Large Cap Mutual Funds: In this article we will discuss about Large cap mutual funds and Top 3 Large Cap funds which most likely outperform their peers in 2023.most likely outperform their peers in 2023. Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximise their […]
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Union Budget 2023 – 2024 Highlights Union Budget FY 2023 – 24 was pro-growth and provided focus on capex while ensuring inclusive developments. The FM has struck a fine balance as she is sticking to the path of fiscal consolidation by targeting a fiscal deficit of 5.9% of GDP for FY24 against 6.4% for FY23
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The new financial year (2020-21) hasn’t been great with the stock markets continuing to fall. The widely popular savings schemes i.e. the small savings schemes interest rates have been cut by the Government. This includes the popular Public Provident Fund (PPF) and Kisan Vikas Patra (KVP). Why did the government cut the rates? Get your
Small Savings Schemes Interest Rates Cut: Should You Invest? Read More »
How many Bank Accounts you should have? With individuals changing jobs often and banks making it easy for them to open a salary account, an individual today might have a number of Bank Accounts. Is this a good trend? Not exactly. Click here to be a part of myMoneySage Elite an exclusive community to the
How many Bank Accounts you should have | My Money Sage Read More »
Emergency Fund: Methods To Save Very few people think about putting money aside to deal with an emergency. Most of us are not prepared to face a crisis, because we feel that something like this will never happen to us. The following story will help you to understand the importance of creating an emergency fund:
Emergency Fund – How to Save and Where To Invest | My Money Sage Read More »
Stand-in Finance Minister Piyush Goyal presented the interim budget on February 1, 2019. It proposes tax breaks and sops that will have a positive impact on your finances. The new government that takes charge after the approaching elections will present a full budget. The interim budget proposes sops for the middle class, farmers, and unorganized
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Here is a list of Mutual Fund myths that you should be aware of… Very few people realize that investing in mutual funds for the long term is one of the smartest and safest ways of building wealth. Commonsense, discipline and patience are all you need to create a large corpus by investing in mutual
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Withdrawal, transfer and loan facility in National Savings Certificate (NSC): National Savings Certificate (NSC) is one of the popular saving schemes offered by the Government of India through post offices. The purpose of issuing the certificate is to inculcate saving habit in people. Along with savings, it comes with several other features such as safety, tax
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Saving is an essential part of one’s life. In simple words, saving is the income that you have not spent. Your saving helps you to accumulate corpus, further resulting in a stress-free life regarding your financials.You can save the money in many ways such as; simply putting it in a piggy bank, opening a deposit
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Features of Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana (SSY) is a small savings scheme for the girl child, launched by Prime Minister Narendra Modi on 22 January 2015, under the government’s “Beti Bachao, Beti Padhao” programme. It has been specially designed to meet the higher education and marriage expenses of a girl. Since its launch,
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