The debate of Mutual Funds vs ULIPs has started again after the introduction of Long Term Capital Gains Tax on equity mutual funds and stocks in Budget 2018. Many investors want to know which one is a better investment option for long-term – Is it Equity mutual fund or ULIP? The 10% LTCG tax is not applicable on ULIPs (as of now). For tax […]
Financial Planning
Beware and be aware of ‘AsteRISK’ symbol (Information Risk) when taking investment decisions!
Risk implies uncertainty. It is the potential of gaining or losing something of value. In financial language, it is the chance an investment’s actual return can differ from the expected rate of return. All investments involve some degree of risk. If you intend to purchase any financial product – such as stocks, bonds, insurance or mutual funds – […]
Latest NPS Partial Withdrawal rules | Is NPS a good investment choice?
The Government of India rolled out the National Pension Scheme (NPS) for all the citizens of India from May 1, 2009 and for corporate sector from December, 2011. The Centre made NPS scheme mandatory for all the employees who joined the service on or after January 1, 2004. It has since been adopted by most state governments […]
The importance of numeracy in becoming Financially Literate!
It’s heartening to see an ever-increasing number of people take active interest in managing their finances. Supporting these people with information, tools, guidance and moral support are multiple bloggers, websites, Facebook groups, WhatsApp groups, etc. All of these are good signs, not just for the common investor, but also the industry as a whole. As […]
How to empower your Domestic help (Domestic Workers) Financially?
Only Wealthy and rich people need a financial plan! Is this true? What about the individuals and families who have very low income & who struggle to meet their ends? Do they require help and assistance in planning and managing their finances? These low-income households can be some of your helpers like – your domestic […]
Investments options in India for Indian expats in UAE
Every year, a large number of Indians leave their homeland; either be it for work opportunities or for higher studies or set up a business. The main intention behind this is to earn more and perhaps get settled abroad. UAE is an economically rich country when compared to India. To make the most of the […]