Guides
NEFT v/s RTGS v/s IMPS: simplified
If you have tried transferring money electronically to an individual or an account, you would’ve come across the terms NEFT,RTGS and IMPS. Most of…
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Guides
Compound Interest – “the eighth wonder of the world”
Definition: Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Compound interest can…
Guides
What are Closed-ended & Open-ended Mutual funds?
Open-End Funds Many investment products are not one single product, but are instead a collection of individual products. Just as you wear a collection…
Financial Planning
Ladies, Financial Planning is like another Beauty Product!
“I have opted for financial planning and wanted to invest in mutual funds” – when I told this to my mom; she was as…
Guides
Loan Amortization
Amortization is, “the systematic repayment of a debt”. The emphasis is on the word “systematic”. Amortizing a loan means paying it down, bit by…
Guides
Inflation
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage…
Guides
What is a Systematic Investment Plan?
A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest…
Guides
Tax Benefit on Home Loan: Section 24, 80EE & 80C
A very important criterion to be kept in mind while taking a Home Loan is the Tax Benefit on Home Loan. To explain the…
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