Health insurance ensures the best healthcare for you & your family in a medical emergency

Medical emergencies strike unannounced and when they do, besides incurring physiological stress, you also face financial stress. Medical treatments have become quite expensive as new and modern day treatments have revolutionized the healthcare sector. While modern medicine has found cures of many dreaded illnesses, it has also become unaffordable for the common man. Moreover, illnessesContinue reading “Health insurance ensures the best healthcare for you & your family in a medical emergency”

What is the difference between hybrid funds and debt funds?

Mutual Funds have taken the Indian markets by a huge storm. As per AMFI reports for the year 2019-20, 9.83 lakh SIP accounts have been added each month! Broadly speaking, there are five categories of mutual funds for Indian investors: Equity schemes,  Debt schemes,  Hybrid schemes,  solution oriented schemes, and other schemes such as ETFs,Continue reading “What is the difference between hybrid funds and debt funds?”

Who Should Invest in ELSS Mutual Funds and explain Tax Implications on ELSS?

Equity Linked Saving Schemes, ELSS, are quite popular among investors. These schemes allow you to invest in equity oriented securities for good returns. The lock-in period of three years gives you the benefit of disciplined savings and the tax benefits are the icing on the cake. However, when investing in ELSS mutual funds, you shouldContinue reading “Who Should Invest in ELSS Mutual Funds and explain Tax Implications on ELSS?”

Advantages of Money Market Funds and how tax is applied to it

The world of mutual funds is wide and varied. There is something for everyone. The risk-loving investor can opt for equity funds while debt funds fit the bill for the safe investors. Basis SEBI’s re-classification exercise, there are 16 types of debt funds. This classification is primarily basis factors such as the type of debtContinue reading “Advantages of Money Market Funds and how tax is applied to it”

Best App to buy term insurance within a few clicks

The importance of a term insurance plan cannot be stressed enough. The plan covers the risk of premature death and provides your family financial security even in your absence. If you invest in a term insurance plan, you can leave behind a source of income for your family even when you, the breadwinner, are notContinue reading “Best App to buy term insurance within a few clicks”

How and why are low duration funds essential for your portfolio?

2017 witnessed a major event in the Indian mutual funds space. SEBI launched a re-categorization and rationalization exercise to ensure that mutual funds remain “true” to their label and schemes within the same category share uniform characteristics. For investors, this re-classification of debt funds, equity funds and hybrid funds would translate into simplicity and standardization.Continue reading “How and why are low duration funds essential for your portfolio?”

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