Sharmila rakyan

23/04/2021

07/06/2018

16/11/2017

01/06/2016

As per the new Sebi rules, no redemption requests of up to Rs2 lakh will be subject to restrictions; beyond that, the remaining money can be subject to any restriction imposed by an AMC

29/09/2015

TIP #3 Term insurance should be the first step in financial planning
Term insurance is the most traditional life insurance policy wherein the insured gets death benefit if any contingency happens within the policy term.They are are no frills products that give us very high life covers for very low premiums The insured is, however, not entitled to receive any survival benefit if he outlives the policy term.
Term insurance policies are available in the range of 10-30 years term. for example if a 30 year person goes for a coverage of Rs 1 CRORE , for 25 years , he pays a yearly premium of approximately Rs 8000/

25/09/2015

TIP # 2 Invest in Balanced fund if you are a first time investor

Balanced funds are hybrid fund , which invests in a pre defined equity debt mix ; the debt provides cushion from volatility in equity market , which is very significant for first time investors . It is also tax efficient as long term capital gain is tax free . The dividend in these funds are also tax free.

22/09/2015

TIP # 1 Invest as per your risk appetite
All mutual funds have some amount of risk , while equity funds have the highest risk , liquid funds the least and balanced funds some what in between . Choose a scheme based on your risk taking capacity .

20/09/2015