Guri It’s time to ask: is your bank balance truly working for you? In this article, we explore smarter, safer, and more rewarding alternatives to traditional savings accounts—without compromising on liquidity or peace of mind. Switching banks Harshad Chetanwala, co-founder of MyWealthGrowth.com, emphasises that the primary considerations for alternative investments should be safety and liquidity. There … Read more
Prior to investing in a mutual fund scheme, investors tend to examine its past returns and compare the same with those in the same category. This gives a fair idea of how that scheme has delivered vis-a-vis other schemes in the same category. Here we give the past returns of flexi cap mutual funds. These schemes refer … Read more
India is a rapidly developing country. The financial landscape in the nation is continuously evolving and creating healthy ground for obtaining a credit card even without traditional income documentation. Now, irrespective of being a student, homemaker or freelancer there are several banks that provide for credit card options that don’t require you to submit a … Read more
Conservative investors tend to invest in fixed deposits (FDs) of banks for the security and assurance they offer. Here we examine the returns given by different post office schemes and compare them with those on fixed deposits of different banks. Typically, most banks offer annual interest in the range of 6.6-6.7 percent on their fixed deposits … Read more
We frequently get the question: “Why focus on wealth preservation?” And it’s a valid one. An investment strategy that emphasizes preservation may appear modest and unambitious when equities are rising and people are feeling bullish. In such cases, it is important to remember how fleeting financial upturns and downturns are. Every market rise is followed … Read more
As the Indian economy evolves and financial literacy grows among consumers, understanding what constitutes and constructs a good credit score has become immensely crucial. A credit score ranging between 300 and 900 is a numerical summary of an individual’s credit strength, his creditworthiness. This number is given by leading credit bureaus and is used by … Read more
PIS accounts NRE-PIS (portfolio investment scheme) and non-PIS accounts are mandatory for NRIs who wish to invest in Indian markets, as per regulatory guidelines. A PIS account linked to an NRE account is ideal for NRIs prioritizing the repatriation of funds. However, they require approval from both the bank and the Reserve Bank of India … Read more
The aspect of personal finance that most people find most important is understanding how to manage payments on credit cards. While it may feel easy to pay the minimum amount due every month, it is important to understand the effects of doing so. This article covers the concept of minimum payments, their effects on your … Read more
Many benefits, features, and charges are often packaged with credit cards. The annual fee is an average cost cardholders pay each year to use their card. Though some shoppers may be unwilling to spend the fee, one should consider if the benefits these cards offer are worth the cost. Understanding annual credit card fees Annual … Read more
As India’s economy and startup ecosystem continues to flourish and grow, several aspiring entrepreneurs are exploring financing opportunities to kickstart with their own ventures. One of the most prominent options to meet these demands is utilising personal loans to fund business ventures and initiatives. Now, this approach offers several advantages still, it also comes with … Read more