Rajiv Gandhi Equity Savings Scheme or RGESS as it is commonly called was introduced in Indian Budget 2012 by the finance minister and has now been approved for roll out. For the uninitiated, RGESS is a new tax saving scheme meant to invest retail investor’s money into the stock markets that will allow tax breaksRead More
Product Reviews
Dhan Suraksha Express ULIP – Is your dhan really surakshith ?
Dhan Suraksha Express is a Unit Linked Insurance Plan (ULIP) from Star Union Dai-ichi Life Insurance Company with the objective of providing financial protection to your family with growth of your investment money. This ULIP is different from others as it is a low term ULIP and offers just two fund options to park your premium in.Read More
Quantum Long Term Equity Fund Growth [infographic]
Here is a review of Quantum Long Term Equity Mutual Fund. This is a large cap/mid cap equity mutual fund from Quantum Fund house. Quantum fund house is run by Ajit Dayal – one of India’s only maverick mutual fund visionary. Ajit has successfully run his funds without any support from powerful distribution channels andRead More
Should you buy ICICI Prudential US Bluechip Equity fund ?
ICICI Prudential US Bluechip Equity Fund was launched by ICICI Prudential AMC on June 19th 2012. Let us check the details and see whether it makes sense to invest in this mutual fund. A bit on the fund house first. ICICI Prudential AMC is one of the most reputed fund houses in India. It hasRead More
HDFC Balanced mutual fund [infographic]
OK, HDFC Balanced Mutual Fund needs no introduction. But I guess it will be a shame if we don’t cover this here. This is a hybrid fund with around 15% returns over the last 12 years, as of writing. With around 20% in debt and 10% in cash and the rest in equity, HDFC BalancedRead More
Aviva Young Scholar Advantage Child Plan
Aviva’s Young Scholar Advantage child plan is a Unit Linked Insurance Plan (ULIP). Can it serve the purpose of meeting the financial planning goals of your child ? Or are you buying because Sachin Tendulkar is branding the product ? Whatever might be your situation, it might be worthwhile to read about Aviva’s child planRead More