Big news for those investing in Mutual Fund! Your schemes will change, know everything

SEBI (SEBI) has asked mutual fund companies to change the name of their Dividend Plan. These include both existing and new schemes. The regulator has also asked fund houses to clearly tell investors that they give some of their capital as dividend. Explain that fund houses offer three types of dividend options. The names of these three are to be changed for each existing scheme with new fund offer (NFO). The dividend reinvestment will be named Reinvestment of Income Distribution cum Capital Withdrawal Plan. Dividend Transfer plan will be known…

The 4.5 year record has been broken, the market has climbed for the 10th consecutive season

On Wednesday, the stock market broke a record of four and a half years. The market managed to close with a 10th consecutive session. For the first time since January 2015, domestic stock markets closed for the 10th consecutive session. The market was open in the morning with weakness. The BSE Sensex closed at 40,795 with a light strength of 169 points or 0.42 per cent. At the same time, the Nifty 50 index ended the business at 11,971, registering a gain of 37 points or 0.31 per cent. The…

Tax Savings – Public Provident Fund (PPF).

The account is a long-term savings institution provided by the central government, entered into force from 1 July 1968. This investment gives us ASSURED RETURNS & PROVIDE OLD AGE INCOME SECURITY for everyone. By investing in a P.P.F account, we can see the power of COMPOUNDING in the long run. This account is the E.E.E. Is under the rule. Features. WHO CAN – Any person – Resident, over 18 years old, Minor via Guardian.. Eligibility. Who can – non-resident, H.U.F., foreigner.. Entry age. No age limit for opening A /…

Financial Planning For Beginners….

Management of our own money is a must in today’s life as money is something which can help you anyway in times of crisis, health issues, inflation etc. Problem Never comes with a warning. So a person needs to be ready for it and in money is something which is one of your best friends, if you have it people will be your friends too and if not people will find ways to ignore you as they feel that you might ask for monetary help from them. Management of money…

What is SIP? How SIP Works?

Just 5 minutes to invest in SIP Systematic Investment Plan (SIP) gives you the opportunity to put a certain amount every month in your preferred Mutual Fund scheme. SIP or Systematic Investment Plan is being searched most on Google. Many investors want to know about this method of investing in Mutual Funds. In the last few years, investment in SIPs through mutual funds has increased rapidly. If you also want to earn a good return on your savings, then we are telling you how you can easily invest in SIP.…

Five Ways To Invest In Gold

Five Ways To Invest In Gold   When it comes to investment Gold investment is one of the best investment opportunities that comes our way. Gold investments are profitable in the long run as it is a safe haven when the market is low or going through recession. For example at the time of coronavirus pandemic 2020 people started buying Gold as the market was going through recession and people wanted a safe source where they can park their money. Investors and savers like gold for so many reasons you…

Complete Truth About Health Insurance in India

In today’s world health insurance is one of the basic necessities in a person’s life. But there are so many myths as well as clauses which makes it difficult to understand about health insurance. As there is a high competition in the market so companies and third parties are providing more and more information and facts available for the customers so that they never fall because of myths. Anything which is there in the market has its pros and cons but when it comes to health insurance it has more…

5 mistakes often made by people while purchasing life insurance policy

Investment in a life-insurance policy is really worthy for any individual as it secures your life as well as the lives of your family members. It has a tenure fixed by its company as soon as the tenure is over you get back the whole amount and in case of your demise the total amount at the death is handed over to the nominee. Although because of so many policies and plans prevailing in the market a person gets confused among them as it is really important to compare plans…