News From Press

SIP Cover is one of the options before investors to have a free life insurance cover to protect themselves and their investment at the time of COVID-19 pandemic.

It would be the first instance that all the insurance companies will launch a plan with the same name as the insurance regulator IRDAI has decided to name the product.

Summary Mutual funds also offer designated pension plans. One can choose to remain invested and receive a periodic payment in the form of dividend or redemption while the rest of the funds continue to remain invested and grow.

Summary While credit score ranges from 300 to 900, a fair credit score is between 550 to 700 and a very good credit score ranges from 700 to 900. A person can inculcate good credit habits which go a long way in maintaining a good credit score.

Summary Equity investors don’t like to read about how not to lose money. They’re inherently optimists. You might think that equity investing makes people optimists, but that’s not really true.

Summary Some of these mistakes can often be harmless and routine. However, sometimes these decisions can lead to irreparable losses. Like the couple in this story whose mistakes led to their complete financial destruction.

The interest on the seven-year bond will be paid semi-annually on January 1 and July 1 every year. The interest on January 1, 2021 will be paid at 7.15 per cent. The rate for next half-year will be reset every six months, the first reset being on January 1, 2021.

The premium under both the products shall be pan India basis and no geographic location or zone-based pricing will be allowed.

In view of the possible redemption pressure that the mutual fund industry may face after the abrupt winding up of six debt schemes of Franklin Templeton Mutual Fund, the central bank announced a special liquidity window of Rs 50,000 crore for mutual funds in April end.

Summary "No one knows how long the pandemic related situation will continue and hence the fallout from this and the magnitude of economic impact remains hazy."

As debt mutual funds are less riskier than the equity funds, people often park their short-term money and even emergency funds in debt MF.

‘India’s balance of trade and payments could see a meaningful shift in the next three to five years’

Most Indians look at their children’s education and wedding as priorities

Only if your portfolio is already well diversified, can you consider having one such fund in your portfolio

Even though the duration of SSY is 21 years, one has to deposit money only for the initial 15 years in the SSY scheme.