UNDERSTAND WHAT WORKS FOR YOU
Different things work for different people. Even if you are at the same life stage. Understand how you can manage your savings better as you watch your money grow.
An easy and smart guide to managing your household expenses effectively
Experts say if you fail to plan, you plan to fail. This is as true in finance as it is in life. When it comes to financial planning, you need a sharp and effective strategy to make the most of your money. If you’re looking to strengthen your finances, here are ten steps to sharpen your goal-setting strategy:
Choosing a house is one of the most consequential financial decisions you will make. Whether you are buying or renting, it constitutes one of your largest expenses, so it’s important to get it right. But how should you decide whether to buy or rent? Use this 7-point checklist to help you choose:
Learn how a home loan insurance policy works and its benefits.
Shield yourself and your loved ones with robust insurance planning
Going to be a parent soon? Congratulations! Having a child will be one of the most consequential events of your life – but with that joy and elation comes responsibility. Your approach to financial planning will undergo a major shift as you plan for a new member in the family. Your horizons will expand as you provide for a growing family and strive to give your child a good start. Here are 6 financial planning tips to guide you as you embark on this journey:
Don’t put all your eggs in one basket, says an old adage. The more options you give yourself, the more you can mitigate the risk of non-achievement by spreading out the risk. Diversification is the process of spreading your investments across different assets, to optimise your chances of strong returns and to mitigate investment risk in your investment portfolio. But how do you go about diversifying your portfolio? Here are seven ways to do it:
Risk means uncertainty, and the possibility of an adverse event. In the investment world, it might be defined as the chance of an investment losing its value. It is important to understand the different types of risks so that you can manage them effectively.
Save & Invest
Save and invest for your secure future
Listed companies in India are classified by SEBI into three categories, based on their full market capitalisation. The top 100 companies by market capitalisation are “Large-cap”; those ranked 101-250 are “Mid-cap”; and those outside the top 250 are “Small-cap”
Whether you invest in equity stocks, mutual funds, real estate, or insurance plans, every investment is governed by specific rules and regulations set up by authorised governing bodies.
You would have seen this statement a thousand times, in every mutual fund investment advertisement – “Mutual fund investments are subject to market risks, read all scheme-related documents carefully.” The objective is to help investors make informed decisions about each scheme. But what are these “scheme-related documents”?