At the onset of a financial year, with a lot of enthusiasm, we all hear out the Budget, especially the personal finance section, announced by the finance minister. The budget of FY 2018-2019 has incorporated some new areas that can help you to save tax. As tax-saving time is here, so it is right for you to quickly know about the newly introduced improvements or sections where you can save tax. 

As the popular adage goes “Health is Wealth”. To protect this wealth, it is important to start investing in it at an early age. Medical emergencies tend to come unannounced, and the chances of one happening have only risen in the last few decades. The medical advances mean that you are far more likely to survive an emergency, but that does not mean it will not leave you burdened with debt – if you are not prepared for it. The best way to prepare for a medical emergency is health insurance.

The best time to invest in an asset is when it is bound to grow with time, and not when it is shrinking in value. Therefore, the best time to purchase health insurance for you was yesterday. You should invest in your health while you are still young and healthy. Remember the return on investment in health insurance will be seen over your entire life and not just the first year you get the cover for. Here are 10 reasons to convince you to buy insurance right away:

We have often read or heard about adding a critical illness component in our health insurance plan. Most people wonder whether it makes sense to include this add on in one’s health insurance policy. In this article, we will read about its importance and benefits so that one can take an informed decision.

We are pleased to announce the introduction of Minor Account opening along with Simplified 4 steps Onboarding Journey on Online MF platform.

Now, Process for Onboarding has been simplified.  You can onboard client with either of one contact details (Mobile or Email) updated with KRA. You can also initiate Minor account opening with & without PAN.

National Pension System, also known as NPS, is a voluntary defined contribution pension system cum tax planning tool introduced by Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The primary objective is enabling systematic savings during the working life of the subscribers.

The aim is to provide retirees with an option to achieve financial stability during their golden years.

“Mutual funds are subject to market risk. Please read the offer document carefully before investing.”

You must have heard the same in umpteenth disclaimers, but are you really aware of the different investment risks, posing a threat to your hard-earned money.

The statutory warning in the disclaimer is an attempt to wake you up from your slumber that has been keeping you oblivious of the different investment risks you could confront while investing in mutual funds.

In the popular Bollywood movie, 3 Idiots, in a humorous scene, a book was sarcastically defined as instruments that record, analyse, summarise, organise, debate and explain information; that is illustrated, non-illustrated, hardbound, paperback, jacketed, non-jacketed; with a foreword, introduction, table of contents, index; that are indented for the enlightenment, understanding, enrichment, enhancement and education of the human brain through the sensory route of vision - sometimes touch.

Often, investors find themselves contemplating whether they should opt for equity or debt investments. This is seen particularly with first-time investors or those new to the financial markets and investments world. At other times, some investors are just looking to diversify their portfolio for regular re-balancing. That’s where Balanced Funds come as an option.

As any financial year begins, we come across a lot of speculations around the budget presented for that year. There are reforms across sectors that prove beneficial for the public and certainly help them in a big way by saving tax. The budget of FY 2018-2019 too incorporated new areas that help you save tax, especially if you are a Senior Citizen. Since we are nearing the time which requires our intervention on saving tax, it is apt for you to know about the newly introduced sections where you can save tax.