Is it possible to take loan against Fixed Deposit?
FD is one of the most popular types of investment option in India due to its numerous advantages. You can easily get a loan against your FD even if you don’t have a credit score or meet any income eligibility criteria to apply for a loan. One of the main advantages of holding a Fixed […]
How to do KYC for Mutual Funds? Its quick and easy!
Are you a new investor in mutual funds ? If yes, then you might be having these questions in mind. What is KYC ? What do I need to do to register my KYC? Whom should I approach? Do I need to do my KYC every time before investing into mutual funds? So, in this […]
What is EPS Scheme Certificate? (this is related to EPF pension)
Do you know that, when your employer contributes to EPF then a larger portion of it goes to EPS (Employee Pension Scheme) ? In this article, I will elaborate to you what is EPS, how it works and also the process of getting its certificate to claim your pension. What is EPS scheme? EPS i.e. […]
NPS (National Pension Scheme) – A beginners Guide for Rules & Benefits
NPS is one of the most famous and talked about financial products today in our country and it’s quite a detailed and complex product. Today we are doing to talk about NPS in detail and I will try to teach you various aspects related to it. National Pension scheme is initiated by government of India […]
We attended Berkshire Hathway AGM (9 learnings from Warren Buffet inside)
On 4th of May 2019, I (Nandish Desai) got an opportunity to attend the Annual General Meet of Berkshire Hathway, hosted by Warren Buffet and Charlie Munger (I also attended the AGM last year) As a student of wealth, it was a great learning experience for me and I would like to share my learning’s […]
NRI investment in mutual funds – A complete and detailed guide
Most of the NRI’s who are new to mutual funds have this confusion if they can invest in mutual funds in India or not? In this article, I will share with you all the rules, restrictions and some of the important points that NRI investors should know before investing in Mutual funds. Can NRI invest […]
How much money is enough for you?
Do you know how much money is there in this world? Its $36.8 trillion (or 2569 Lakh Crores) What if you get all this money? Imagine you wake up one day and your bank balance shows 2569 Lakh Crores. However, you also find that you are the only person left in this earth while every […]
How much tax benefit can be claimed u/s 80D? (Rules + Limits)
Are you clear about the tax saving which you can do when you pay health insurance premiums every year? You will be glad to hear that its over and above sec 80C. Yes, it comes under a separate section called section 80D! What is section 80D? Health Insurance policies have become very famous in last […]
Should you buy car insurance from dealer?
Myth : As car insurance is mandatory, I have to buy it via car dealer !! Reality : It is mandatory to have a valid car insurance but, not mandatory to buy the same from your car dealer. Buying a car insurance is mandatory under the motor vehicle act, 1988. As it is mandatory car […]
Should you buy 2nd house as an investment? (28 min video discussion)
I along with my teammate Sagar, recorded a 28 min video discussion related to this topic – “Should you buy 2nd house as an investment?” yesterday. We talked about various pros and cons which are often missed by those investors who are thinking of buying second house for investment. Watch the video below What we […]