Category: Money Matters

Cut-Off Timing Rules for Mutual Funds Transactions: Why You Need to Know Them

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Cut-Off Timing Rules for Mutual Funds Transactions: Why You Need to Know Them

In recent years, mutual fund investments have become increasingly popular among Indian investors. The flexibility, diversity, and potential for higher returns that mutual funds offer have made them a go-to investment option for many. One of the reasons for this growth in popularity is the increased awareness and education about mutual funds among the general public. Many investors now understand the benefits of diversifying their portfolio through mutual funds, which can mitigate risk and generate higher returns. Additionally, the availability of online platforms and mobile apps for investing in mutual funds has made it easier for individuals to access and …

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Is Your Money Safe in a Fixed Deposit? Here’s What You Need to Know

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Is Your Money Safe in a Fixed Deposit? Here's What You Need to Know

Is fixed deposit safe? Fixed deposits have long been a popular investment choice for Indians. It is commonly used as a reliable way of generating regular income or the best place for stashing that extra cash. Cash that could be used if anything untoward happens or for the “big” expenses. FDs offer a secure way to save and grow your money, with the benefit of potentially higher returns than a traditional savings account. Recent events in the banking space, like in Yes Bank, PMC, and DHFL, also have investors questioning the safety of their money in a fixed deposit. Being …

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How to store your financial documents safely?

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How to store your financial documents safely?

To store or not to store is the big question…. that everyone, especially the earning members of our society, has to face regularly to keep their records correctly updated for future reference. Often, we misplace some essential documents when we require them the most or cannot remember where we have stored them, which results in stress and anxiety. As we have seen from our childhood, our parents and grandparents used to (still do!) have these big steel almirahs (Godrej). It was used to store various files and folders– loads of papers, small, big, and large ones. Once a year, they …

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Know the Top 7 Advantages of Mutual Fund Investing

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Know the Top 7 Advantages of Mutual Fund Investing

You would be lying if you were to say that you haven’t heard the words “mutual funds” or “SIP” if you live in India. Thanks to the immense and successful marketing campaign by the industry, most Indians are well acquainted with mutual funds (at least the word). This is clearly reflected in the recent figures. As of 31st July this year, the Assets Under Management (AUM) of the Indian Mutual Fund Industry stood at 37.74 trillion and has witnessed a five-fold increase in a span of 10 years and around two-fold just in the last five years. Mutual funds are …

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