Today the credit card industry has allowed its customers to have the cake and eat it as well. Gone are the times when people used to maintain a single credit card, to fund them in times of personal financial emergencies. Today, the season’s trend is to hold a wide variety of credit cards in order… Read More »
Mutual Fund houses are redirecting their funds towards investments in short term plans while keeping their focus mainly on the liquid assets. The reasons as to why short term funds are in the lime light is because of the rate hikes proposed by RBI and also because of the uncertainty in the long run due… Read More »
While investors are worrying about the rate at which mutual fund schemes are disappearing from the surface of the market, you can be assured that there is nothing to fear as mutual fund houses are just merging schemes with each other, that too at much higher rates than what was observed earlier. While nothing may… Read More »
The most significant advantage of a joint home loan is the increase in home loan eligibility. Incomes from all joint home applicants are pooled in to enable the applicants to obtain a higher loan amount towards purchasing their dream home. All the joint home applicants are eligible for tax rebates under Section 80 C for… Read More »
Another way to use this rule of thumb is to guess the rate of return that you must get for an investment to double within a particular period. Say, Mr. Ramesh wants to buy a house after six years for a budget of Rs. 30 lakhs. He has Rs. 15 lakhs with him as of… Read More »
Apart from investing in funds that can guarantee your returns which in turn might help in funding your financial requirements apart from wealth creation, it is important that you buy the appropriate insurance policies that can save you from any rainy day. After all it is your hard work and investment that will help in… Read More »
Businessmen, who are new to the world of entrepreneurship, are advised by every experienced person to maintain a distance from credit cards in order to fund their business. This is because as these people struggle to gain a strong foothold in their business, and when money is not flowing in as smoothly as it should,… Read More »
Most investors fear that they might lose out on their investments due to the fluctuations in the equities market. Contrary to popular belief, volatile behavior is not restricted to the performance of stock markets. Similar attributes can also be observed in the debt market, and the current scenario is witness to the fact that any… Read More »
Expense ratio, or the expense a mutual fund house incurs to operate a fund, is a charge all investors must bear. Although this may not seem like a huge liability to you, it is these charges on which mutual fund houses heavily bank their profits, irrespective of the profitability of their equity schemes. The expense… Read More »
With a fear of a prospective fall in the market, fund managers have decided to revise their investment strategies in the field of equity schemes. They are increasingly hiking their cash holdings in products, while at the same time, trimming their exposures in Futures and Options (F&O) that were initially used as hedges to protect… Read More »