The question every woman needs to ask herself is whether she is really financially independent. What does being financially independent or freedom mean? Being financially independent means not having to say yes to things that are against your morals and ethics. It gives you the power to say “No” to…
What are Fixed Maturity Plans (FMPs)? Fixed Maturity plans are close ended mutual funds which invest in fixed tenure bonds and other securities. Though the returns are not assured, they are predictable as the funds are invested in fixed interest securities maturing on a fixed maturity date. The returns can…
What are Balanced Funds? Balanced funds invest in both equity and debt. In balanced funds 65% of the funds are invested in equities and rest 35% in debt. Advantages of investing in Balanced funds They get equity tax treatment and the returns from debt component are also taxed at equity…