You are more likely to succeed when you know what you are doing and why. Bring an edge to your investments by making decisions that match your investor persona.
What are the pros and cons of investing in mutual funds v/s stocks?
The choice between mutual fund and stocks depends on your unique circumstances, risk profile, and financial goal. Direct equity investing is suitable for those who have the knowledge, experience, and discipline to select and manage individual stocks...
Can I claim 80CCD (1B) if I have already maxed 1.5 lakhs under Section 80C?
Yes, you can claim a deduction under Section 80CCD(1B) even if you have already claimed the maximum limit of Rs 1.5 lakhs under Section 80C. These deductions are only available under the old tax regime. Section 80CCD(1B) allows an additional...
What are the ways to invest for my child’s future?
Planning child education expenses beforehand could help you avoid financial burdens and substantial debt obligations. Before we go into the investment vehicles/options, you should be wary of buying expensive and low-yielding insurance vehicles...
How can you plan for retirement, considering the possibility of supporting financially unstable parents?
What kind of financial instability are we talking about? Conduct a thorough evaluation of your parents' financial health, encompassing income, expenditures, assets, and liabilities. This analysis forms the basis for understanding the level of financial assistance they...
Do you have to be rich to have a financial advisor?
No, you don't have to be rich to have a financial advisor. In fact, seeking financial advice can be beneficial for individuals across various income levels. The key is to find a financial advisor who provides independent and conflict-free advice. While some financial advisors may cater...
When is the ideal time to make sure your dependents are well-off even without you around? Right now would be the time! Life insurance is not an investment but a protection net covering your family in case of...
Is it okay if I invest 10k from my 30k salary in mutual funds?
It's great that you're already saving more than 20% of your salary. Investing 10K from your 30K salary in mutual funds is a good step, but it's important to align your investment with your goals and risk tolerance. If this investment rate helps...
To select the most suitable mutual fund schemes for your Systematic Investment Plan (SIP), it's essential to consider several key factors. Begin by clearly defining your financial objectives, whether they involve saving for retirement, funding education, or making significant purchases...
Yes, you can extend your NPS (National Pension System) after retirement. The NPS allows individuals to remain in the system until the age of 75, and during this period, you can also continue to avail tax benefits. Ensure that the request for continuation is initiated at least...
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Appreciated by people over the decades.
Until now, my journey with Dayco has been very satisfactory. Their guidelines have helped me easily invest in equity shares and mutual funds, and their knowledge hub, especially the blogs, is very helpful and provides good knowledge about investments.
Dayco has helped me realize the value of investment discipline through SIPs, which I am currently involved in for my child's higher education. I have learned two things by investing through Dayco– Reliability and Trust.
Dayco has helped me gain extensive knowledge of the share market. With their guidance, I have learned important investing lessons and made some of my life's most rewarding investment decisions. They have also given timely insights into my personal finances by helping me understand the importance of an emergency fund. I thank Dayco profusely and wish them further progress.
I started my investment journey with Dayco right after I started college. With the help of Dayco, I have been able to invest my savings effectively for the long term and become financially aware and disciplined. The experience has been great, and I look forward to achieving my future goals with their help.
This is an unsolicited testimonial. I have been a client of Dayco for over 40 years. I have seen them grow from one office in the Calcutta Stock Exchange Building to multiple offices all over Bengal and Mumbai. In all these years, the quality of service has remained top-notch, and they gave me no cause for complaint. I have only found them extremely honest, efficient, and transparent in all their dealings.
In case you didn’t know, you can open your account online within 24 hours. Offline account opening takes up to 4 working days. If you wish to open your account offline, fill and sign the forms using a black/blue ballpoint pen. Please fill in the email and mobile number of the applicant to avoid account opening delays.