Here’s all you need to know about Direct Plans vs. Regular Plans of mutual funds: Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximize their wealth by leveraging the power of unbiased advice There remains a dearth of understanding about direct plans among […]
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Here are the Best Balanced Funds for the year 2017: Balanced funds, also known as Hybrid Funds, are medium-term investments. It ultimately gives adequate exposure to stocks. But at the same time, it limits the market risk via substantial investment in debt securities as well. The investment objective of Balanced Funds is to allocate assets
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Here are few differences about New Pension Scheme (NPS) Tier 1 vs. Tier 2: In a country, whose citizens still lag behind in retirement readiness, and frown upon the mandatory contribution to the Employee Provident Fund (EPF), the introduction of a pension plan, where the contribution was voluntary, raised many eyebrows. Experts were sceptical
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Here are the Best GILT Funds for 2017: GILT Funds are open-ended debt funds which invest in government securities. These securities are also known as G-Sec. Apart from G-Secs, these funds may invest in state development loans, treasury bills and central government loans. [MMS_EBOOK] The primary aim of GILT Funds is to earn interest income
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Here are the Best Corporate Bond Funds for 2024: Corporate bond funds offer investors a range of options to choose the best risk-return combination. That’s why you may find these as one of the components of a well-diversified portfolio. The corporate bond fund, an open-ended debt fund, invests essentially in corporate bonds of public and
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Pradhan Mantri Vaya Vandana Yojana (PMVVY) was announced by the government in Budget 2017. The ambitious scheme aims to provide social security to the senior citizens. PMVVY works on the similar lines of the erstwhile Varishtha Pension Bima Yojana (VPBY) launched by the government during 2014-15. The similarity is on account of both plans being
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“The greatest rivers always find their way to the ocean. Like a ship reaching out to its motherland.”- Saleem Sharma Like the above quote, many people who have left the Indian shores, long to return to their motherland, to spend, the later part of their life. Though the journey is easier than the decision to
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Here are a few points highlighting the “Role of Correlation in Portfolio Diversification”: Portfolio Diversification is about spreading your investments across asset classes. It’s the cheapest way to reduce the firm-related portfolio risk. Firm-related/Unsystematic risk arises when your portfolio is overweight on a particular industry/firm. [MMS_EBOOK] Over-investment in particular industry/company can be risky. Unfavourable firm-related factors
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Here are few guideline which tell you about “Are Penny Stocks worth Investing?”: Penny stocks are tricky bets most of the times. These stocks get their name from their face value which happens to be at a lower end. The stocks can be priced at as low as a few paisa. Penny stocks belong to
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Here’s How to handle Health Insurance Claim rejection: In matters of health insurance, you cannot take chances. Especially; when it comes to health insurance claim settlement. The latest Public Disclosure 2015-16 data of health insurers reveals that out of 100 claims, only 89% to 94% are settled. It means that you can be one among
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