Why are people searching for “Alternative to Bank Fixed deposits” on Google? The reason is quite obvious. Investors feel that interest on Bank FDs is not enough. The Fixed Deposit rates have fallen in the recent times with 7 to 7.5% as the rate offered by most banks. One has to pay income tax as well on the […]
Growth vs Dividend option – what should you choose?
Should I go for dividend option or growth option? Which is better? This is one question every new mutual fund investor asks. Let’s consider some key facts: Mutual funds offer 2 options – Growth and Dividend. Within dividend, you can either choose to receive dividend in your bank or reinvest in the same fund – Payout and Reinvestment options respectively. When you […]
Start your SIPs using the PayEezz Mandate
The old way of doing SIP A SIP in a mutual fund is a powerful tool to accumulate wealth over the long term. To start a SIP, you just need to provide a one-time bank mandate through which you can make regular investments in your selected mutual funds. Typically, you need to give one mandate with each of […]
How to track your Financial Goals?
“What gets measured, gets managed“, is a quote attributed to the renowned management guru, Peter Drucker. A slightly different version of it says “What gets measured, gets done”. I am sure executives, professionals and business persons, who have to manage teams, projects, businesses and Profit & Loss, have come to hold these words as a mantra. […]
Investing in Equity Mutual Funds – an insider’s perspective
Individuals are keen to invest in mutual funds but there is this rampant confusion still prevailing on what exactly is a mutual fund and how does it work. Should one go for direct stocks or an equity mutual fund? The number of mutual funds out there compounds this confusion further. That’s where I reached out […]
New Investors: Know Your Mutual Fund
If there is “Know your Customer” then why not “Know your Mutual Fund” In some or the other way, every type of investment requires that a KYC – Know your Customer – be done. Basically, in KYC key information about you is captured and stored before you are allowed to make an investment. This is true […]
