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Mutual fund is a trust that pools money from a group of investors (sharing common financial goals) and invest the money thus collected into asset classes that match the stated investment objectives of the scheme. Since the stated investment objectives of a mutual fund scheme generally forms the basis for an investors decision to contribute money to the pool, a mutual fund can not deviate from its stated objectives at any point of time. Every Mutual Fund is managed by a fund manager, who using his investment management skills and necessary research works ensures much better return than what an investor can manage on his own.
Know MoreWhat is Insurance & why we need Insurance is normally misunderstood by Indians? Most of the time, when we ask any investor about his investment portfolio, he/she invariably lands up saying that we have investments in some sort of insurance policy in LIC, ULIPs, Endowment Policy, Money Back Policy etc. etc. In fact, over the last 50 years or so, LIC has taught Indians everything other than Insurance. We all understand insurance as Tax Saving Instrument, Investment Tool but do we understand Insurance as Insurance?? You must be surprised by our sentence, but that is the hard core fact of life..
Know MoreReal estate is a class of real property that includes land and anything permanently attached to it, whether natural or man-made. You can invest in real estate directly by purchasing a home, rental property, or other property, or indirectly through a real estate investment trust (REIT).
Know MoreA tax requires a percentage of the taxpayer's earnings or money to be taken and remitted to the government. Payment of taxes at rates levied by the government is compulsory, and tax evasion—the deliberate failure to pay one's full tax liabilities—is punishable by law.
Know MoreFinancial planning is the process of assessing financial goals of an individual, taking an inventory of the money and other assets which the person has, determine life goals and then take necessary steps to achieve goals in the stipulated period. It is a method of quantifying a person’s requirement in terms of money.
It is the process of meeting life goals through the proper management of finances. Financial planning is a process that a person goes through to find out where they are now (financially), determine where they want to be in the future, and what they are going to do to get there. Financial Planning provides direction and meaning to persons financial decisions.
Know MoreA non-resident Indian (NRI) is an Indian citizen or a person of Indian origin who stays abroad for employment, business or vocation outside India, or stays abroad under circumstances indicating an uncertain duration. This page is exclusively for NRI, who wants to know more about the for his/her investment in our country - INDIA.
Know MoreThis question is running in every Indian investor’s mind. Why? Because equities have done very well in past 10, 20, 30 years but investors are not able to make money. What is equity – a share, market, a fund or an asset class? Yes! Full details relating to Equity will be explained to you and help you in creating wealth. So read it to understand the right meaning of equity & reap the benefit.
If as a Financial Advisor we ask you to invest in Equities or Equity oriented Mutual Fund, the typical reaction is – "We don’t want risk in our investment but we want decent returns too".
Know MoreNow get all your Portfolio valuation on your Smart Phone
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Bank Manager
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Bank Manager
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Bank Manager
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Bank Manager