Selecting the right life insurance product is often a tough task for insurance buyers because of the plethora of products offered by insurers, deliberate mis-selling of some products by certain insurance intermediaries...Read More
Multi Cap Mutual Funds are equity mutual fund schemes which have flexible mandates of investing across different market capitalization segments e.g. large cap, midcap and small cap. SEBI classifies the top 100 stocks by market...Read More
My childhood friend Nikhil had one lament for a long time. He said while there are many restaurants serving European cuisine in India, unfortunately there are not many options for vegetarians as far as European cuisine is concerned. His dream was to...Read More
If you invested र 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment will be over र 5.2 lakhs (as on August 22, 2016). The internal rate of return of monthly SIP in SBI...Read More
There are times when you think whether you should surrender your endowment or money back life insurance policies. You may want to surrender your policy for a number of reasons. You may have...Read More
The primary objective of investing in equity funds is capital appreciation over a sufficiently long investment horizon. However, different investors have different financial needs. Some investors want income from their investments, at the same time they...Read More
Personal finance bloggers often give hypothetical examples of wealth creation to demonstrate the power of compounding in equity. Here is a real example -If you had invested Rs 1 lakh in Birla Sun Life Tax Relief 96 Fund at its inception around twenty...Read More
The much maligned ULIPs have become more attractive as investment options under the revised IRDA guidelines. The cost and fees structure of ULIPs have been considerably rationalized. For the uninitiated, ULIPs...Read More
Post office Monthly Income Scheme has for long been a favourite with investors who want regular monthly income from their investments. They offer risk free 8.5% returns and are especially preferred by...Read More
In our previous article we discussed the benefits of start investing early for wealth creation and we also discussed how it is possible using 'power of compounding'. Now, let's understand how Compound Interest...Read More