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How Can You Save Rs 46,800 with a Tax Saver FD?
Posted on Friday, November 4th, 2022 |
Like any other Indian middle-class individual, Mehul also grew up learning the importance of savings and investment. So when he hit the one-year mark at his first job, he decided it was finally time to start investing in a fixed deposit account with IndusInd Bank to meet his long-term financial needs. He would be earning…
Read moreHow the Fixed Deposits of the Indian Middle-Class Help Boost our Economy
Posted on Tuesday, October 4th, 2022 |
The most reliable financial instrument for middle-class investors, fixed deposits benefit both account holders and the national economy. Fixed Deposits (FDs) have long been the most preferred financial instrument for middle-income individuals in India. The decision to park one’s savings is primarily guided by a low-risk appetite and preference to security over immediate liquidity or…
Read moreIs investing in Balanced Advantage Funds a Good Retirement option?
Posted on Tuesday, September 27th, 2022 |
Everybody works hard to live a comfortable life after retirement, but due to the rise in living costs simply relying on your savings may not be enough. Hence, you must plan and explore different investment options that can secure your future. Balanced Advantage Fund or BAF is one such investment option that can offer great…
Read moreHow is SWP helpful in investment growth for a long period?
Posted on Wednesday, September 21st, 2022 |
A systematic withdrawal plan or SWP is an attractive investment feature with mutual funds using which investors can withdraw from their current investment portfolio in the form of a fixed amount at fixed intervals. Although SWP is the most commonly used, it is also the most misunderstood approach to investment. Therefore, it is imperative to…
Read moreHow to calculate Interest on Your Fixed Deposits?
Posted on Thursday, July 28th, 2022 |
Fixed deposits are some of the most preferred investment choice of India investors given the assured and stable returns that they provide. But have you ever wondered how the interest on your fixed deposit is calculated? If you have, you have come to right place. Let’s decipher how to calculate interest on your fixed deposits….
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