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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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
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...Read More
A term which made sense to me when I saw its importance exemplified in front of my eyes. Up until that experience, I felt it was something that the friendly uncle, who turned out to be our family agent,visiting our house touted about. For me, life insurance...Read More
If you had invested र 10 Lacs in the NFO of DSP BlackRock Top 100 Equity Fund – Regular plan - Growth, 13 years back on the launch date of March 03, 2003 and started withdrawing र 8,000 per month after one year then the current value...Read More