Building wealth is one of the best things to achieve financial freedom. Wealth creation doesn’t have to be complicated; you need a good strategy and patience. One of the best ways to grow your wealth is through mutual funds. Mutual funds are a great way to invest in the stock market without doing all the...
One of the key facets of robust financial planning is to account for an emergency fund which in other words is equivalent to keeping some provisions in case of any unexpected occurrence such as natural calamity, issues related to personal health, or that closed ones, household bills, etc to name a few. This type of...
If last year’s tax planning was a failure, here’s how to avoid making the same mistake this year. The deadline for making tax-saving investments in a given fiscal year, March 31, has now passed. Typically, taxpayers rush to make such investments before the end of the fiscal year to receive tax deductions under Section 80C...
Today’s investors have a plethora of investing possibilities. Generally, if you are new to investing and wish to invest your money without knowing about the stock market, you might pick mutual fund plans and top mutual fund companies. There are two primary subcategories of mutual funds: active funds and passive funds.Let’s take a look at...
Detoxing your investment portfolio refers to the process of weeding out those investments whose presence could damage the overall returns and affect the achievement of financial goals.
As the world is changing rapidly, financial mechanisms are also evolving. Simply saving your money is not enough to ensure financial security. Also, the saved amount does not have the potential to beat inflation.
SIP stands for “Systematic Investment Plan.” It is a long-term investment strategy that involves putting a small but considerate amount of money in your mutual fund.
These recent years have been challenging for the entire world. As the pandemic continues, people worldwide are dealing with financial anxiety, stress, and uncertainty.
