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How can I convert my current SIP plan into a lump sum?

Mutual fund investment offers flexibility to the investor. Both systematic investment plan (SIP) and lumpsum investment helps investor achieve diverse investment goals of the investor. However, each mode of mutual fund investment comes with its own benefits. SIP investment allows you to invest a certain amount at regular intervals for a specific period in aContinue reading “How can I convert my current SIP plan into a lump sum?”

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How you can personalize your investment experience?

Good personal finance management is extremely important to achieve all your financial goals. The way we manage our personal finance has a huge impact on the cash flow, savings, and investment growth. It is crucial to have a solid plan for accomplishing each of your financial goals. To do so, it is first important toContinue reading “How you can personalize your investment experience?”

List some best tax saving investments

Tax planning is an important aspect of your financial planning. When you plan your taxes efficiently, you can increase your income. Hence, tax-saving investment options play an important role in your yearly investment decisions. The Income Tax Act, 1961 has provisions of the tax deduction for various investment options under various sections. Let’s list outContinue reading “List some best tax saving investments”

How Equity Funds are Better Than Stock Investment?

Most investors know the importance of investing in equity for higher returns and long-term wealth appreciation to achieve various financial goals. However, considering the higher risk involved with the equity asset class, many investors hesitate to invest. If you are a first-time investor in equity, it is quite common to have a question in mindContinue reading “How Equity Funds are Better Than Stock Investment?”

How is the RD amount calculated for payment on maturity?

A recurring deposit, or RD, as it is more commonly called, is a type of investment where you invest a fixed sum of money at a fixed rate of interest for a fixed duration of time. This makes it easier for you to know exactly how much you stand to receive as the maturity amountContinue reading “How is the RD amount calculated for payment on maturity?”

Top 10 Mutual Funds for SIP to invest in 2021

Systematic Investment Plans (SIPs) allow you to invest in mutual funds in the most affordable manner. You can start your mutual fund investments with as little as Rs.500 every month and build up a corpus over time. Through SIPs, you get the benefit of rupee cost averaging and you don’t have to time the market.Continue reading “Top 10 Mutual Funds for SIP to invest in 2021”

What are the best long-term mutual funds to invest in?

Mutual funds have gained a lot of popularity over the last few years. Financial experts aggressively advise people to invest in these funds. Mutual funds have a certain amount of risk associated with them, but they also offer pretty substantial returns. Due to this risk factor, it is highly advisable for investors to stay investedContinue reading “What are the best long-term mutual funds to invest in?”

Best RD Interest Rates in India & How is the RD amount Calculated?

A recurring deposit, or an RD as it is better known, is a very popular form of investment in India. It is a safe and low-risk investment that promises to fetch the investor some fixed returns. There are several other benefits that you get when you start an RD and this is why you shouldContinue reading “Best RD Interest Rates in India & How is the RD amount Calculated?”

Which SIP Gives Highest Returns?

If you are new to investments and mutual funds is what tops your list, starting with SIP helps you make investment a habit. In a Systematic Investment Plan (SIP), you invest a small amount of money in a mutual fund of your choice on a routine basis. A specific sum of money is deducted fromContinue reading “Which SIP Gives Highest Returns?”

Can I buy mutual funds today and sell tomorrow

Starting from instant noodles to instant money transfer, instant is the new normal—the need of the hour. Why should the money market hang behind? If you want to redeem their money from the market almost instantly, the Securities and Exchange Board of India (SEBI) has introduced a new type of debt funds called overnight fundsContinue reading “Can I buy mutual funds today and sell tomorrow”