Gold loans: You may soon have equated monthly installment plans to pay back loans to avoid irregularities

Gold loans: You may soon have equated monthly installment plans to pay back loans to avoid irregularities

Gold loans: Banks and gold loan companies are looking to implement monthly amortisation plans following concerns raised by the Reserve Bank of India (RBI) regarding deficiencies in gold loan disbursements. According to a report by the Economic Times, borrowers may soon be required to begin making interest and principal payments through EMIs immediately upon loan … Read more

As a senior citizen, is it safe to invest in thematic mutual funds, NFOs? Can you elaborate on the risk factors?

As a senior citizen, is it safe to invest in thematic mutual funds, NFOs? Can you elaborate on the risk factors?

I am 72 year old and I stay in Delhi. Should I invest in thematic mutual funds? Like infra funds, defence funds. I see a lot of new fund offers (NFOs) being launched every week? Can you guide me? Name withheld on request. Response by Atul Shinghal, Founder & CEO, Scripbox A 72-year-old investor might be seeking regular … Read more