Einstein famously said that there are only two certainties in life – Death and Taxes. Both are scary. As for taxes, you don’t even want to talk about them, lest even pay them. Well, you need not be so scared. A little knowledge can go a long way in reducing your fear as well as taxes. […]
10 things to know about debt mutual funds
Do you know if you make a single fixed deposit of over Rs. 1 crore with State Bank of India, what is the interest rate on offer? 3.75% only. Yes, that’s right. To put this in context, a normal savings bank account in the same bank pays you 4% interest. Why would you do a Fixed […]
How to easily invest in direct plans of mutual funds?
Do you know you can invest in direct plans of mutual funds on Unovest. Yes, that’s right. No strings attached! No hidden charges! No transaction charges! Just open an account and start building your mutual fund portfolio right away. Here’s a step by step process of how you can invest in direct plans of mutual funds on […]
How to build a winning mutual fund portfolio (plus a dozen portfolios)
The pain of selecting mutual funds from thousands of schemes and options is a deep one. The matter become worse because it is so difficult to differentiate one from the other. Even star ratings and rankings don’t help. They change too often and communicate little about the qualitative factors. So, how does an investor like you […]
Getting Rich – 1 paisa, 2x, 31 days to be a crorepati
What do you think it takes to getting rich? Lottery! What do you think it takes to getting rich in 31 days? Convinced – It can only be the Lottery! No, not really. You need something better. Here’s a challenge for you. We give you 1 paisa, yes just 1 paisa. If you double the money every day for […]
SIP – Understanding the Systematic Investment Plan
Is SIP a name of a mutual fund? After seeing scores of advertisements about how SIPs helped investors create wealth, every new investor is asking: “Tell me the best SIP.” The term “SIP” has become a confusion for new investors. They think it is an investment option. Well, the fact of the matter is that you don’t invest in […]