Life insurance has always been a preferred investment option for all people due to the financial security it offers to a family after the demise of the policyholder. It also becomes ideal for people with a conservative risk profile. In the budget 2023, it was announced that high-value insurance purchases would henceforth be taxed with effect from 1st April 2023. This newly introduced...
As the global economy has entered a phase where the interest rates have been shooting up abruptly, debt investments have begun to pose as an attractive option for investors. While debt mutual funds provide many similar benefits as compared to bank FDs, it has caused investors to feel mixed up about selecting the suitable investment option for their portfolio. To understand how to choose...
Attributing to the rise in inflation, it has become a requisite to have sufficient investments in order to meet your needs. With inflation causing a ruckus in the global economy, investors have begun expanding their orbit and stepping into non-traditional investments to keep up with the pace of rising expenses. Among various channels that provide returns adapting to the rate of inflation, you...
While commuting to work, you catch a glimpse of the same billboard every morning. It says something along the same lines of ‘Get rid of all your financial worries by investing in best debt mutual funds.’ You might find it amusing. If it were that easy, wouldn’t everyone be rich? But what if we told you, it is not that hard or out of reach either? Because with every little eye roll or...
“Saving money is wise but investing it is profitable” and what better than a Mutual fund. Mutual funds let you invest in a variety of funds and are also easy to buy and sell. Thereby making every investor’s first choice for investment. The most prominent type of Mutual funds are: Equity FundsDebt funds Understanding each category will help you to choose your investment wisely. Let...