Lakshya SIP: Baroda BNP Paribas Mutual Fund launches a mix of SIP, SWP plans; check details for investment

Lakshya SIP: Baroda BNP Paribas Mutual Fund launches a mix of SIP, SWP plans; check details for investment

  Baroda BNP Paribas Mutual Fund has announced the launch of Lakshya SIP, an investment solution that merges the advantages of a Systematic Investment Plan (SIP) and a Systematic Withdrawal Plan (SWP). Geared towards long-term wealth accumulation and consistent monthly earnings, Lakshya SIP is designed to assist Indian investors in attaining financial independence and achieving … Read more

Financial planning: How much is enough to retire early looking at current inflation, domestic and global economic scenario?

Financial planning: How much is enough to retire early looking at current inflation, domestic and global economic scenario?

In our traditional society, 60 years used to be considered the standard retirement age. However, in recent times, an increasing number of individuals are challenging this age limit by opting for early retirement. Many experts advocate for the pursuit of financial independence, known as FIRE (Financial Independence, Retire Early), with the goal of retiring much … Read more

‘Micro SIPs are better than chit funds, unorganised credit societies’: Experts on Sebi’s Rs 250 SIP plan

‘Micro SIPs are better than chit funds, unorganised credit societies’: Experts on Sebi’s Rs 250 SIP plan

Mutual Funds and small SIPs: Investing in mutual funds is often viewed as a more secure option compared to the stock market due to its diversified nature and professional management. Systematic Investment Plans (SIPs) serve as popular investment tools within the realm of mutual funds, aiding individuals in attaining financial objectives at various junctures of their … Read more

Raksha Bandhan 2024: List of financial gifts for your brothers, sisters for a sound future. Top 7 points

Raksha Bandhan 2024: List of financial gifts for your brothers, sisters for a sound future. Top 7 points

Raksha Bandhan is the most auspicious and most celebrated brother-sister festival in India. This year, Rakhi will be celebrated on August 19, 2024. Though traditional gifts like cash, clothes and jewellery are the favourite gift choices for sisters, many financial experts feel that gifting investment tools, such as fixed deposits, mutual funds, and others, can … Read more

Build your financial future with the 7-3-2 Rule: Check top points here

Build your financial future with the 7-3-2 Rule: Check top points here

Embarking on the path to financial success can feel overwhelming, especially when aiming for a significant milestone like accumulating Rs 1 crore. However, every monumental journey begins with a single, decisive step. As you set your sights on this ambitious goal, it’s crucial to plan meticulously and take action without delay. While the prospect of … Read more

Union Budget 2024: What tax relief, tax deductions can FM Sitharaman offer women in full Budget

Union Budget 2024: What tax relief, tax deductions can FM Sitharaman offer women in full Budget

Budget 2024-25: In the upcoming Union Budget 2024-25 many sectors and segments are expecting subsidies, tax relief, and other subsidies. One such segment is women. Finance Minister Nirmala Sitharaman, along with her team, is expected to introduce a range of policies focused on empowering women in the forthcoming full Budget. These policies may include the … Read more

Early retirement: This wealth expert feels you should not retire early but invest for financial freedom

Early retirement: This wealth expert feels you should not retire early but invest for financial freedom

In our traditional society, 60 years was the base retirement age. But with changing times, more individuals are challenging this age limit and opting for early retirement. Many experts have been encouraging the pursuit of financial independence, with the objective of achieving early retirement — commonly referred to as FIRE (Financial Independence, Retire Early). The … Read more

Every investor should have reasonable part of their portfolio in global basket: Devina Mehra

Every investor should have reasonable part of their portfolio in global basket: Devina Mehra

“I find a lot of women are diffident about managing their own money whereas they should be because there is clearly no independence without financial independence so that is a sort of cause for me to get people and women to manage their own money,” says Devina Mehra, First Global.It is usually said that women … Read more