20 Tips to Save Money By Being Eco-Friendly: World Environment Day 2019
World Environment Day, led by the United Nations Environment programme is globally celebrated today, the 5th of June every year. The United Nation tries and creates awareness about the importance of environmental protection and ecological sustainability. In 2019, China would be hosting the global World Environment Day celebrations based on the theme ‘Air Pollution’. Let […]
Franklin Mutual Fund Scraps Exit Load on Switching to Direct Mutual Funds: Will It Impact You?
As investors, we have heard about the exit load that is deducted from our investment when we withdraw or redeem mutual funds. The asset management industry has seen several key reforms in the recent past, such as the recategorization of mutual funds, the introduction of TRI (Total Return Index) as a benchmark for most mutual […]
Debit Card: Benefits, Types, Best Debit Cards and More
Debit card is a popular type of money that many of us carry with us. As digitization has increased rapidly over the past few years, plastic and electronic money have become very famous. Debit card is one of the most popular and widely used forms of plastic money. In this article, we will cover the […]
5 reasons why investing in mutual funds can make you richer than investing in direct stocks
How is investing in stocks different from investing in mutual funds? This is one question a lot of us ask. If you decide to invest in equity that would be with the aim of churning out higher returns over a long term. This could either be via direct investment in stocks or mutual funds (MF). […]
Why Are ESOPs Not Great Investment Options?
Let’s start with a story. Abhishek has just joined Wipro as an IT professional. His CTC (Cost-To-Company) was 13 lakh, with 8 lakh in-hand. He received 2 lakhs as ESOP (Employee Stock Ownership Plan), which was a joining bonus and 3 lakh as a one-year bonus, again in the form of ESOPs. Abhishek works hard […]
What are Investment Options for the Beginners
A different form of stress comes with the completion of an educational degree. Most graduates in professionals streams look towards a good job as the ultimate reward for their efforts. Landing a plum job in a reputed multinational company is a dream of many graduates and postgraduates across the country. It is often the first […]
I Want to Invest a Sum of 2000 in an Equity Oriented Fund Through SIP. Please Suggest in Which Scheme Should Invest?
Congrats on the excellent decision of starting SIP. Small savings can have a big advantage in the long run. There are two steps you should take to choose the right funds for your investment needs. 1. Choose the right category of Mutual Funds – Based on your investment horizon, risk appetite and returns expectations your answer […]
Why Should You Invest in Mutual Funds Instead of Fixed Deposits
In an earlier article, I talked about how investing in mutual funds is still a better choice than fixed deposits. Just to summarise, mutual funds in comparison to the fixed deposits provide better returns, they are more flexible with tax exemptions, provide easy withdrawal, purchasing options and much more. Whereas on the other hand, there’s […]