We must be aware the primary reason to get own life insurance is meant to replacement of one’s income and financial security for the financial dependents to survive on. This means life insurance is not only a covering of family’s running expenses, but also secures our future financial goals, such as children’s higher education and […]
Direct Plans to invest in mutual funds could prove costly!
Many investors are fascinating to invest in mutual funds schemes under the option of ‘Direct Plan. Direct Plan under mutual fund schemes can be identified as having the suffix of ‘Direct’ word in their scheme name. The word ‘direct’ implies, under this option, dealing with the AMC directly without any intervention of mutual fund distributors […]
Lower or Higher NAV may mislead you!
Many people tend to think that the fund with low NAV (Net Asset Value) is much cheaper than the NAV of fund with higher NAV. There are plenty of reasons to have misconception that a fund with higher value will give fewer units, it has already been appreciated as compared to a fund with lower […]
Insights of Budget 2014: What is in your Pocket?
The nuisance of much-awaited maiden Modi-Union Budget -2014 has ultimately unveiled, though the finance minister has not stepped any major announcements, he however tried to give some respite to the individual taxpayers, investors and aam adami. He has made a slew of measures in personal finance, banking sector, education, power and other more areas. While […]
The Right approach to Ride the Bull Run
Over the last three months, the stock market has been touching new highs regularly. Such an astonishing bull run is now bringing cheers in those investors who had been stopped checking on their equity fund portfolio many years ago. While logging on now there would be waiting a big surprise for them that the recent […]
Want to Quit Your Job? Put a Plan into Place
You may be contemplating to quit your job. But it’s not an easy decision as it will have a huge impact on your personal as well as financial lives so don’t make hasty financial decision that turn out poorly. It does not mean that you are not intending to work but you think you want […]
Are your Advisor is regulated and professionally qualified?
Are you victim of getting free financial planning services and unsolicited financial advice from your bank manager, insurance agents or mutual fund distributer who are keen to update you on the newest insurance plans or NFOs etc. Due to wrong investment advice and deficiency in their financial services, you may be incurring the losses on […]
Abroad Investments of NRIs on returning to India
After having worked abroad Ajay(name changed) as an NRI (non-resident Indian) is, now planning to return back to his homeland. Increasing employment opportunities and improving standard of living in India, are one of the primary reasons choosing to return to India and intending continue to hold his foreign earnings overseas and gradually want to bring […]