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 […]
Low Risk Appetite? Have You Invested in Corporate Bond Funds Yet?
Any company has two ways to raise money for their day to day operations and future expansions – debt and equity investment. Equity investment means diluting the present holding of the company by expanding its shareholder’s base. Debt, on the other hand is considered to be a safer option as it doesn’t affect the shareholders […]
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 […]
How to Remove Money from FD and Invest in Mutual Funds
If you are a basic investor seeking ways to secure a steady income from investment opportunities, you will have already met with your banker, possibly with a money manager too and read up daily business news. There are two safe alternatives for investment that don’t require you constantly looking up the daily price of a […]
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 […]
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 […]
ULIPs: Types, Categories and Comparison With ELSS Funds
ULIPs or Unit Linked Insurance Plan is another investment instrument where a part of the investment goes to the insurance or life coverage and the remaining to equity or debt investments. An investor has an option to either invest in a debt fund or an equity fund, depending on their risk appetite. For example, an […]