Insurance is a contract which provides protection against a possible eventuality or risk. So, insurance in its purest form is an expense rather than an investment. Broadly speaking, life insurance can be categorized as a 'pure risk' coverage plan and the other, which is a combination of .......Continue Reading.....
Multi-cap Mutual Funds Asset Allocation (NEW) Rules | SEBI’s New Norms
The Mutual funds are broadly classified as Equity based and Debt oriented mutual fund schemes. Equity funds are further classified into different categories like Large-cap, Mid-cap, Small-cap, Multi-cap, ELSS (Tax saving), Balanced funds etc., A Large-cap oriented mutual fund scheme .......Continue Reading.....
Property Sale Agreement Vs Sale Deed Vs Property Mutation | Differences & Importance
Real Estate Property is one of the most sort-after investment options in India. Whether you are a first-time property buyer or an experienced owner, buying a real estate property in India is not an easy task. As property related transactions involve lot of money and risks, .......Continue Reading.....
LIC Jeevan Akshay VII Pension Plan (857) – Details & Review
LIC's single Premium Pension plan ‘ LIC Jeevan Shanti’ (Plan No. 850) is currently one of the popular Pension plans. It offers the guaranteed pension to the policyholder, with options like an immediate pension or deferred pension. However, LIC is soon planning to stop offering the 'immediate .......Continue Reading.....
What is an Uncorrelated Investment Portfolio? | Importance of Non-correlated Assets in Portfolio Diversification
Stocks, Mutual Funds, Fixed Deposits, Bonds, Real estate, Gold etc., are various Asset Classes that are popular among the investor community. All of us would like to invest in as many Asset classes as possible. Am I right? But why? Because, we want to spread our Capital across different asset .......Continue Reading.....
REIT Vs Real Estate Crowd Funding | Should you consider ‘Fractional Real Estate Investments’?
Buying a property (real-estate) is one of the most important decisions that you will ever make. Buying a property involves a lot of money and it is a serious money decision. But, real estate as an investment option is mostly unaffordable for most Indian retail investors. .......Continue Reading.....
Gold Investments Tax Treatment in India | Taxation rules on Gains from Selling Gold
We (Indians) love the yellow metal (gold). India’s love affair with gold has been since ages. From times immemorial, gold has been seen as a safe investment, especially when there is an economic crisis. Gold has been preferred by governments also, as a collateral against any crisis. Gold prices .......Continue Reading.....
EPF Whatsapp Helpline Number for Grievance Redressal | Whatsapp Contact numbers of EPFO Regional Offices
EPFO (Employees Provident fund Organization) has recently launched 'EPF Whatsapp Helpline Number' for resolving grievances faced by its PF subscribers & Establishments (employers). EPFO has assigned different Whatsapp contact numbers for all of its Regional Offices. An EPF member can also .......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.....
