How to do KYC for Mutual Funds?
Know Your Customer (KYC) is a crucial process in the financial industry, ensuring the identification and verification of investors. When…
Finance
What is FCNR Deposit Account? Fixed Deposits for NRI’s in India
The Foreign Currency Non-Resident (FCNR) Deposit Account is a specialized financial instrument tailored for Non-Resident Indians (NRIs) seeking fixed deposit…
What is mean by Instant Gratification? And how does it affects your Financial Life?
Instant gratification refers to the desire for immediate rewards or pleasures without considering the long-term consequences. In the context of…
Understanding SIP Calculator And How It Works
Investing your money wisely is a crucial aspect of financial planning. With the availability of various investment options, it becomes…
How to calculate Future Value of your monthly Investments
Calculating the future value of your monthly investments is a fundamental aspect of financial planning, providing insights into the growth…
What is 80/20 rule and how it applies to Financial Planning
The 80/20 rule, also known as the Pareto Principle, posits that roughly 80% of effects come from 20% of causes.…
What is Dividend Investing and How to find Dividend Stocks?
Dividend investing is a strategy where investors focus on acquiring stocks that consistently pay out dividends, providing a regular stream…
Understanding the art of Asset Allocation and Portfolio Rebalancing
Asset allocation and portfolio rebalancing are crucial strategies in the realm of investment management, representing the delicate balance between risk…
Selecting Mutual Funds for Tax Savings: A Comprehensive Guide to Strategic Decision-Making
Investing in Mutual Funds for tax-saving purposes is a strategic financial decision that not only helps individuals grow their wealth…
How needs and wants are different from each other?
Distinguishing between needs and wants is fundamental in understanding human behavior and decision-making. While both represent elements of desire, they…