Fixed Deposits (FD) are a popular financial instrument among Indians, often overshadowing other investment options like bonds, equities, and mutual funds. The deep-rooted preference for FDs stems from their simplicity, attractive interest rates, perceived safety, and the assurance of guaranteed returns at maturity. Nevertheless, considering the fact that FDs are not market-linked, and they might not…
In the ever-evolving landscape of personal finance, the role of insurance has gone beyond its conventional purpose of safeguarding against unforeseen risks. In recent years, many individuals have started perceiving life insurance as not merely a safety net but also as an avenue for potential investment growth. This phenomenon has given rise to a debate over Unit…
The market has several institutions set up to ensure you are well-informed while defending your rights as an investor. The Association of Mutual Funds of India (AMFI) is a prime example of such a renowned organisation. AMFI is the association of mutual funds in India. This organization currently has 43 SEBI registered Asset Management Companies…
The Ministry of Finance on Thursday announced that the subscription for Series III of the Sovereign Gold Bond Scheme 2022-23 will open on December 19, 2022, i.e., today. The subscription will remain active until December 23. The bonds will be settled on December 27. The issue price of the SGB 2022-23 Series III has been…
Having the right investments is essential for every individual to ensure a sound investment portfolio that can earn maximum returns and increase wealth. Investors today have a wide range of investment options. With diverse opportunities, mutual funds have gained popularity as an investment choice, making them an ideal tool for creating a solid investment portfolio…
Many individuals assume that investing in mutual funds requires a high-risk appetite and a huge initial investment. Hence, they prefer investing in traditional investment instruments that are incapable of generating inflation-adjusted returns and are thus unable to create an adequate corpus for their financial goals. Mutual funds offer several variants that one can choose from…
