Equity mutual funds have not only offered investors with a safe inflow of steady income, but have also earned a whopping profit of Rs. 1,942 crore in the month of August, in spite of the fall in the outflow of several debt and money market funds by 4% in the domestic mutual fund industry. Several… Read More »
Once investors’ sign up for investing in the markets, there are a lot of different reactions pertaining to how experienced each investor is in the wake of market volatility. If you are a new investor, obviously there is going to be a lot of skepticism from your side as to the markets underperformance. As a… Read More »
It is always a very noble gesture when a friend helps us during our direst times. But the set back just sets in when the help required is in terms of finance. The eventuality of losing out on your close friend or acquaintances is quite a scary one which most of us do not want… Read More »
As prudent investors, it is very important for you to invest rigorously as you start earning. For example, if you manage to land into a job at the age of 25 and are receiving a take home of Rs20-25k per month, try to invest as much as 40% of your income. Only then you will… Read More »
Mutual funds make investments in a wide array of securities that possess their own risk profile. Their asset allocation helps investors comprehend this risk that is involved in the asset. It also mentions the classes of assets and provides additional information on the securities in which the fund manager invests. While all funds come with… Read More »
Today, our generation can be defined as the one that shares utmost peace and comfort with gadgets and gizmos of all shapes, makes, and sizes. We all rely heavily on these instruments for our everyday tasks, from alarm clocks to wake up in the morning, to cell phones that do not just enable you to… Read More »
These days, when people flash their wallets at the departmental store, you hardly see any one carrying the photos of their loved ones, or other personal memorabilia. All you see will be an array of multiple credit cards offering a glimpse into how the world has shifted its focus today. Earlier, a credit card was… Read More »
With the arrival of the festive season, do not be surprised if you are flocked by credit card companies trying to attract you with all the latest offers and schemes to draw you into their hold. While you may be left baffled, confused and starry-eyed for a while, shuffle your plastic cards smartly to make… Read More »
Cancelling your credit card can be a highly tricky and a time consuming affair as you can have bills from the cancelled credit card still arriving at your doorstep. Although you might have cancelled the credit card from your side by simply chopping it into two, the decision to cancel the credit card may not… Read More »
Gone are the days when you had to clear your utility bills in person, standing at the counter to make payments with cash or cheques. With recent times and the transcending payment scenario, you do not have to sweat it out at counters just to make your utility bill payments. Today, you can avail the… Read More »