Key features, you should look before buying any term Insurance A person should get term insurance if he has any dependents, it could be children, wife, parents. Term plan also protects your dependents against any loan payments or liabilities you might have. With a nominal premium, you can get excellent coverage. Term plan is certainly [...]
How to become a better MF Investor?
Every new MF investor faces a dilemma whether he should begin investing with a balanced fund or an equity fund to build wealth over time. Volatility in the stock market every now and then adds to the confusion. Another dilemma faced by investors is whether one should invest through Systematic Investment Plan (SIP) or make [...]
List of top Indian mutual funds
ABN-AMRO Baroda Pioneer Mutual Fund Benchmark Birla Sunlife Canbank DBS Chola Deutsche DSP Merrill Lynch Escorts Fidelity Franklin Templeton HDFC HSBC ING Vysya JM Kotak Mahindra LIC Morgan Stanley Principal Prudential ICICI Reliance Sahara SBI Standard Chartered Sundaram BNP Paribas Tata UTI
Association of Mutual Funds in India (AMFI)
With the increase in mutual fund players in India, a need for mutual fund association was generated to function as a non-profit organization. Association of Mutual Funds in India (AMFI) was incorporated on 22nd August, 1995. AMFI is an apex body of all Asset Management Companies (AMC) which has been registered with SEBI. Till date [...]
Phases of Indian Mutual Funds investment
The foundation of the mutual funds industry in India dates back to the time when mutual fund was introduced by UTI in 1963. The growth path has been staggering but it saw a surge from 1987 when there other players also entered the market. Mutual Fund Investment India have witnessed an outstanding development both quality [...]
FAQ’s relating to Mutual Funds
Mutual funds are different from portfolio management schemes In case of mutual funds, the investments of different investors are pooled to form a common investible corpus and gain/loss to all investors during a given period are same for all investors while in case of portfolio management scheme, the investments of a particular investor remains identifiable [...]
Guide for understanding terms used relating to Real Estate
Most frequently used terms in the industry are as follows: Built-up area: Built-up area denotes to the entire area of the floor including carpet area, walls, lobbies and corridors, atrium areas and basement. Always, check with your builder/agent on what concept they are using. In Mumbai, the basement, staircase, lift, and utility rooms like generator [...]
Procedure for buying a Home
Following is the procedure: 1. Survey of Location Find out whether the location is close to amenities such as apartment complexes, shopping malls, recreational facilities, industrial belts, and schools. 2. Analysis of the plans and policies of the local civic bodies. 3. Prepare the necessary documents: Salary slip Statement from bank for the previous financial [...]
Real Estate Laws in India
Investing in real estate in India require compliance with various laws which run into dozens, some of them more than 100 years old and some very new. In addition to federal laws of India, there are many state laws governing real estate transactions and investment. The federal laws governing real estate include: Indian Transfer of [...]
Mutual Funds schemes in India
In India there is a wide variety of Mutual Fund Schemes to cater to the needs such as financial position, risk tolerance and return expectations etc. Being a collection of many stocks, an investor can go for picking a mutual fund might be easy. There are over hundreds of mutual funds scheme to choose from. [...]