8 Tips to Follow and Traps to Avoid While Investing in Debt Fund
Why is it important to save a part of your income? Mainly because it helps in meeting contingencies in addition to the acquisition of an asset. Retired individuals are dependent on interest income in addition to the monthly pension for their day-to-day expenses. In general, a layman is confused when it comes to making investments. After all, it […]
Advantages and Disadvantages of Mutual Funds in India
While investing, you must be aware of the advantages of mutual funds. Once you know that, you must learn about its disadvantages. Only by comparing the advantages and disadvantages of mutual funds can you choose the best fund for yourself. Advantages of Mutual Funds Let us first look at the advantages of mutual funds: 1. […]
What Is XIRR in Mutual Funds?
We invest a certain amount every year in some financial instruments like mutual funds. After 5 years, 10 years or 15 years, we may want to redeem our investments. At that time, we usually calculate the money which we originally invested with the maturity amount that we received to understand how much did we gain. But […]
How to do CKYC (Central KYC) for Mutual Funds: 6 Things You Need To Know
CKYC stands for Central Know Your Customer. It started from February 1, 2017 and any potential investor who wants to invest in mutual funds will have to go through the CKYC process According to the website: Central KYC Registry is a centralized repository of KYC records of customers in the financial sector with uniform KYC […]
Pradhan Mantri Kisan Samman Nidhi Scheme: Everything You Should Know
Agriculture is the backbone of India’s economy. As per the Registrar General of India and Census Report of 2011, India is home to over 118.7 million farmers or cultivators and 144.3 million agricultural laborers, which accounts\ of 31.5 percent of the total rural population. While agriculture’s contribution to GDP has been steadily declining due to […]
What everybody misses about the power of compounding
Have you ever wished to earn more money, without putting much effort? Or are you concerned about saving enough for retirement and your child’s education? There is a simple way to accomplish all these things if you are willing to learn how to put your money to work for you. It is called compounding, and […]
8 Biggest Mutual Fund Investment Mistakes and How to Avoid Them
It’s no news that investments in mutual funds are some of the most common and trusted investment options out there, and for a good reason. But with anything that involves money, one should be extra careful, and the same applies to mutual fund investments. Avoid these common mistakes to get the best out of your investments. […]
Investing In Mutual Funds? Here Are The 10 Tips To Remember
10 Tips to Invest in Mutual Funds Mutual Funds in India are considered to be one of the most popular tools of investment. These investments funds are a collection of stocks, bonds, money market instruments, and assets. Their popularity can be accredited to the several benefits that come along with such investments. For example, […]
6 Ways a Student Can Build Good Credit
Becoming financially independent sounds interesting. How about if you are required to achieve the same when you are still in high school or college? Complicated, right? Well, we have a straightforward solution for you. No, we are not going to teach you how to become financially independent when your age is to rejoice and have […]
Growth or dividend reinvestment option: Which is better for you?
There’s always a huge debate going around with respect to the plan an investor should choose while investing. Each mutual fund typically offers three plans viz. growth, dividend and dividend re-investment. As an investor what would you choose? The answer to this question differs from individual to individual and their profile. In this blog, […]
Avoid the biggest lie of Mutual Funds – Stop taking risks!
“Mutual funds are subject to market risk. Read the offer documents carefully before investing” You must have heard the disclaimer multiple times by now. Before we delve deeper into the subject of the blog, let us first quickly take you through the risks that are involved while investing in a mutual fund. To start with, […]
How can you buy dividend plans for a mutual fund?
Do mutual funds have dividend plans? The answer is yes! In order to understand how one can buy a dividend plan for a mutual fund, it is important to first understand the concept of a dividend plan and what a dividend option means in a mutual fund. Basically, dividend mutual funds are stock mutual funds […]
10 mutual fund books every investor should read
In our previous articles, we have spoken about mutual funds, why you should invest in them and what their benefits are. But we know that some of you avid readers would want to know the nitty-gritty of mutual funds and how you can become a successful investor through mutual funds. We have compiled 10 best […]
Everything you need to know before investing in a close ended fund
A lot of you might not know this, but based on the constitution, there are three main categories of funds, which are: Open ended Closed-ended Interval fund While an investor may choose to invest in any category of fund, it is always better to analyze that particular category of fund they are investing in. In […]
Why is rupee cost averaging important?
As an investor, my goal is to maximize long-term profit. By adopting various means of investments, such as bank deposits, participation in the stock market, gold, mutual funds etcetera, the goal of long-term capital appreciation can be achieved. While an investor expects constant and stable growth in these instruments over time, some element of risk […]
6 Mutual Funds Tricks You Probably Didn’t Know About (But Should Know)
Mutual funds are amazing. We all know that. But just how amazing? Turns out, more amazing than most of us think. Mutual funds offer so many options, chances are you don’t even know about many. Here are some tips and tricks about mutual funds that you didn’t know about. 6 Mutual Funds Tricks 1. Increase […]
Growth plan or dividend reinvestment plan – which is better?
The concept of investing has grown exponentially. These days, there are multiple investment opportunities for an investor in the financial market. One can invest through mutual funds, banks, shares, gold, real estate and many other instruments, in accordance with their risk appetite and investment duration. Each of these modes has their own advantages and disadvantages. But remember, […]
What is a concentrated portfolio?
We’re almost sure that most people, including you, would not concentrate your entire portfolio in equity funds. Portfolio concentration in equity mutual funds is a risk that most investors tend to avoid. But why so? In most cases, it is seen that retail investors have limited knowledge with respect to risk-return, asset allocation and portfolio […]
What are mutual fund units? The only 7 points you need to know
Don’t worry. I’ll explain everything here. Think of mutual funds like petrol. Except, petrol, you burn off. Mutual funds, you cannot burn off (thankfully). Okay, let me explain this more elaborately. Mutual Fund Units: Like Buying Petrol You buy 10 liters of petrol. And it costs you Rs 75 per liter. So you spent a […]
PF Subscribers To Get Higher Return From Now Onwards?
Before we get into the nitty-gritty of PF, let us first understand the concept. So, what exactly is EPF? Employee’s Provident Fund (EPF) is a retirement benefit scheme that’s available to all salaried employees. This fund is maintained and overseen by the Employees Provident Fund Organization of India (EPFO) and any company having more than […]