More »
Our emotions play a major role in many of the financial decisions we take from time to time. one such decision is whether or not to go for owning a car and if we do buy one, should we buy it on a loan. Financial wisdom says, “don’t buy a car if you don’t need
About owning a car and taking a loan for buying one Read More »
A mutual fund is one of the preferred products to invest in the equity market for the possibility to earn substantial returns. But mere investing in mutual funds does not really guarantee higher returns and the creation of wealth. As an investor, you need to keep in mind a few things that significantly affect the
Planning to invest in mutual funds? Read More »
Disclaimer: The ideas and thoughts expressed in this article are not any kind of investment advice intended to influence anybody to take investment decisions. Please note that the numbers shown in the article are not accurate and not applicable for all income groups and would vary as per the changes in income tax rules from
How to create a surplus investable amount of ₹ 62,400 every year by investing ₹ 2 lakhs? Read More »
For most of the population, 1 Crore is a magic figure, or if you cannot relate to it, how about the word ‘Crorepati’? still, for many, it might not be such fascinating a number. Whatever it is, no one can deny that a sum of 1 Crore as a liquid asset is quite admirable and
How to create a fund of 1 crore for your money goals? Read More »
LIC’s Jeevan Shiromani: A premium policy that combines protection, savings, attractive returns, and medical cover. Benefits 1. Survival Benefit: On the life assured surviving to each of the specified durations during the policy term, provided all due premiums have been paid, a fixed percentage of the Basic Sum Assured shall be payable. The fixed percentage for
LIC’s special premium plan for High Net-worth Individuals Read More »
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a Government pension Scheme for people aged 60 years and above. Life Insurance Corporation of India is the administrator of PMVVY on behalf of the Government of India. This Scheme is available for sale up to 31st March 2023 Benefits available under the scheme
Pradhan Mantri Vaya Vandan Yojana (PMVVY): FAQs Read More »
LIC’s Cancer Cover is a regular premium payment health insurance plan which provides financial protection in case the Life Assured is diagnosed with any of the specified Early and/or Major Stage Cancers during the policy term. Sum Insured Options The plan offers flexibility to choose the type of Sum Insured at the inception. Option I
LIC’s Cancer Cover policy: make your finances immune to cancer Read More »
Disclaimer: The ideas and thoughts expressed in this article are not any kind of investment advice intended to influence anybody to take investment decisions. Please note that the numbers shown in the article are not accurate. Please consult your advisor before taking any investment decision. Regular FDs as we know them are fixed deposits offered
What are Corporate Fixed Deposits and how are they different from regular FDs? Read More »
We all have heard the story of the goose laying golden eggs and we know that it can’t be real. But for the sake of this topic assume that you own a hen that lays golden eggs. Now, here, I have a question for you. Among the hen and the eggs which one would you
The Hen or the Eggs, Which one would you take utmost care to protect? Read More »
Disclaimer: The ideas and thoughts expressed in this article are not any kind of investment advice intended to influence anybody to take investment decisions. Please note that the numbers shown in the article are not accurate and might vary as per the changes in income tax rules from time to time. Please consult your advisor
