Index Funds are Mutual Fund Schemes that are created using the market index as a base. A portfolio of index fund contains stocks in the similar proportion of index. In other word Index Fund follows specific Index. The performance of these funds is dependent on the performance of a specific index. These types of funds are passive fund. They do not require active management. It clearly means that the expense ratio of these funds is very low. For example, SBI […]
Tax planning is an important exercise to reduce tax liability by making maximum use of available deduction and sections. It is generally seen that when it comes to saving taxes most of the people make maximum use of section 80C limit. However, there are multiple other sections and laws which can help you to save more taxes. You can even take help of your family members to save taxes. Your children, parents, and wife can help you to save more […]
As you are reading this post, I assume that you are interested in earning extra income or looking for side jobs/business ideas. Making extra income has become very important nowadays. The cost of living is zooming up, lifestyle expenses are increasing, and it is becoming difficult to survive with a single income source. If you are running short of money every month, you should start working on building extra income. To help you here are 15 Best Side Jobs for […]
How to Download NPS Statement or check account balance online? NPS subscribers are always searching for this answer. In this post, I will share step by step method to download NPS statement. National Pension Scheme (NPS) is one of the best investment schemes for retirement planning. Apart from investment, NPS also act as very good tax saving tool. NPS allows additional tax benefit of Rs 50000 under section 80CCD (1B). This amount can be claimed for deduction during a particular […]
Insurance Regulatory Development Authority (IRDA) has recently published Annual Report 2017-18. This report contains important information about the claim settlement ratio of insurance companies. Based on IRDA Annual report 2017-18, I have listed down 10 Best Life Insurance Company in India. The listing of a life insurance company is done purely based on IRDA claim settlement ratio 2017-18. It is highly recommended to check the claim settlement ratio before buying any life insurance policy. So, let’s try to look at […]