The not so secret recipe in the wealth creation is the “power of compounding”. The concept of compounding is simple. Power of compounding is nothing but interest earned on interest or profits earned on profits. The power of compounding over...Read More
Nowadays, conversation of any importance always centers the young generation. It is solely because 60% of the population in India is young guns and they are making a difference to the economy. They are believed to be the major contributors to the...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
Health insurance is a critical need for senior citizens because health risks increase substantially with advancing age and the cost of quality healthcare in India has grown exponentially in the last decade. In India, it is quite common for senior citizens to be...Read More
Midcaps and small cap stocks had a dream run from 2014 to 2017. Top performing small / midcap equity mutual funds gave around 20% annualized returns over the last 3 years. Naturally midcap and small cap mutual funds were the flavors of the...Read More
Infrastructure is said to be the tangible aspects such as roads, railways, transportation, electricity and so on which are indispensible to the day to day functioning of an economy. The state of the infrastructure is...Read More
Foreclosure of a home loan is a wise decision as it helps lower the interest burden and brings down the overall cost of the property to the owner, while preserving the asset value. However, foreclosure of home loan could also be tricky, particularly if...Read More
We have discussed in a previous article, Protect your family with Health Insurance, why health insurance should form a critical component of your financial plan. With rising cost of healthcare and awareness...Read More
Reliance Banking Fund is the best BFSI sector fund in the last five years, on the basis of trailing annualized returns. The Banking, Financial Services and Insurance sector (BFSI) sector has the highest weightage...Read More
For parents who want to save for their children’s education or marriage, mutual fund is the best investment option. Since children’s education or marriage is a long term financial objective, like retirement...Read More