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A participant non-connected program that provides an enticing mix of security with economies is LIC's latest Jeevan Anand scheme. This combination guarantees financial security against death for the lifetime of the policyholder by offering lumpsum payment in the case of his survival at the end of the chosen policy period. The program also meets the credit unit's liquidity needs. LIC's new Jeevan Anand scheme is a member that provides a captivating mix of security and economics. That option provides financial security against death by making a lump-sum payout at the end of the preferred policy duration, for the lifetime of the policyholder. The system also meets the liquidity criteria of the credit unit. Features of the New Jeevan Anand Policy If the policy holder survives the policy, when the plan ends he receives a maturity benefit and the life cover stays in force This policy offers double benefit, once at the maturity of the plan and again on the death In the unfortu...

A systematic investment plan (SIP) is an investment option provided to investors by many mutual funds, enabling them to invest small amounts on a regular basis, rather than lump sums. Investment level typically occurs regularly, monthly, or quarterly. Through SIPs, investors regularly debit a fixed sum of money through bank accounts and invest in a specified mutual fund. A number of units are assigned to the investor according to the present Net Asset value. Every time an amount is spent, the investors account earns more units. The strategy promises to free the investors by dollar-cost average from speculating on volatile markets. Since the buyer gets more units when the price is low, and fewer units when the price is high, the average cost per unit will be lower in the long run.  SIP appears to be encouraging responsible investment. SIPs are flexible; investors can stop investing in a plan at any time, or choose to increase or decrease the amount of investment. Retail invest...

There have been few developments in the last two years that have given direction to  the mutual fund schemes. It could be the re-categorization of mutual fund schemes by SEBI, the downward trend in midcap funds and small cap funds, to name a few. Mutual funds via SIP, following several such shifts, have always compensated investors in the medium to long term. There are several benefits of investing in mutual fund schemes by SIP. Mid Cap Mutual Funds A mid-cap fund is a pooled investment vehicle (e.g. a mutual fund or ETF) that primarily invests in mid-cap companies ‘ stocks, or firms with market capitalizations ranging from around $2 billion to $10 billion. As the name implies, a mid-cap company falls in the middle of large-cap (or large-cap) and small-cap companies. Classifications such as large-cap, mid-cap and small-cap companies are only approximations and may change over time. Mid-cap funds provide investors with a diverse portfolio of mid-cap firms. Mid-cap stock fu...

The dream of every parent is to make sure that their child gets the best of all. As parents, you’re concerned about your child’s little need, but schooling and marriage are the biggest concerns that you don’t want to compromise on anything. Only by taking a small step towards the future can you be concerned about these issues. Mutual Funds are an excellent way to invest in the future of a child. Before becoming an adult, many parents want to create a corpus for their child so it can be useful for higher education. We also funnel cash from piggy banks, small amounts earned as presents on occasions such as their birthday, win a race, do well in a sport, and so on to mutual funds. There are some mutual fund schemes on the market that provide returns that would provide your children with financial advantages for needs such as meeting wedding expenses, potential educational needs, etc. Its long-term capital appreciation would fall under the Hybrid or Balanced Mutual Funds category. Such ...

“Compound interest is the 8 th wonder of the world. He who understands it earns it and he who doesn’t pays it.” – Albert Einstein   Power of Compounding Albert Einstein rightly said that the world's 8th wonder is compound interest. Compounding is a very strong concept. This is because you still earn interest on the interest of your invested money. The investment value continues to grow at a geometric (always increasing) level than at an arithmetic (straight-line) rate. Over a period of time, the capital continues to accumulate. Compounding is also a phenomenon of a long-term existence. And in the long run, I mean 15-30 years. Investing early is as important as investing wisely. Just a small amount can quickly increase your earnings. Let's see how you can earn Rs 10 Cr from an Rs 15 K investment. 15*15*15 Rule Rs 15,000 SIP will give you the return of Rs 1 Crore at maturity at an estimated 15 percent CAGR for 15 years. You can get Rs 1 Crore with just an investment of Rs 27 l...

