Investment refers to the distribution of money in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development. The benefit from investment is called a return. The return may consist of a profit from the sale of property or an investment, or investment income including dividends, interests, rental income etc., or a combination of the two. Investment provides great many benefits and ensures that your money does not sit idle in your bank account and is in turn making even more money in the form of interest or the assets you invested into are seeing an increase in valuation. Investment is important as it ensures that your current income gets tax exemption and gives you future protection in the form of financial stability. It provides you with backups that will help you financially in your time of need.
There are various things to know before investing in mutual funds and you should make sure that you understand the basics of investing in mutual funds first. Multiple factors may come into play when it comes to investing in mutual funds. How much you invest and the duration are the factors that will be under […]
Continue Reading
Did your tax-saving plan get jeopardized due to the current pandemic? Don’t worry! You can still invest in some tax-saving Mutual Funds, i.e. the ELSS funds until the 31st of July and claim your tax deductions for the last fiscal year. People keep looking for investment instruments to grow their wealth and also save on […]
Continue Reading
You ran a mile or ate protein today for your Fitness Health. But what about your financial health? They say ‘Health is wealth’ but is health really enough to build wealth? Well, the answer is NO. Just like exercise is crucial for your body fitness and health, good personal finance decisions and understanding the basic […]
Continue Reading
A Payslip is such an important document that it is required to be produced for availing benefits and separation payments to an appropriate recipient after an employee is deceased. What is Salary Slip or Payslip? A salary slip or Payslip is a document issued by an organization to its employee that comprises a list of […]
Continue Reading
It is a normal perception in the minds of the average investor that equity is the best asset class to create wealth in the long term, but is that really true and should we focus only on the returns or risk-adjusted returns? To think about it, even gambling is a good way to get a quick buck reward, […]
Continue Reading
The Government of India has taken up several measures related to education and financial freedom for the girl child. Sukanya Samridhi Yojana is one such scheme by the government that enables parents to save and build a fund for their daughter’s bright future. What is Sukanya Samridhi Yojana (SSY)? Sukanya Samriddhi Yojana (SSY) is a […]
Continue Reading
Sukanya Samriddhi Yojana (SSY) is a savings scheme started by the Government of India that encourages parents to save money for their girl child. The scheme motivates the parents/legal guardian of the girl child to build a fund for marriage expenses and future educational purposes. SSY scheme was launched by Prime Minister Shri Narendra Modi […]
Continue Reading
A significant number of investors across India look for low-risk investment options. The socio-economic structure of the country, where more than 40 million nationals are categorized as middle-class depending on their annual income, emphasizes more on assured returns than on risky, yet high-yield investment policies. To cater to this unique market, financial institutions in India […]
Continue Reading
The HDFC Asset Management Company has been a leading AMC in India for many years now. It is regulated by the Housing Development Finance Corporation Bank. Countless investors have invested in multiple investment options offered by the HDFC Mutual Fund Schemes for the past decades. HDFC Mutual Fund has been trying its best to cater […]
Continue Reading
If you are thinking to invest in a SIP plan, then you need to find out which are the best SIP plans currently available in 2020. You require all the detailed information about those plans so that you can invest intelligently and receive good benefits from it in the future. Investment should always be done […]
Continue Reading