Posts in Category: financial planning

What is SIP ? How it works

The introduction of Systematic Investment Plan (SIP) in the mutual fund is regarded as one the major breakthrough in the sector. It has helped to attract a new class of investors in the sector who were not comfortable to invest a lump sum at a time. SIP in mutual fund first was launched on December 4, 2010, through BSE Star MF platform. Today, it has around 1.52 crore active SIP accounts that have contributed Rs 43,921

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Child Plans: How to plan for your Child’s Education

TL/DR: Summary of the post 
1. Child Plans available and marketed by different companies are not great
2. Create your own child plan
3. Mutual funds can be a great way to create a Child Plan for your Childs future
education or other requirements
4. Learn how to create your personalized child plan

Providing your child the best possible education is the dream of every parent and to make this dream into a

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How much money do you need for retirement

Have you ever given a thought as to how much money you require for your retirement?
How much savings will ensure you that you have enough money to outlast you.
If not this is what we are going to discuss in this weeks mailer.
Before we go into details there are few trends/observations which I want to discuss up front.
  1.  We live in a country where the state provided social security is almost zero.
  2.  Unlike our parents, most of us

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Post Office Sukanya Samriddhi Yojana (SSY): Scheme Details, How to open An Account

Sukanya Samriddhi Yojana is a govt scheme for the girl Child however very few people know that sukanya samriddhi account can be opened in post office as well. We discus about Post office Sukanya Samriddhi Yojana Scheme Details, how to open an account and tax benefits in this blog.

Gender discrimination is one of the grave problems we all face in India. In India where education of male child is given priority and where wedding expense

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Post office scheme for Boy Child : Save more for your Boy

Post Offices have helped many citizens develop investment habits. In this blog post, we look specifically at the post office schemes for a boy child. We will specifically discuss ‘Ponmagan Podhuvaippu Nidhi’ and how other post schemes can be used for the boy child.

Indian Post offices have existed for a very long period. The post office has been the oldest organization which has helped the Indian citizen to cultivate and nurture the saving and investment

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Post office KVP: Scheme Details, Interest Rate Chart, Taxation Benefits

Kisan Vikas Patra (KVP) for a very long time has been a very popular investment scheme amongst lower and middle income earners . The Post 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 an individual can invest their saving in lump-sum. On every investment made the by the individual government pays interest

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What is SIP and How SIP works : Working of Systematic Investment Plan

What is SIP?

systematic investment plan (SIP) is a small and easy plan offered to interested mutual fund investors. SIP scheme is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The underlying instrument in SIP is mutual fund though unlike RD. The SIP scheme helps an individual investor to invest under in the Mutual Fund scheme in instalment instead of a lump sum of amount. This post

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SIP vs PPF : A Detailed Comparison

A Systematic Investment Plan (SIP) is a small and easy plan offered to interested mutual fund investors. SIP scheme is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The SIP scheme helps an individual investor to invest under in the Mutual Fund scheme in instalment instead of a lump sum of amount. In this blog SIP vs PPF we compare SIP and PPF with regards to

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National Pension scheme (NPS) Calculator

National Pension is one of the popular tax-saving schemes. In this post we look at various NPS Calculator and how NPS calculators work.

National Pension scheme calculator works on the below few factors:

  1. Age
  2. Amount of contribution made
  3. Rate of return as prescribed by government for that given period of time.

So we will discuss now how each of these factors affect NPS calculation.

  1. Age of the interested investor: Any contribution made under NPS scheme can be withdrawn only when the

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ELSS vs SIP : Difference between ELSS and SIP

SIP is a way to invest into ELSS or other mutual funds in a recurring way. In this post we look at various aspects of investing into ELSS via SIP mode.

systematic investment plan (SIP) is a small and easy method to invest one’s money in mutual fund schemes. SIP is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The SIP scheme helps an individual investor to

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