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Most of us while selecting a mutual fund scheme for investments look for recommendations from friends, browse through various tips given on different websites and take a decision based on the ratings given by different agencies. We hardly try to…
You may have heard it many times when you are in the world of mutual fund investments – “Don’t time the market, steer clear of greed and envy, and be prepared to wait “. Investing smartly in mutual funds may sound…
Commutation of pension is always a good option. Firstly, the enhance rate of pension(without commuted portion) is given to next of kin upto seven years from the date of death of pensioner. Secondly, any liability can be cleared with commuted…
With stock market in correction mode for almost two months now, we are witnessing gains in our equity based portfolios getting eroded substantially, more so in mid and small cap. Nifty benchmark index has fallen 13% from its recent high…
Assuming following Current annual expenses, say 5 lakh. Average inflation say, 7% pa Retirement age 60 Expected life span, say 85 years Expected Return on investment after retirement say, 7% With these assumptions one would need approximately Rs 8.15 crore…
Invest in liquid mutual fund and draw monthly amount as part of systematic withdrawal plan(SWP) . You can draw Rs 46500/- every month from this mutual fund with complete protection of your capital. #investwisely