Most people work hard to become wealth. Work is a necessity. But work does not automatically lead to wealth unless you are in first 3 level executive position in your organization. In India, people are more attached to core banking, fixed deposit and insurance. Bankers and insurance agents recommend savings accounts and insurance products that promise a return. But the ...
Young generation spends monthly 1500 rupees to have Pizza. 23% Indian population spends more than 2000 rupees for cigarettes. 34% spends for liquor and beer. Let us talk about diverting the 1500 rupees to mutual funds SIP. Do not tell you do not have reason to start mutual funds SIP. Why you have to start Mutual Funds SIP: Everyone has ...
Everyone wants to become rich and enjoy financial independence . But we are not clear about the way to reach the crorepati club. Monthly investment of 30,000 rupees for 10 years in mutual fund SIP would place you in crorepati club. Let us discuss how to invest the 30,000 rupees in SIP investment. Diversify the investment by investing in multi-cap, ...
Mutual Fund is a regulated way of getting the money from retail investors(like us) and invests the same in a variety of different financial instruments or securities such as stocks, bonds. Each mutual fund invests in group of portfolio based of expected returns and risk. The income earned/loss through these investments by the scheme are shared by its investors. The ...