Equity schemes now have 10 distinct categories after SEBI introduced a new system for Mutual Fund classification last year. We’ll tell you about them here.
Many people talk about ELSS investments and Mutual Funds interchangeably. ELSS is a type of Mutual Fund. Other types of Mutual Funds include balanced funds, debt funds, etc. Read on to understand the two better.
While the RBI hasn’t announced an increase in the repo rate yet, banks are proactively increasing interest rates on deposits and loans. Read on to know what consumers can do to make the best of this situation.
Mutual Fund houses have started offering schemes that allow investment through SIPs on a daily basis. So, what are daily SIPs? We’ll tell you about it here.
While saving offers easy access and security to your money, investing helps you in creating wealth by providing higher returns. Your decisions to choose between saving and investing should depend on your financial goals.