Latest Saving, Investing & Mutual Fund Articles

On June 23^rd, 2016 the people of United Kingdom in a historic referendum voted to leave the European Union (EU). While this event risk, popularly known as Brexit, was known to the capital markets and financial community for some...

Before purchasing any financial product there are a few basic questions that an investor should ask oneself such as; does the asset fit in his risk reward matrix and investment needs; what is the financial goal for which you are purchasing this...

Growing up is a lot of fun when you’re young but it doesn’t seem so wonderful when you are an adult with responsibilities! You start working and earning an income in your early 20s, and you become responsible for running your home. A few years later...

If you started a monthly SIP of र 5,000 in SBI Magnum Midcap Fund 10 years back, by now you would have accumulated a corpus of over र 16.4 lakhs (as of end June 2016). The annualized SIP return of this midcap equity mutual fund over the last 10 years is...

When we talk about retirement different sentiments arise in our minds. Some of us feel tensed about meeting the post retirement related expenses while some of us feel that retirement would set us free from the daily humdrum of working life. Retirement holds...

In our earlier part, Retirement planning: Why should you get serious about it now, we had discussed that, unless you do proper financial planning from an early stage of your career, you are likely to run out of money and lose financial independence...

What is the definition of long term? How is it different from short term? Though long term and short term are quite subjective periods; technically from the income tax prospective any investment instrument held for over a year is termed...

Come December Income Tax assesses across the country start looking around in the financial market for tax saving instruments to avail deduction upto Rs. 1.5 Lakhs under Section 80C of the Income Tax Act 1961. The demand for Tax saving instrument...

Though there is growing awareness about taking health and life insurance in India, an astonishingly high number of people still do not believe in taking insurance. Of these, some rely on their company-sponsored insurance policy. The others may decide to...

When it comes to ice-creams, plain vanilla is the most basic flavor up on which other ice-cream variants are developed. So, whether you buy an ice-cream sundae or a banana split, vanilla forms anessential part of the combinations. Similarly, when...