Start investing a minimum of 10% of your investment towards retirement. Most of you in your 30s might not relate to the article’s title on the view that there is still significant time for retirement. For most of you, there would be other priorities, such as may be buying a house, car, or vacationing at […] Read More
Here is some financial advice for 20-year-olds. Being a 20-something feels great. You might think that the world is in your hands and you can do anything. You have finally tasted the power of money after studying and preparing for jobs. While it is essential to enjoy your newfound independence, it is seen that people […] Read More
Four questions that you need to ask yourself while reviewing your mutual fund portfolio. Just like your body needs regular health checkups to sustain life expectancy and detect any disease that may be a risk to life, your portfolio also needs regular health checkups to provide you with the maximum returns on your investments. It […] Read More
In addition to the equity and debt market, the rate hike will impact loans and fixed deposits. In an emergency press briefing on May 04, 2022, the Reserve Bank of India announced a 40 bps hike in the repo rate. Much to investors’ surprise, the central bank increased the rates for the first time in […] Read More
Let us see the meaning of repo rate, reverse repo and bank rate. The Reserve Bank of India serves as a lender of last resort to commercial banks, offering short-term loans during fund shortages. It also helps to maintain liquidity. The repo rate is the interest rate charged by the central bank when lending short-term […] Read More
According to the latest news, Axis Mutual Fund has made changes to its fund management staff due to irregularities. As a result, Viresh Joshi and Deepak Aggarwal have been removed from the management team. Viresh Joshi was the head trader and part of fund management team of 7 equity schemes. Deepak Aggarwal was the equity […] Read More
Here are the things you should keep in mind before investing in the LIC IPO. It will be the first time that the insurance giant Life Insurance Corporation (LIC) of India has gone public. LIC IPO opened today on 4th May 2022. The Government of India has set the LIC IPO price range at 902 […] Read More
The twin moves, which shocked markets, will have implications for fixed income products On a day the LIC IPO opened to collect a record Rs 21,000 crore for the government, the central bank’s monetary policy committee (MPC) threw a surprise and raised the key lending rate by 40 basis points citing persistent inflationary pressures. This […] Read More
The right time to invest in mutual funds is the present. If you always wonder, “what is the right time to invest in mutual funds†or “when should I start investing in mutual fundsâ€, you will get to know the answer today. What are mutual funds? Mutual funds are a type of investment where investors […] Read More
There are several types of debt mutual funds. Let’s see the few important debt fund types. Currently, most Indian households prefer to invest in mutual funds as it is easy to invest in and has the potential to generate wealth. With different types of mutual funds schemes available, it gets difficult to decide which one […] Read More
