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A mutual fund’s systematic withdrawal plan (SWP) can provide consistent income while minimizing taxes. An SWP is the inverse of a systematic investment plan (which involves regular investments). One can take a certain amount annually from a mutual fund using an SWP. Any mutual fund scheme can have an SWP set up. However, if the …
The Indian government launched NPS Vatsalya, a new program within the National Pension System (NPS), to promote retirement savings. The NPS Vatsalya program is a big step toward protecting our youngest citizens’ financial future at a time when financial planning is more important than ever. With the help of this program, parents or guardians may …
In India, the market for health insurance is expanding quickly. According to research, the market is anticipated to grow between 2023 and 2030 at a CAGR of 11.5%. The market is currently estimated to be worth $14.4 billion. The long-awaited Ayushman Bharat health insurance for senior citizens 70 years of age and older has been introduced by the …
According to current data, 42 initial public offerings (IPOs) raised about Rs. 78,000 crore as of the end of October 2024 for the current fiscal year 2024–2025. With more than five months remaining in the fiscal year, this is the largest sum ever raised by firms through initial public offerings (IPOs), with the exception of 2017–18, …
For every individual wishing to invest, the problem is deciding between many options. There is a lot of “noise” in practically every investing route, and recent developments have the power to quickly change investor and market sentiment. Today it may be gold, tomorrow it might be equity. Here is where one has to exercise caution. …
The popular movement known as Financial Independence, Retire Early (FIRE) encourages people to save and invest huge amounts of money in order to quit their employment much before the conventional retirement age. A flexible and independent lifestyle is what the FIRE movement offers. But it takes a lot of self-control and resolve up front. The …
Flipping is the practice of an investor buying an item to hold for a little time and then selling it for a quick profit. Short-term investors sometimes buy stocks with the intention of selling them quickly in order to make significant profits. In the investing market, this activity is frequently referred to as “flipping.”The practice …
Less than 5,000 voluntary investors joined the National Pension System (NPS) when it was made available to the public fifteen years ago in 2009. The structure was complex, the investing regulations were not clear, and it was ambiguous how the income would be treated tax-wise. However, the NPS has changed significantly over time and is …
We should not wait for the government or the regulator to curb the mis-selling of the bancassurance products to the customers of a bank or an insurance company. We customers should be well-informed or aware of the mis-selling of these bancassurance (insurance-cum-investment) products. Bancassurance is an agreement between a bank and an insurance company that …
Myth – 1: Mutual funds are available only for the long term. Fact: Though investing is always a long-term game, mutual funds are available for a variety of durations, including short, medium, and long term. You may invest in mutual funds for several choices of durations, depending on your needs, whether short, medium, or long …