Term Insurance is a pure protection insurance that offers financial protection to your family. It do not have any maturity benefits. It is same as car insurance and bike insurance. It would be beneficial only if case of accident or uncertainties of life. The coverage amount or the sum assured is paid to the nominee in case of death of ...
PAN is a very important document for them to carry out their financial transactions. Applying PAN card has been simple with Aadhaar card. Mutual funds investment requires PAN card, Bank account details and cheque book to start. These all takes 3 min to apply for PAN card and start your mutual funds investment. PAN card charges for Indian citizen is ...
Financial Literacy is important for financial growth of the individual as well as economic growth of a country. It is just 24% financial literacy rate in India is way behind other countries. According to a global survey, India is home to almost 20% of the world’s population, however, 76% of its adult population is not even aware of the basic ...
Diversification is important in financial planning. Invest in multiple financial instrument is important to get better returns. The investments should be on gold, bonds, stocks, real estate and mutual funds for better returns. This post we would discuss long term funds for more than 5 years to get better returns. Diversification is of paramount importance. We can invest on mutual ...