Do Mutual Funds issue a passbook? While banks and certain small savings schemes issue a passbook, Mutual Funds do not issue a passbook, they issue an Account Statement instead. The main purpose of a passbook is to keep track…Read more

… education is also another factor that makes this financial goal a crucial aspect. Mutual funds are a good choice of investment for individuals to create wealth for this goal, allowing them to witness the equity market indirectly …Read more

Is it Wise for Retirees to Invest in Mutual Funds? Retired people usually have their savings and investments locked up in bank FDs, PPFs , gold, real estate, insurance, pension plans etc. Most of these options are…Read more

… amount:  Sometimes people invest randomly, often without a goal or plan. In such cases, the amount invested may not … Every single rupee invested needs to have a plan or goal.  … goal …Read more

… you have the retirement corpus in mind, you can use our Goal SIP Calculator to arrive at the monthly SIP … manner, it will take less effort to achieve your financial goal of a happy retired life.   …Read more

… are three mantras to help the small saver aim for a larger goal: a.      Start early - even with a small … larger goal …Read more

… inflates the cost that you will incur to fulfil your life goal when the time arrives to fulfil it.   Diversified … goal …Read more

… popular monthly option? Since SIPs are meant for long-term goal planning, it doesn’t make much of a difference to the …Read more

What are the taxation rules and implications in Mutual Funds? Mutual Fund investments are subject to capital gains tax, which is paid on the profit made when redeeming or selling Mutual Fund units. The gain is calculated as the…Read more

… Rebalancing ensures your investments align with your goals and risk tolerance, even in unpredictable markets.  … sure your investments stay on track with your financial goals and don't stray off course over time. If your …Read more