The true meaning of the word Life Insurance made sense to me when my neighbour Raghu suddenly expired one morning. Raghu met with a sudden heart attack and declared dead on arrival at hospital. His family had no clues as to what to do in a...Read More
The Reliance CPSE ETF was over-subscribed 4 times first day. As per a Business Today report, the anchor investors put in Rs 6,000 versus Rs 1,500 crores reserved for them. For the benefit of our readers, anchor investors are institutional investors who...Read More
With less than three months remaining before the close of this financial year, maximum tax saving is likely to be one of the most important financial considerations for many. From FY 2015 onwards investors can save up to...Read More
If you had started a monthly Systematic Investment Plan of र 10,000 in Reliance Tax Saver Fund 10 years back, by now you would have accumulated a corpus of nearly र 28.51 Lakhs with a cumulative investment of just र 12 lacs. In fact Reliance Tax Saver...Read More
In today’s times of fast lifestyles and rising inflation, it has become necessary to save money every month and also deposit it in a safe place. This ‘safe place’ is the savings bank account – it helps you deposit your spare cash and also earn interest on it...Read More
2016 was a bumper year for Initial Public Offerings (IPOs) in India. Indian companies raised Rs 26,500 Crores by listing themselves on stock exchanges in 2016, the highest since the heydays of 2007. Most of the 2016 IPOs made...Read More
A couple of years back, the missus and I went to our bank branch for some work. As my wife was patiently waiting for her turn (while I was playing a car racing video game on the Ipad), a young relationship manager approached her...Read More
This is not an article on lump sum versus SIP investing. I am sure that you have read several financial blogs discussing advantages and disadvantages of lump sum investment versus Systematic Investment Plan (SIP). Some...Read More
Every year many of us make New Year resolutions like going to bed on time, exercising regularly, giving up unhealthy habits, fulfilling career goals, saving more, spending less, etc. Most of us break our resolution within a few days; the more...Read More
Systematic Transfer Plan (STP) is a mechanism by which an investor is able to transfer a fixed or variable amount from one mutual fund scheme to another mutual fund scheme. STP is primarily used by investors to transfer from debt funds to...Read More