Category: Investment
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Why This Bank FD Is Now The Best For Investors?
Banks have dropped their interest rates alarmingly in the last few weeks. In fact, some NBFCs like Bajaj Finance which were offering decent interest rates have also reduced their interest rates. At the moment, it’s very difficult to get good interest rates. However, IndusInd Bank, is still offering a pretty decent interest rate and it…
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3 Large Cap Mutual Fund Schemes With Returns Of 50%
Largecap Funds generally tend to give returns based on movement of the indices, not precisely though. The Sensex and the Nifty have given whopping returns in the last 1 year and benchmark indices have followed with almost similar returns. Don’t read too much into returns of mutual funds over the last 1 -year. The simple…
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Maximum Amount Of Gold You Can Hold?
Gold is purchased for a number of purposes, such as savings, inflation hedge, asset allocation, and so on. Gold has a high emotional quotient, as well as a high perceived value. Although most Indian families own gold, they must be aware of the maximum amount of gold that can be legally held in India. Gold…
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Maximum Cover Under Arogya Sanjeevani Policy Increased To Rs. 10 Lakh
In a bid to extend health insurance cover to a wider population, insurance regulatory body Insurance Regulatory and Development Authority of India (Irdai) has increased the maximum cover under the standard health insurance plan, Arogya Sanjeevani Policy to Rs. 10 lakh from Rs 5 lakh earlier. Maximum Cover Under Arogya Sanjeevani Policy Increased To Rs.…
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Elon Musk’s Satellite Internet Can Be Cheaper In India
Recently, companies like Bharti Group-backed OneWeb as well as Elon Musk’s SpaceX Technologies have shown interest to enter into India’s satellite internet space. Telecom Regulatory Authority of India (TRAI) is seeking views on various ways to make satellite communications more affordable for ordinary consumers in India and has floated a discussion paper for the same.…
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Earn Rs 10,000 every month through this scheme
Investment is a best option to earn returns, however, many times people find it difficult to select the best investment scheme as it is important to invest in the right place. State Bank of India (SBI) has come up with an innovative option for its customers where they can invest their money without any hassle. People…
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How To Accelerate Your Savings
If there’s one Financial lesson that the COVID-19 crisis has taught investors, it’s the critical importance of building a savings pool that can be used to ride out a prolonged emergency, if required. Here are five simple tips to help you accelerate your savings and create wealth. Avoid the lifestyle creep Attempting to keep up…
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10 Lesser Known Facts Of Atal Pension Yojana
APY aims to help unorganised sector workers save money for their old age while they are working and guarantees returns post retirement.
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What is the difference between sum assured and fund value?
The introduction of a Unit Linked Insurance Plan (ULIP) created a lot of stir in the investment market. Since a ULIP product was new in the market, many of you might have hesitated to invest in it due to the lack of awareness. A ULIP product is a financial product with the dual benefits of…