When you are an NRI, the banking rules and accounts changes for you. If you follow these rules and implement from start, it will be easy for you to transact, send money and invest. So let’s learn the basic concepts behind NRI accounts Repatriable TDS and other terms. So the changes start happening when youRead More
SWP Systematic Withdrawal Plan : Under Utilized Strategy
SWP Systematic Withdrawal Plan is a facility for regular cash flow. It gives you the freedom to withdraw your long-term investments in tax efficient and as per need. You can withdraw money from your existing mutual fund investments at pre-determined intervals, be it weekly, monthly, quarterly, half-yearly or even annually, to create a regular cash flowRead More
Myths Surrounding Direct Plans
Direct plan mutual funds have proved to be a great way in which informed investors can build a low-cost portfolio and suitably take advice too. This is visible in the growth numbers too. But the evolution of direct plans are also facing certain myths these are in the concept & processes. So I thought toRead More
What Is DigiLocker? Benefits & Registration Procedure
Documents flow is the most important part of the economy. Tell me- can you invest or avail any service like banking or telecom or even check into a hotel without valid documents? But so many documents moving in pockets/wallets/internet are posing a challenge to logistics & authentication. The modern day crimes like identity theft areRead More
5 Doors That You Close On Good Advice
Last week I was invited to speak at a meeting consisting of working bankers. Now all banks sell Mutual Funds & insurance so they have basic training of products. But after talking to them for around 45 minutes, I could guess they were not interested. For them, Good Advice – means product specific talk. TheyRead More
Some Myths Some Truths About Mutual Funds
Have you seen a rocket going up (or Kim Jong testing the ICMBs.. Jokes apart)? To get itself into the orbit, it has to leave various bottom parts. It gets rid of itself from the unwanted and heavy burdens. Scientists call it various stages of launch. Same way in order to achieve success in investingRead More