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...Read More
High volatility has rocked the market over the past few weeks. While the long term outlook for Indian equities remains strong, investors should be prepared for volatility in the short term. Asset allocation can provide stability to your investment portfolio in uncertain market conditions. The strong rally in 2023 had taken the...Read More
LIC Mutual Fund Unit Linked Insurance Scheme is an investment cum insurance product, which offers investments in equity oriented hybrid asset class along with life insurance cover. Launched in 1989, the Unit Linked Insurance Scheme is one...Read More
An asset allocation fund invests in a fixed or dynamic mix of three main asset classes, equity, debt and cash equivalents. In a fixed asset allocation fund, the asset allocation percentages of equity, debt and cash equivalents are fixed. The fund manager...Read More
If you had invested र 10 Lacs in Birla Sun Life Frontline Equity Fund – Regular plan –Growth, during the NFO (launch date August 30, 2002) and started withdrawing र 8,000 per month after one year then the current value of your investment would have...Read More
The 67th year of Independence begins. One cannot help but continuously question the various aspects of independence. How independent are we as citizens? But even before that the question we need to ask...Read More
In our previous article, BSE sector performance and pointers for future outperformance: Part 1, we had looked at the performance of six sector indices in BSE and some indicators for future outperformance. We should...Read More
What does your life insurance policy depend on? It is common knowledge that the premium depends on four factors. Age, Sum Assured, Term of the policy, Type of plan (e.g. term, endowment, money back etc)...Read More
Last year I was speaking with a life insurance advisor. Among other things, I urged him to recommend only term life insurance plans to his clients. Term plans are straightforward protection plans and are in the best interest of the insurance buyer...Read More
SBI Large & Midcap Fund has completed 30 years. If you had invested Rs 1 lakh in SBI Large and Midcap Fund (erstwhile SBI Magnum Multiplier Fund) at the time of its inception in February 1993, your investment would have grown to Rs 58 lakhs (as on 27th March 2023). Rs 10,000 monthly SIP in the scheme over the last 20...Read More