Basic Objective behind the Gold Schemes: From ancient times gold has been the favorite asset class for Indians and as a result of this we have been accumulating gold from generations and generations. I have never heard someone saying that as gold prices have gone very high I have sold a part of my holdings …
In my last article “ All about Mutual Funds. Advantages & Disadvantages of Mutual funds”,I had discussed about basics as well as advantages and disadvantages of Mutual funds. Mutual Funds are very strong and stable vehicle for investing in different asset classes. Most of the investors whether they are investing in Mutual Funds or not, …
Continue reading ‘Legal Structure of Mutual Funds in India.’ »
Mutual Fund is a common pool of money, where large number of investors, invest their money and then that money is invested in stocks, bonds, gold, money market instruments and other types of securities. So Mutual fund is not an asset class in itself like equity, debt or gold but it is a means to …
Continue reading ‘All about Mutual Funds. Advantages & Disadvantages of Mutual Funds.’ »
In my last post I had discussed about “How Insurance Ombudsman can help you in resolving your complaints against Insurance companies?”, now in this post I am discussing on How Banking Ombudsman can help you in resolving your complaints against Banks. We Indians were originally dealing more with cash and used to keep high amount …
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1 Most of you have been reading my articles for quite a long time. I have written a lot on how you can organize your financial life. Now this time I want to tell you what you should not do. Successful Financial life can be achieved by avoiding mistakes and adopting a disciplined approach towards …
Continue reading ‘5 Money Actions that can create disaster in your Financial Life.’ »
Whenever interest rates are falling, senior citizens are always under stress to maintain their income, because their income from interest through fixed deposit is falling and that is their main source of income. NDA Govt which ended its tenure in 2004 was very sensitive to this issue and so they brought two schemes in their …
In my last article on Sukanya Samriddhi Account Scheme I had written in details about Sukanya Samriddhi Account Scheme along with a clear illustration but after that i received a lot of queries from parents who have daughters who are eligible for this scheme that whether they should open Sukanya Samriddhi Account or PPF Account …
Continue reading ‘Sukanya Samriddhi Account Vs. PPF Account, Which one is more beneficial?’ »
11 Our Prime Minister Mr. Narendra Modi has launched Sukanya Samriddhi Account Scheme with a motive to facilitate Higher education and Marriage expenses of Girl Child and in a way this is a movement to empower Women in the country. Let us all understand the key features of the Scheme. 1111 1 Who can …
Continue reading ‘Sukanya Samriddhi Account-A Blessing for your Girl Child.’ »