All these years, SEBI/AMFI has been allowing multiple funds under same fund categories from same AMCs, in order to bring the desired uniformity across mutual funds and to standardize the various MF scheme categories, the SEBI through Mutual Fund Advisory Committee has issued new guidelines on ‘new .......Continue Reading.....
6 Best Business Travel Credit cards for Indian Corporates
Traveling to different parts of India and abroad does not really come free of cost especially if situation entails frequent movement from place to place. The statement above actually refers to the tours usually associated with certain business development/marketing jobs. Travel credit cards can be .......Continue Reading.....
Its Fantastic Four! Celebrating my Fourth Blogging Anniversary | Thank you, One & All
Happy 4th Blog Anniversary! Today I am celebrating the launch of ReLakhs.com like I do every year in June. Each blog anniversary is a huge milestone for me and the 4th birthday is no exception.I always have this strange perception/feeling that something is going to happen in June. The major .......Continue Reading.....
What happens to EPS on Transfer of EPF account (or) when you switch Jobs?
If you are a salaried individual and contribute to EPF scheme then you must be aware of the fact that that every month 12% of your “salary” is contributed towards EPF account. Your total monthly contribution is routed towards Employees’ Provident Fund.Your employer also contributes 12% of the .......Continue Reading.....
JM Financial NCDs May-June 2018 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products .......Continue Reading.....
Best Mutual Funds 2018-19 | Top Equity Funds post SEBI’s Reclassification
Mutual Funds are the best tools for long term wealth creation. We have thousands of mutual fund schemes to choose from. But, the challenge is to identify the right and top performing mutual funds that can help you in achieving your Financial Goals.Thanks to SEBI’s new norms regarding Mutual Fund .......Continue Reading.....
DHFL NCDs May 2018 Public Issue : Details & Review
The interest rates on Bank fixed deposits may have touched the lowest levels and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products .......Continue Reading.....
The Changing Face of Lending in India | Small Business Loans
Growing a small business can seem like a Herculean Effort. Between focusing on sales, providing customer service and managing inventory, a businessman can feel overwhelmed. In a competitive marketplace, every businessman is concerned about growing his business and keeping up with his .......Continue Reading.....
About ReLakhs
ReLakhs.com is a blog on personal finances. The main aim is to present the information on financial products in a simple,unbiased and easy to understand manner .This blog covers wide array of personal finance topics like insurance,home loans,banking services,mutual funds,tax planning,stock .......Continue Reading.....
