Cashless Everywhere is a new initiative introduced by the General Insurance Council of India recently in consultation with General Insurance companies. So far customers could do cashless payments only in the hospitals that were covered by their health insurance company’s
Senior Citizen Saving Scheme (SCSS) is a government-backed savings scheme available in India specifically designed for senior citizens. It is aimed at providing financial security and regular income to individuals aged 60 years and above. Here are some key features
Don’t leave it for too late – the last date is 31st July 2023, but if you are a salaried employee and have already received your Form 16, then you should start the return filing process asap. Last minute the traffic
Passive Mutual Funds are funds that replicate a market index like Sensex or Nifty. These funds invest in the constituents of the index that they track in the same proportion that makes the Index. Fund managers of such funds DO
ETF or Exchange Traded funds are similar to Mutual Funds. They are a basket of securities managed by an Asset Management Company (AMC) that pools small amounts of different investors and invests in an Index, sector or commodity. ETFs
The investing done by most people is adhoc and haphazard in nature. Following is an easy wayto identify, plan and invest for your goals.
There are 2 ways in which investors can invest in Mutual Funds – Direct plan and Regular plan.When an investor uses the services of an advisor to invest, the advisor is paid a commission bythe Fund Manager. This is the benefit
What are Target Maturity Funds? Target maturity funds are passive debt mutual fund schemes, tracking an underlying bond index. Unlike other open ended mutual fund schemes, target maturity mutual funds have defined maturity dates. On the maturity date, investors holding units of target
Gold is a popular mode of investment for most Indians and specially women. Gold acts as a hedge against inflation and over a period of years provides returns in the range of 6-10% annually. If someone wants to invest in
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