Which is the best critical illness policy in India?

Do you know that, as per Indian health statistics, every year 3 % of the population go below the poverty line due to the heavy spending on illnesses? It means, because of large financial outgo for treatments, every year 3% of the population, drop down to one level below their present class i.e. high-class people […]

READ MORE

15 Best Tax Saving Options under Section 80C

What so ever we earn, even then if our income is taxable we don’t want to pay tax on that income. We have a soft corner for our income. In this way, we tend to avoid paying taxes. We must remember that paying taxes on time signifies that you are a good citizen of your […]

READ MORE

8 Benefits of filing ITR, even when income is below exemption limit

Have you filed your income tax return? Yes /No? There are many investors who have very low or zero tax liability and therefore they skip filing their income tax return. Then, there are investors who do not file their returns for years and only when something urgent comes up which requires their last few years […]

READ MORE

Joint Home Loans – The Pros, Cons and Myths!

Buying a house isn’t easy today if you are living in a metro city like Mumbai, Pune, or Delhi. It’s nearly impossible to pay the full price of a house unless you have massive savings or an existing real estate that you can resell. This is the reason why most people take home loans, or […]

READ MORE

Balanced Advantage Mutual Funds – Reduces Risk and gives good return at the same time !

In the world of mutual funds, there are various kinds of categories for different requirements and risk appetite. One of the categories I want to talk about today is the “Balanced Advantage” Category. What are Balanced Advantage Mutual funds? In one line, a balanced advantage fund dynamically shifts between equity and debt depending on the […]

READ MORE

Investing in Mutual Funds vs Direct Stocks – Which is better option?

Should you invest directly in stocks of companies or rather buy mutual funds? Which option is more “suitable” for you? A lot of investors feel that they should invest directly in shares, because that’s what mutual fund do at the end of the day, however stock investing is a very different game altogether and the […]

READ MORE

Power/Speed Vs Regular Petrol – This is the biggest scam of petrol pumps!

When you go for fill up petrol or diesel in your car/bike, you have an option to fill the normal fuel or high-performance fuel often termed as Speed, Power, Xtra mile, Turbojet or Hi-speed etc in the Indian Petrol pumps. Today, I will share with you a kind of fraud/scam which is going on in […]

READ MORE

Basic Saving Bank Account – No minimum balance required (+ more features)

Do you worry about maintaining the minimum balance in your bank account? If that’s the case, then you will be happy to know that now RBI has mandated all the banks to offer something called Basic Saving Bank Deposits Accounts where there is no minimum Monthly Average Balance (MAB) to be maintained. Let’s know more […]

READ MORE

What are Shariah compliant mutual funds? – An Ethical investment

Have you ever heard about Shariah-compliant mutual funds? We get a lot of Muslim leads who want to invest in mutual funds and a lot of them mention that they would like to invest in mutual funds which are shariah compliant. So lets look at the subject! Examples of Shariah-based Mutual Funds Shariah-based mutual funds […]

READ MORE

How your bank calculates Monthly Average Balance ?

Do you understand what is the meaning of Minimum Monthly Average Balance in your saving account? When you say “Monthly Average Balance of your saving bank account is Rs.10,000”, what does it mean exactly? A lot of people feel that their balance in saving bank account should not go below Rs.10,000 on any given day, […]

READ MORE

FREE Financial Health Checkup

Take up a detailed 25 questions financial health checkup to find out how much you score out of 100?

Categories

Can help us with robo-advisory study?

Can you spend 5 min of your time to help in a study on the topic of “Robo-Advisory”

Click here to take survey

Never miss the valuable emails from us. Subscribe now and get a highly valuable ebook containing the best of our content.