Recently, someone pointed out to me that the PPF interest rate is now at 7.9% – the lowest in 40 years. In fact, The interest rates on various saving schemes are falling and savers are finding it difficult to decide where to put the money for getting better returns. There is a slight problem with this thinking. We tend to look […]
MIP or Monthly Income Plan – Does it deserve your money?
Have you come across fund schemes given below? Birla Sunlife MIP II – Savings 5 Birla Sunlife MIP II – Wealth 25 HDFC Children’s gift fund HDFC MIP HDFC Multiple Yield Fund HDFC Retirement savings fund ICICI Pru Child care plan ICICI Pru MIP SBI Regular Savings Fund Sundaram Regular Savings Fund There are many more […]