Healthcare costs in India are increasing at a distressing rate. Based on some estimates the annual healthcare inflation is the range of 15 – 25%. A hospitalization for a serious illness can cost Rs 5 lakhs or above...Read More
A car accident is always distressful situation for the car owner. Not only is there the risk of physical injury and the inevitable damage to your car, but the possibility of the insurance company rejecting your claim...Read More
Unit Linked Insurance Plan is probably the most controversial investment product in the recent history. It was marketed aggressively by the insurance companies, and there was low awareness among investors...Read More
Principal Balanced Fund is one of the best performing balanced funds in the last 3 to 5 years (please refer to Advisorkhoj research tool, Top Performing Balanced Fund Equity Oriented). In the last 5 years, Principal Balanced Fund was among...Read More
Large cap equity mutual funds are mutual fund schemes which invest at least 80% of their assets in large cap stocks. SEBI defines the top 100 stocks by market capitalization as large cap stocks. Large cap mutual funds tend to be less volatile...Read More
National Pension Scheme (NPS) is a scheme launched by the Government of Indian in January 2004. The scheme aimed at creating cash flow for the senior citizens post their retirement. India like most other developing...Read More
SBI Savings Fund is an ultra-short term debt fund which offers instant redemption. Ultra-short term debt funds are money market mutual fund schemes, which invest in very short term fixed income securities like commercial paper, certificate of deposits...Read More
In our last two posts on this series we discussed how SWP from ICICI Prudential Balanced Fund and Reliance Regular Savings Fund Balanced option were proved to be good options if one was looking for regular returns by using the SWP method...Read More
Section 80C of Income Tax Act allows tax payers to claim deductions from their taxable income (up to Rs 1 Lakh) by investing in certain instruments. However, many tax payers are not aware that, there are other sections of...Read More
An effective way to save tax, as advised by tax consultants, is to form a Hindu Undivided Family. The principle of taxation of Hindu Undivided Family is based on the concept of joint family in India, where the assets...Read More