Day: January 21, 2021

Blog Why do I need a financial plan? “If you fail to plan, you are planning to fail.” – Benjamin franklin We plan so many things in our life, our holidays, our marriage and children. Then why not plan our finances? Money matters are complex and intimidating. They warrant putting together a comprehensive plan to manage them. When to start financial planning As soon as you start earning is the answer! Just like it is… Continue reading Why do I need a financial plan?

Blog All you wanted to know about mutual fund schemes We as investors have now got accustomed to Mutual Funds and SIPs thanks to the growing popularity of SIPs and awareness and publicity campaigns by AMFI under its banner ‘Mutual funds sahi hai’. There are over 2500 mutual funds schemes in India across various categories and fund houses. With the growing popularity, the Assets Under Management (AUM) of the Mutual Fund industry has grown substantially… Continue reading All you wanted to know about mutual fund schemes

Blog How to deal with falling bank FD rates in India? The interest rates in India and globally are presently the lowest on record. This trend has played out over the past few years and the trend line is downwards. The short term interest rates are as low as 3.5%-4% pa on FDs of major PSU and Private banks.   The benchmark 10-year G. Sec yield is around 6% which is again a record low in… Continue reading How to deal with falling bank FD rates in India?