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How to choose best Mutual Funds scheme?

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...

How to Make Your Vacation Safe with Travel Insurance

Generally, hospitalization expenses are much higher overseas as compared to the cost in India. In this situation, traveler is best supported by the right travel insurance in India online. People should plan wisely by securing themselves under travel plan and take extra care. To make a fruitful decision, it is recommended to read travel insurance reviews of desired products. Below are some guidelines that customers must follow when purchasing online travel insurance:   Travel Duration More travel time means that more insurance premiums have to be paid by policyholders. In order to save some money, frequent flyers better choose multi-trip policy. These policies are generally valid for one year and cover the insured for many trips abroad where the duration of each trip is approximately 45 days. Travel Destination The main reason for buying a travel insurance is travel destination. If the cost of medicine is costly, the premium is higher. In the event of visiting countries pr...

When is the perfect time to take New LIC Jeevan Anand and LIC Term Insurance?

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...

LIC Agent In Nagpur

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Just dial 9373284136, CFP certified financial planner, to know more # cfp   # certifiedfinancialplanner   # mywealthapp   # mutualfundsagentinnagpur # licagentinnagpur jayant@jayantharde.com www.jayantharde.com # gurukripainsuranceandinvestment

Insurance Policy Agent In Nagpur

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Just dial 9373284136, CFP certified financial planner, to know more # cfp   # certifiedfinancialplanner   # mywealthapp   # mutualfundsagentinnagpur # licagentinnagpur jayant@jayantharde.com www.jayantharde.com # gurukripainsuranceandinvestment

Life Insurance Policy Agent In Nagpur

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Just dial 9373284136, CFP certified financial planner, to know more # cfp   # certifiedfinancialplanner   # mywealthapp   # mutualfundsagentinnagpur # licagentinnagpur jayant@jayantharde.com www.jayantharde.com # gurukripainsuranceandinvestment

Systematic Transfer Plan

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  An STP is a plan that allows investors to give consent to a mutual fund to periodically transfer a certain amount / switch (redeem) certain units from one scheme and invest in another scheme of the same mutual fund house. Thus at regular intervals an amount/number of units you choose is transferred from one mutual fund scheme to another of your choice. This facility thus helps in deploying funds at regular intervals. Advantages Consistent Returns Through STP, you can transfer your money to a target equity fund while you are invested in a debt or liquid fund. Therefore, you will get the returns of the equity fund you are transferring into and at the same time remain protected as a part of your investment remains in debt. Averaging of Cost Like SIP, in STP too, a fixed amount of money is invested in the target fund at regular intervals. Since it is similar to SIP, STP assists in averaging out the cost of investors by purchasing more units at a lower NAV and vi...