Investing in Gold the ETF Way Introduction Arjun is a worried father these days. His daughter’s wedding is planned in the next 6 months. Over the last 2 years or so gold prices have soared from near about Rs 10,000 per 10 grams levels to Rs 17000+ levels. This frenetic rise in the prices of […]
HDFC Systematic Savings Plan – Product Review Introduction Rajesh is a 22 year old guy who has just entered the corporate world. Rajesh wants to accumulate money to buy his 1st two-wheeler. For achieving this goal Rajesh has decided to set aside Rs 2,000 every month from his salary. Rather than keeping this money in […]
Home Loan Rates – Customers spoilt for choice In the last few months lot of banks have introduced dual rate home loan schemes to woo the customers who are spoilt for choice. Banks are going all out to grab the maximum share of the customer’s wallet by introducing these enticing schemes. There are primarily few […]
Flexi Deposits – Hybrid Product combining Features of Fixed Deposit and Savings Account Savings Account V/s Fixed Deposit Rahul has a salary account with Bank XYZ. Rahul is upset that he has always been maintaining a very high balance in his savings account with the bank; but at the end of 6 months all he […]
Introduction Initially Mutual Fund units could be bought and sold through a Mutual Fund agent or the Mutual Fund House directly. Now SEBI has introduced a third avenue. Under this system transactions in mutual fund schemes (buying and selling) will be facilitated through the stock exchange infrastructure. This facility will be available on all business […]
LIC Jeevan Nischay – Product Review Introduction Companies listed on the stock exchange coming out with rights issues, wherein new shares are offered to existing shareholders in some ratio based on their existing share holding, is very common. But this is not a common scenario among insurance companies, wherein companies come out with a new […]
ICICI Advantage Deposit – Product Review Introduction Ramesh is a risk averse investor. Over the last many years he has been investing in traditional investment products like Bank Fixed Deposits and Government sponsored schemes like Public Provident Fund (PPF), National Savings Certificate (NSC) and various Postal Office Schemes etc. He was happy with the returns […]
Ways to Invest in Gold Introduction Rahul is a worried father these days. His daughter’s marriage is planned 6 months down the line. He had big plans to buy a lot of gold for his daughter like any father would do in a normal Big Fat Indian Wedding. But the way gold prices have soared […]
Introduction Every parent aspires to give the best of everything to their children; be it primary education, a good quality lifestyle, secondary education, lavish wedding etc. Child plans of most insurance companies play on this emotional aspect to push their products. Every parent’s top priority is to fulfil his child’s future dreams and aspirations. HDFC […]
Introduction Carry trade in simple terms means borrowing in one currency where the interest rates are low and investing this loan money in high yielding assets some where else. A classic example of this is the carry trade going on since so many years using the Japanese Yen as the borrowing currency. Interest rates in […]
Capital Protection Products Introduction When the markets fell due to the subprime crisis lot of people saw most of their spectacular gains made in the last 1 or 2 years wiped out within months and infact they were staring at losses. Such was the shock and panic that investors started to give markets a complete […]
Aegon Religare iTerm Plan – Cheapest Term Plan – Review Introduction Few days after launching the cheapest ULIP plan (Invest Maximizer) in the industry, Aegon Religare has done it again. This time the company claims to have launched the cheapest term insurance plan in the industry. The company says that its latest term insurance plan […]
Buying Insurance over Other Investments for Returns: Opportunity Cost or Opportunity Lost Introduction It’s March, the tax planning season is at its peak and Ajay (person earning 6 Lakhs pa working in an MNC) has started his yearly ritual of scouting for investments for saving income tax. Ajay tells his financial planner Pankaj that he […]
Rupee Cost Averaging – Get More Value for Your Buck Introduction Sameer is a common investor. He wants to invest in the stock market, but is worried that the market will fall after he invests as the market has run up too much too fast. But at the same time he is worried that the […]
Introduction Saagar is a 20 year old guy who has just entered the corporate world by joining a MNC company. As part of the induction process Saagar has to attend an investment awareness session on tax planning. At this age thinking about tax planning, investments and retirement planning is the last thing on Saagar’s […]
Introduction Having insurance is important. But having the right insurance policy and the right amount of insurance cover is even more important. Sample this case study….. Kumar family had a dream of making their 2 year old son Manish a pilot. This dream made a crash landing when his father (Prashant) died in a road […]
Introduction A popular advertisement in media which most of us must have seen says “There are some things that money can’t buy, but for everything else there is MasterCard.” Ask people in which category does human life belong and without a second thought they will agree that human life is priceless and no amount […]
Introduction It is the busy month of March and the tax planning season is at its peak as it is the last month to make investments in tax saving products to avail maximum income tax benefits. David is a 22 year old person working in an MNC. He will be filing his income tax […]
Introduction There are different types of mutual funds available in the market. Based on the style of investing the 3 well known types of mutual funds are: Equity Mutual Funds: These mutual funds invest a major portion of their corpus in equity shares and equity related instruments. The aim of this type of mutual fund […]
It’s hard to miss the Aegon Religare Invest Maximiser Plan advertisement in media. The company claims that it is the cheapest ULIP plan available in the market. The company goes to the extent of saying that if someone is able to find a cheaper ULIP, the company will reward the customer Rs 1000. That is […]