[ad_1] If you have Mediclaim, you have the choice of being reimbursed for your hospitalization costs or opting for cashless payment. Section 80D of the Income Tax Act of 1961 provides that the premium you pay is tax-free, making it a worthwhile investment. Insurance companies pay for medical expenditures incurred by the policyholder during … Read more
[ad_1] Insurance comes in a variety of forms, including health, term, life, and insurance for expensive things. However, only these three types of insurance – term life insurance, health insurance, and disability insurance – provide assistance in the event of illness or death. Before enrolling in any insurance plan, ensure that you understand everything there … Read more
[ad_1] Every long or short-term investment strategy has its own set of advantages. Mutual Funds are preferred by most investors because of their ability to manage risk. However, there are certain drawbacks to these investments as well. But before we get into the benefits and drawbacks of mutual funds, let’s first define what a mutual … Read more
[ad_1] Regular investors in India now turn to mutual funds as their preferred method of investing. More than a third (35 percent) of India’s total mutual fund assets have come from equity funds, up from Rs.8 trillion in 2013 to a staggering Rs.24 trillion in 2018. A whopping $1.2 billion in SIPs are made each … Read more
[ad_1] A mutual fund is formed when the money of several investors is pooled together to establish a single investment vehicle known as a mutual fund. The fund uses its assets to invest in a group of assets in order to fulfill its investing objectives. Mutual funds are available in a wide range of options. … Read more
[ad_1] According to the Securities & Exchange Commission, mutual fund investors will now be protected from “intermediate pooling” of money and units by mutual fund distributors, investment advisers, channel partners, platform providers, and other entities. Mutual fund distributors, investment advisers, channel partners, platform providers, and other entities will be prohibited from engaging in “intermediate pooling” … Read more
[ad_1] In the recent year, almost 1 crore new demat accounts were established. To put things into perspective, just 49 lakh demat accounts were established in 2019.Whether it was the shutdown or the market rise or low deposit rates, there is no disputing that the interest in shares has soared with the stock markets returning … Read more
[ad_1] In terms of economic fundamentals, gold is the most apparent choice for a medium of exchange for goods and services. The metal is plentiful enough to be employed in the production of coins, but it is also rare enough that not everyone can create them. Because gold does not tarnish, it is a long-term … Read more
[ad_1] Gold tends to do well when people are concerned about inflation and the risks to the financial system. An increasing number of investors are becoming risk-averse, and they are putting their money into gold in the hopes of making a profit. Analysts are afraid that the Federal Reserve will continue to hike interest rates … Read more
[ad_1] What’s best about mutual funds is how quickly they may broaden your portfolio’s diversification. Many people lack the financial resources to build a diverse portfolio of stocks and bonds. Solving the problem of being completely wiped out by a single poor wager is made easier by joining forces with hundreds of other investors and … Read more