Sovereign Gold Bonds – Should you invest?
Sovereign gold bonds are government securities with prices linked to the value of the underlying asset i.e. gold. They are issued by the Reserve Bank of India on behalf of the government. In the current financial year 2020-21, RBI had introduced six tranches of the government’s sovereign Gold bond. The first issue happened in the month of April. Now the time has come for second tranche....
Understanding SIP, SWP and STP
We all come across the terms SIP, SWP and STP very frequently while dealing with mutual funds. SIP, SWP and STP are all systematic and strategic investment and withdrawal plans in Mutual Funds. Depending on the requirements of an individual, one can opt for either of the methods. In a nutshell, SIP, SWP and STP are systematic ways to do a transaction in mutual funds. SIP is to invest. SWP is...
Impact of COVID-19 on your Retirement Planning
Coronavirus outbreak has impacted the entire world in more than one way. Every human being has felt the effects of covid-19, be it socially, financially or on health. COVID-19 cases crossed 19 lakhs globally and around 1.25 lakhs turned fatal. In India, the number of cases is in control but still has in 3 weeks crossed 11,000 mark from just 550. The growth in covid-19 cases is increasing...
Importance of Continuing SIPs Amid COVID-19
During these volatile markets owing majorly to COVID pandemic, investors are getting panicked as to what should be done with their investments? Should you be investing more? Should you be redeeming some of your investments? Many must be thinking to stop their SIPs during such downfall. Today we are going to address one of the major concerns of whether to continue...