In this post, I will answer a few queries that investors may have while exiting NPS (National Pension Scheme). There could be three types of exits from NPS: Normal exit (At the age of 60 in … [Read More...] about FAQs: Lumpsum Withdrawal and Annuity Purchase at the time of exit from NPS
As a SEBI Registered Investment Adviser (INA100002719), we offer commission-free investment advice that is best suited for you and your family. By avoiding commissions, you earn better returns in the same investment. We offer a range of financial services. Visit the Offerings Section for more details.
If you keep a sizeable amount of money in savings bank accounts or bank fixed deposits, you must know about tax relief on interest income under Section 80TTA and 80TTB. Let’s find out about the tax … [Read More...] about Section 80TTA and Section 80TTB: Saving tax on interest income
Have you ever tried to under the mathematics behind No cost EMI schemes? As I see, the schemes are quite popular on e-commerce websites such as Flipkart and Amazon. Do you know RBI prohibits banks … [Read More...] about How No-cost EMI schemes from Amazon and Flipkart work?
Whenever I deride an insurance and investment combo plan, I get many queries about how to invest for your kids’ education. When you are planning for kids’ education, your biggest concerns are: … [Read More...] about How (not) to invest for Children’s education?
Senior citizens are soft-targets for mis-selling. Why? First, they may not be comfortable researching the financial products or may not have requisite skill/ resources to understand the product … [Read More...] about 5 reasons why Senior Citizens should avoid Life Insurance Products
Senior Citizens or retired personnel face many constraints that people in their 20s and 30s can’t even imagine. They have no salary to bank upon. They have to rely on their savings and pension to meet … [Read More...] about All you need to know about Reverse Mortgage Loan Scheme
Most term life insurance plans give you an option to add a critical illness rider to your base plan. You have to pay an additional premium to get coverage for critical illnesses. A few life insurance … [Read More...] about Review: SBI Life Poorna Suraksha: A Term Plan with increasing Critical Illness Cover
Long Term Capital gains on sale on debt mutual fund units are taxed at 20% after indexation. That is primarily the reason why many investors choose to invest money in debt mutual funds if the … [Read More...] about How a low growth in CII can affect your post-tax returns and investment choices?
Karthik (51) lives in Mumbai with his wife (Devani, 43) and two kids (Harsh, 12 and Ritika, 5). He realized the importance of adequate health cover a few years back and purchased a family floater of … [Read More...] about Use this smart Health Insurance Strategy to get higher cover at a low premium
SEBI mandated rationalization and categorization of mutual fund schemes in October 2017. With this rule, all the existing mutual fund schemes had to fit in one of the categories specified by SEBI. … [Read More...] about How to calculate capital gains and returns? (After MF scheme mergers due to SEBI Categorization)