You would have seen that most Mutual fund plan has direct plan and regular plan. And you also would have noted that there is a difference between the NAV of the direct and regular plan. Let me take an example of one of the funds – Nippon India Growth Fund and compare the NAV of…
I generally plan for goals which are further than 7 years from now. I am clear on the instruments I can invest – namely Mutual funds, Gold bond funds, Stocks, FD and RD – I generally use a combination of these tools to arrive at an investment plan. With these constraints how do I invest…
Insurances are bought much cheaper when bought early in our life, this is true for both Life Insurance and Health insurance. So catch them young 🙂 First thing is to enter into an insurance agreement with insurer early and continue the same at a much cheaper rate for life. The earlier you enter, the lesser the…
In the first part of the blog here, we looked at why Insurance is not an ideal investment. Let us look at this a bit more quantitatively now, to let the numbers do the talking. We will compare quantitatively the returns from the two scenarios below: “Invest” in LICs “New Endowment Plus” policy of 10L…
