Post Office NSC or National Savings Certificate is a popular investment vehicle. In this post, we look at NSC interest rate chart, Tax Benefits and interest rate calculation. NSC has been into market since early 1950s. The NSC during the beginning was issued with an intention to raise money for helping the development of India. … Read more
Since Jan 1, 2013, all open ended mutual fund schemes including equity and debt fund started to offer Direct Plans alongside with the Regular Plans. This started an era of self-investing in mutual funds without the assistance of financial advisors or need to visit a distributor for investing into a mutual fund by investors. After the introduction … Read more
Another investing season has begun, it’s the perfect time of the year to plan for effective management of your personal funds. Financial planning i.e. planning your finances as the name itself suggests, is the most important factor in our lives. But, we often tend to ignore it or usually don’t pay much attention or don’t … Read more
Kisan Vikas Patra (KVP) for a very long time has been a very popular investment scheme amongst lower and middle income earners. The KVP scheme was first introduced in 1988 but was discontinued in 2011. But due to popular demands and request the KVP was re-introduced in 2014. KVP is a government investment scheme wherein … Read more
Home is a basic requirement and a cherished dream for every individual. To turn this beautiful dream into reality, home loan is one of the most preferred routes in our country. At the same time, taking a loan to buy your home is a heavy liability that goes on for as long as 30 years. … Read more
Two popular long term investment alternatives: National Pension Scheme vs Public Provident Fund. Both, seem to be a good fit for risk averse investors who wish to invest money for their retirement. Which one to choose? Let’s analyse few important points to take the correct decision. Public Provident Fund & National Pension Scheme: Importance Post-retirement life … Read more
If you are thinking to dive into the vast stock market, don’t miss to go through these Stock Trading Basics. A Stock Market Beginners Guide containing a set of simple yet useful investing basics to enhance your knowledge. There are many people who are excited about investing their money in stocks. After all, the markets can be … Read more
Know What is ELSS or Equity linked Savings scheme? Go through ELSS features, benefits and other important details on these popular tax saving mutual funds in India. Indeed a jumbo post to read! All your doubts shall get cleared after scrolling down this comprehensive guide on ELSS funds. What is ELSS? Meaning to Know Equity … Read more
Most companies who have not gained much good fortune when it comes to access to funds are start-up companies. Because of this reality, starting the dream business you have dreamt of becomes more difficult to achieve. Banks have been strict and picky when evaluating start-ups. Most especially when the business plans presented to them show … Read more
With the advent of technology and fast emerging era of digital investing platforms, the significance of having a demat account can’t be ignored. Demat account is a place to hold your securities in dematerialised or electronic form thereby eliminating the need of physical certificates. Opening a demat account is essential for trading and getting instant … Read more