What is a Mutual Fund?

What is a Mutual Fund?

Read this blog to learn about Mutual Funds, types of Mutual Funds, advantages of investing into Mutual Funds & how to get started. To know more, visit FinEdge now!

How to Save Tax Using ELSS Funds

ELSS funds offer tax-saving benefits with higher return potential and a shorter lock-in period than traditional options. Investing systematically can maximize gains and reduce market timing risks.

How to maximize your Mutual Fund SIP Returns

Maximize your Mutual Fund SIPs by aligning them with financial goals, increasing contributions over time, and rebalancing annually. These strategies ensure disciplined investing, optimal risk management, and long-term wealth growth.

Why should you review your financial portfolio?

Regularly reviewing and rebalancing your financial portfolio is crucial to staying on track with your financial goals. Market fluctuations, changing financial objectives, and evolving economic conditions can impact your investments. A disciplined review every 6-9 months helps adjust asset allocation, optimize returns, and minimize risks. Stay informed and invest wisely.

Tax savings through mutual funds: 5 ELSS that may fetch you good returns and great savings

ELSS mutual funds offer a compelling way to save taxes while building wealth over the long term. With a lower lock-in period compared to other tax-saving instruments and the flexibility of SIPs, they make for a great investment option. Whether you're looking for tax savings or capital appreciation, consider diversifying your approach and staying committed for long-term growth

The 3 D's of Financial Goal Achievement

Achieving financial goals isn’t just about earning—it’s about planning and commitment. Stay disciplined in your savings, start early to leverage compounding, and avoid debt to secure your future. Small, consistent actions today can lead to big financial wins tomorrow!

The Top 9 “Money Things” to do before you’re 40

Turning 40 is a major milestone, and ensuring financial stability is key. Build a solid emergency fund, automate retirement savings, and create a financial plan with annual reviews. Eliminate high-interest debt, secure adequate insurance, and start saving for your child’s education. Own a home, master tax-saving strategies, and draft a will to safeguard your family's future.

Ten Important Features Of Your Health Insurance Policy

Health insurance isn’t just a safety net—it’s a necessity! From pre-existing conditions and waiting periods to claim settlement ratios and sub-limits, knowing your policy inside out can save you from unexpected financial burdens. Choose wisely and ensure your coverage meets your family’s needs!

Retirement Planning - how much do you need?

Retirement planning isn’t just about saving—it’s about saving smartly! Factor in inflation, medical needs, and lifestyle goals to build a secure future. Aim for a well-diversified, high-yielding investment plan, and start early. The key to a stress-free retirement? Disciplined investing and long-term vision!

All about Student Loans

With education expenses in India rising at the speed of knots, it’s no wonder that the popularity of student loans are on the rise.  In fact, a recent article Economic Times article^ suggests that MBA costs are expected to rise at 15.26% per annum and other undergraduate expenses 12.59% in next five years. For undergraduate engineering courses, fees typically range from Rs 5-10 lakh, while for a five-year medical course at a private college this number could be upwards of Rs 50 lakh! For post-graduate management courses such an MBA or PGPM, fees could be more than Rs 10 lakh.

EPF Versus NPS. Should You Switch?

EPF vs. NPS – which is the better retirement option? While NPS offers market-linked returns, EPF provides fixed returns with tax-free maturity benefits. The mandatory annuity purchase and taxability of NPS withdrawals tilt the balance in favor of EPF. However, for long-term flexibility and growth, Mutual Fund SIPs remain the best option for retirement planning!