UHNI as defined are individuals that operate in large sums of money in terms of incomes and assets. They too are made of flesh and blood, they have a human mind, the only difference is their understanding and relationship with money. The relationship between a high-net-worth individual (HNWI) and their money is often complex and … Read more
But there are some cost-conscious Indians who still can’t digest the fact that on maturity (and survival), the term plans don’t pay back anything! To cater to such people, life insurers smartly launched the ‘Return-Of-Premium’ option for term plans. That is, this term plan has some survival benefits. How is this different from the plain … Read more
The new to health individuals, represented by young adults and Gen Z, are today demonstrating a forward-thinking and practical approach to financial matters, understanding the importance of long-term financial well-being. Amid their daily personal and work responsibilities, taking care of their health has become a top priority. As a financially savvier younger generation they see … Read more
Here is the review of Niva Bupa Personal Accident Policy and their distinct features which cater to the needs of common people. 1. Age Limit, Coverage and Policy Options – The minimum age to enter for individuals aged 18 years to 65 years. Whereas, the children aged between 5 and 21 years are covered under … Read more
Mostly, the promoters of financial freedom get it right; they talk about financial freedom being your ability to control your choices in life, your ability to control your time and your ability to generate income without fussing around with a 9 to 5 job and so on. But, is it just that, your ability to … Read more
Top News SEBI has issued regulations requiring listed entities to verify market rumours following significant price movements. Unaffected prices will be considered for transactions within 24 hours of confirming a rumour, excluding its impact on share prices. This framework applies to top 100 listed entities from June 01, 2024, and to the next top 150 … Read more
But as I wrote earlier, just having a 6-month buffer may not be enough and because of their unique circumstances, some people need larger emergency funds. While the idea of having an emergency fund is mostly agreed upon by everyone, where one parks the emergency money often results in different responses. In general, and for small … Read more
The financial independence of women is described by the term fiscal feminism and it is becoming popular in India. This term represents women’s freedom in terms of money, especially those who are mothers since they are defying traditional barriers and redefining their roles within the financial sector. The emergence of fiscal feminism India has experienced … Read more
When it comes to savings and investments, one of the key hurdles faced by lay investors includes financial awareness and knowledge. A number of financial literacy campaigns are conducted by a number of government and private agencies. Angel One has launched one such initiative ‘Fin One’ that aims to make youngsters aware about wealth generation via … Read more
Nifty Bank Index vs. Nifty PSU Bank Index Investing in mutual funds that track specific indices is a popular strategy for many investors, offering a way to gain exposure to particular sectors of the market. In India, two notable indices that mutual funds often track are the Nifty Bank Index and the Nifty PSU Bank … Read more