Diversification of the portfolio is the key to a moderate equity investor and a moderate risk profile must be taken into account. It is possible to consider multi-cap and diversified equity funds for the same purpose. Everyone wants to create a corpus that can be used to fulfill dreams or to overcome economic emergencies. Keeping this in mind, everyone seeks at strategically investing in order to reap beautiful advantages for them. Some of you may have the idea that mutual fund investment is a dangerous affair. But that’s not completely true. Indeed, there are countless choices in mutual funds such as equity, debt fund, and balance fund, all depending on the investor’s requirements and risk appetite. All these systems of mutual funds give yields based on the related risk factor. The capital market is like a sweet store, complete of arrangements for mutual funds, with sweets according to the appetite of everybody. In this article, for a moderate equity investor, we will understand...

Someone rightly said, "Raising a kid is not the play of a kid." They were probably referring to the increasing cost of education. You know, IITs increased their undergraduate education charges from Rs 90,000/-p.a. in 2017. Rs 2,00,000/-p.a.Similarly, the fee for IIM-Ahmedabad's two-year flagship diploma program for the 2018 class was Rs 19.5 lakh. This is 400 percent more than what the 2007 B-school charged. If the leadership course charges continue to increase by 20 percent every year, it would affect Rs 95 lakh by 2025.These are also the expenses you pay for receiving admission to the required vocation / stream. But to get entry for these coveted seats, coaching starts much in advance. These days, parents are sending their children themselves for engineering and medical entrance training from age 13-14 to give them the additional edge required to fight the intense competition. Coaching courses pay about Rs 80,000-1,00,000/- per year. Interestingly, the price of co...

This is because health is still a personal concern rather than a public concern in our country. Although the government has established many government hospitals where expenses are low, these hospitals may lack the necessary facilities and staff several times.Medical emergencies are costly. If you experience a medical emergency without insurance, it's simple to discover yourself in heavy debt with apparently no manner out of the mess. Our nation is struggling with several issues, the population is burgeoning by the day, and our nation is still far from becoming a place where every citizen receives free health care regardless of the sort of medical condition. Health insurance has become a requirement in today's moment. Most individuals in their twenties feel secure and comparatively healthy and choose to go without health insurance. Do not create this error and begin looking for a nice and low-cost insurance now. What has the Government done to Promote Health Insurance? Th...

Women generally tend to procrastinate when it comes to making financial decisions about their own selves. They are so busy with home and office juggling, they tend to forget themselves. But it is essential for them to think deeply about themselves. Considering the uncertainties of life, it is essential for them to make economic provisions. Life is unpredictable and that’s where the function of insurance comes into the image. Why not give your wife the safety of her lives and savings. In this blog, we focus on four significant insurance schemes that must be component of a women’s economic kitty to guarantee that they are emotionally and financially ready against life odds coming their way in the form of premature death, illness, disease or ancient age. Term Insurance Plan In this blog, we focus on four significant insurance schemes that must be component of a women’s economic kitty to guarantee that they are emotionally and financially ready against life odds coming...

How simple is it selecting the best funds from approximately 40 mutual funds and hundreds of schemes? It’s certainly not simple. Suppose we’re choosing a few. Is those funds going to be the best? Not Sure. So how do we select the best funds in this challenging and uncertain task? Therefore, don’t go to the Best. Select the right thing for you. Let’s see an instance for a better understanding of things. Consider that you went for Apparels shopping. You’re not just choosing what looks great. First, you’re looking for what kind of clothes you need. Whether formal or casual. You then choose your size. Then you see the one that looks best. The question then is whether or not the pricing is justified. Finally, you’re going for the one that’s right for you. This is how you’re shopping for the correct thing for you. The choice of the fund should be based on your goals, time horizon, risk appetite that informs you what asset allocation and categories to look for and then selec...

LIC New Jeevan Anand is one of LIC's best-selling endowment plans, offering risk cover even after the maturity of up to 100 years old. But is it really good because your insurance agent has tried to sell it for you, or your partner has suggested you go for it, or because you have to take out an insurance policy? For whom is this policy really intended? When is the perfect time for buying it? Insurance is for anyone who purchases. However, with no previous research, it is not something to be thoughtlessly purchased. People are always stirred up by what insurance they should be going for when they think about Term Insurance and other insurance products. Term Insurance is consistently suggested as it is the "genuine frame" of insurance. People buy money back plans and other savings plans are planning to multiply their money over time. Be that as it may, there would be a huge financial burden on the family if the family provider expires. A term of protection is there...