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Do you know your EPF account, through its scheme called EDLI, provides you with the insurance cover up to Rs.6 Lacs?? In this scheme, you don’t have to invest a single dime from your pocket!! Yes, it is true… The Government of India has introduced the Employee Deposit Linked Insurance Scheme (EDLI) in 1976. Through … Continue reading Employee Deposit Linked Insurance Scheme (EDLI): How can you benefit from it?

EPS is a pension scheme made for the organized sector. All EPS members who have completed 9 years and 6 months of their service and have completed 58 years of service will get a pension through EPS Scheme. An employee, who is a member of EPF, will automatically become a member of EPS. An Employer … Continue reading All you wanted to know about Employee Pension Scheme (EPS)

Sensex touched an all-time record high of 40312 on June 2019.. In just 3 months, now the market is down by 7%. and now trading at 37000 levels. A famous newpaper reported on 2nd Aug 2019… Nifty erases 2019 gains, BSE listed companies lost nearly ₹15 trillion since 5th July This recent alarming fluctuation in … Continue reading Stock Market Continuously falls down! What should you do?

Are you a salaried employee curious to know how your monthly deduction from your salary is being utilized? Do you know, what are all benefits you can get from your EPF account? In this post, we are going to discuss in detail whether the investment in EPFs is worth considering or not! We will dive … Continue reading Employee Provident Fund (EPF): A Complete & Comprehensive Guide

Unit Linked Insurance Plans (ULIPs) have always been popular among people. They have some attention grabbing features such as: They combine the advantages of investment and insurance in a single plan. The benefit of Life Cover. As a result, your money is expected to grow, plus the future of your loved ones will remain protected … Continue reading ULIP Review: ICICI Prudential Signature Plan – Is it Good or Bad?

One of the reputed asset management companies, BNP Paribas, is expected to launch its NFO “BNP Paribas Global Innovative Technology Fund”. Is BNP Paribas Global Innovative Technology Fund a good fund to invest? The NFO issue is scheduled to open on 16 August, 2019. One interesting thing about this NFO is that it is an … Continue reading NFO Review: BNP Paribas Global Innovative Technology Fund

Writing a cheque seems to be the easiest thing to do right? For many people, it’s a routine task to do. But many times people end up writing cheque loosely, which leads to major fraud and cheating. Many such events are being recorded by the banks on a routine basis! This article will help you … Continue reading 5-Steps Checklist while writing your Cheque!

Do you know, according to the survey conducted by HSBC, as high as 77% of Indians believe that their children will take care of them after their retirement? Do you think it is the smart way to plan your retirement days? Previously, the Indian government used to take care of the pensions of all their … Continue reading BEWARE: The Trap of neglected Retirement Planning Ahead!!

ITI Mutual Funds has launched their ITI Long Term Equity Fund on July 15, 2019. This NFO issue will be a new addition to the funds categorized under ELSS Tax saving schemes. This review of ITI Long Term Equity ELSS Fund will give you an idea of whether to invest or not. Let’s see the … Continue reading NFO Review: ITI Long Term Equity (ELSS) Fund—Regular Plan

Different people have varying beliefs about Financial Planning. Everyone talks about what works for them. But, what is the actual financial planning process? It is unfortunate that though money is absolutely essential in everybody’s life, still financial literacy is not being taught in our school system! As a result, Financial IQ doesn’t develop and people … Continue reading A Five Step Financial Planning Guide for Beginners