10 Personal Finance Tips for New Professionals
Earning income is not enough, investing and rerouting such money is most important. New professionals are mostly in the range of 20s. This is just the beginning of personal finance and if better financial planning is carried out at this phase, it would yield amazing results. This article will show how the young professionals who have just started their careers, should handle their personal...
Look out for the new multicap fund in the market
Essel Mutual Fund belongs to one of the most known private sector firms called Essel Finance. They have entered the Indian trade of mutual funds very recently. They have announced an expected Assets Under Management (AUM) of Rs. 8,000 – Rs. 9,000 Crore by March, 2019. Even though their current AUM has been noted to be around Rs. 1,700 Crore, they firmly believe that dealing through liquid...
Top 5 Balanced Funds to Invest in India -2018
Mutual funds are a good source of investment. You get a choice of investment funds to invest in, the portfolio is diversified and managed by expert managers, you can invest small amounts regularly and you also get great returns. That is why investors, both risk takers and risk-averse, choose different types of mutual fund schemes for investing their savings. While equity mutual...
Financial Planning For New Financial Year 2018-19
Most of you must still be reeling from the last-minute financial decisions you took a week back as the financial year came to a close. The new financial year is upon us and while last few days of the last financial year saw a sluggish market (thanks to a list of holidays), the new financial year has brought the focus back on finance and financial planning. So, if you are still procrastinating,...
Why ULIP is better than Mutual Funds?
Both ULIPs and mutual funds have many similarities which is why they are often compared against one another. Investors have an unending debate on the benefits of mutual funds over ULIPs and vice versa. Some say mutual funds are better while others say ULIPs are. What do you think? If seen in depth, if you have a longer investment horizon (more than 7 years), some ULIPs gain...
Top 5 Equity Mutual Funds For 2018
The equity market is on a roller coaster rider following the tax imposition on long term capital gains. Though investors are still reeling from the shock of having to pay tax on their incomes, mutual fund investments hold attraction with many. The potential for return through equity oriented mutual fund schemes is quite high which makes equity mutual funds a top pick for many...
Separate or Joint Will : Which is the Right Choice?
Creating a Will can be overwhelming and uncomfortable for many. Coming to terms with one’s own mortality as well as deciding on the distribution of all assets can be quite a tumultuous task. However, this legal document is critical to ensure that your loved ones are taken care of after you pass away. For a lot of couples, creating a joint Will may seem easier, but is rarely recommended. Even...
Top 5 Pharma Stocks To Look After In 2017 For Maximizing Returns !
Certain sectors like pharma that are open to inventions that can add value to healthcare and life are always popular options for investors since they produce good returns. Just because pharmaceuticals is the most promising sector to come out with new and innovations, investors always look up to them for maximizing returns. This is the way we have seen the unprecedented growth of certain...
Best Retirement Products To Plan Your Retirement
The most vital planning that one needs to design is how to secure his/her retired life. Everybody will undergo this crucial stage of life, but, if you plan for the same in a better manner, your retirement life can be smoother. Especially in India, since the economy is highly dynamic and there are so many products which claim to provide you financial security even after you retire, you...