Initially, the New Pension Scheme received a very lukewarm response from the investors with not many subscribing to it. There were many considerations which had more drawbacks then its benefits. EPF or Employee Provident Fund was still a more lucrative retirement product than this scheme. To make it more appealing the scheme has gone through […]
When we review 2018, we look at many changes in the financial world which were fast, unexpected and going to impact 2019. There were banking rules which got changed in 2018 to make our banking experience more pleasant and safer. The Income-tax rules too were changed to make us more disciplined and honest in paying […]
Availing a loan against your mutual funds’ investment is quite an easy process today. You have to just pledge your mutual funds units to the institution and in return, the Institution release the money you have requested. The ease is so much now that today you don’t need to visit a branch.
In life insurance at the policyholder demise a nominee is the person to whom the insurer will transfer the proceeds. But there are cases when this death proceeds have been blocked into family litigation. When other legal heirs of the family or distant relative lay the claim on the money life insurance companies too get […]
Mutual Funds re-categorization by SEBI is considered to be a step in the right direction. One of the good aspect of this re-categorization is that SEBI has clearly defined mutual funds categories. This makes investors easier to understand the risk return characteristics of a specific scheme they wish to invest.