For NRIs looking forward to make huge savings with small monthly investments, the Recurring Deposits seems to be an excellent option. A recurring deposit account is one that enables the depositor to save by paying an agreed fixed monthly sum for a required period. This type of an account goes well with people with fixed […]
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What you need to know about Floating Rate Mutual Funds?
Listen to this article In school, our hearts warmed with happiness when our grades turned out to be better than expected. The same surge of happiness touch us when we are awarded an out of turn promotion at work, win a sports match which we are close to losing, or are rewarded with a higher […]
How to Choose the Right Mutual Fund Option?
Listen to this article Everyone has some or other kind of financial goals, no matter how big or small these might be, which they want to accomplish. Mutual Funds, here may seem an easily achievable investment option to go for. Table of Contents 1.)Benefits of Investing in Mutual Fund 2.)What is the difference between “Growth and Dividend […]
How to get the most out of the idle money in your savings account?
Almost everyone has a tendency to save some excess money in his or her bank accounts, to use the same for any unplanned expenses in future, or during any unexpected situations, or even sometimes just as a factor of comfort. For this, a savings account in the bank seems to be the safest, most feasible […]
All you wanted to know about Mutual Fund Monthly Income Plans
Myths about MIP [the_ad id=’15144′] Monthly Income Plans or MIPs seem like a good and wide umbrella which will protect the investors from the vagaries of the market weather. It is mostly PERCEIVED to be “a risk-free product which will deliver regular incomes month after month in an un-interrupted manner while the original investment remains […]
How do You Maximize Your Returns from a Mutual Fund SIP?
Listen to this article Everybody would have heard the story of the crow and pebbles. How to quench his thirst he dropped a pebble into the pot. He didn’t give up and continued doing so. 💡The Result: water level rose, came to brim, he drank and flew away reaping the benefits! This is how compounding […]