It is being said that ULIPs will underperform mutual funds. Reverse it – Mutual Funds will deliver better returns than ULIPs, for one simple reason – the lower costs of mutual funds. Here is a comparison of 2 ULIPs from 2 of the market leaders ICICI Pru Life Insurance and HDFC Insurance. Pitted against them […]
Regular vs Direct Plans of Mutual Funds – Some FAQs
The debate on regular vs direct plan continues. Active commentary from both sides to bring out the virtues of the respective options is taking place. Where does that leave you, the investor? Some of you have been very confident and moving your holdings from regular to direct plans. You are not too happy with the value add […]
Are Ultra Short Term Funds alternative to a Bank FD?
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. […]
