Sukanya Samriddhi Yojana is a most popular government scheme for the betterment of girl children in India. It was launched by Shri Narendra Modi (Indian Prime Minister) under the Beti Bachao, Beti Padhao campaign. Precisely, this scheme is an opportunity to save money for the betterment of girl child. The money saved through Sukanya Samriddhi Yojana will provide means for every girl to get higher education or wedding expenses. This scheme is a
What Is Atal Pension Yojana?
The Indian Government introduced Atal Pension Yojana as an opportunity for unorganized Indian society to join National Pension System. Before this scheme, the workers of the unorganized sector could not save their income for their retirement. This scheme works under PFRDA (Pension Fund Regulatory and Development Authority), a section of National Pension System (NPS).
The Government had serious concerns about old
Whether you are a young 25-year-old bride or 40-year-old married women or a young businessman in a small town in India, one way for you to show off your prosperity is wearing gold jewellery or ornaments. In fact, Gold is a favourite of not only black money holders but also of most of
What is SIP :
SIP stands for Systematic Investment plan. SIP is nothing but a periodic way of investing in mutual funds instead of investing everything in one go or lump sum as it is commonly called.
One of the most important questions I get from friends, clients, and bodhik users is a variant of the following
I have Rs X now to invest should I make a lump sum investment or invest using a SIP?
While my intuitive
Public Provident Fund Scheme is a saving scheme that comes with tax benefits. Ministry of Finance introduced this scheme in the year 1968. The main objective of PPF is to encourage general people to mobilize their small savings. The interest offered on these schemes are not taxable. Precisely, PPF is an investment with non-taxable returns.
There are around 1500+ mutual funds and about 15+ different types of funds available in Indian market today and the list keeps on increasing every day with new schemes getting launched and new players entering the market, Currently, India has about 44 different fund houses offering different types of mutual funds. With so many options it has become increasingly difficult for retail investors to chose the right fund.
In last few years,some of the influential rating agencies
Mutual funds are professionally run( by qualified fund management professionals) investment management schemes which pool together money of individual investors and invest in stocks, bonds, and other securities. Mutual funds are run by Asset Management Companies. In this post we will discuss Benefits of investing in mutual funds.
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Mutual funds is a term that all of us hear more and more often on televisions,newspapers and when we go to banks, in past few years mutual funds as an investment instrument for retail customers has really taken off , more and more people are aware of mutual funds and are keen to invest in
Financial planning is a complex process which requires you to review your current fiances, cash flows, estimate future cash flows as well as financial obligations,create goals and map money that you will require to achieve the goal, understand amount of insurance you would need now and in future, look at your tax outgo and
With evolving economic and financial landscape financial planning and financial planners have been steadily gaining attention in India. With liberalization,economic opportunities improved for individuals and Indian employment profile moved from majority public sector to private sector which resulted in reduced state-sponsored retirement benefits, increased incomes and low job securities etc.
Simultaneously as economy opened up new avenues of investments