A mutual fund is a product that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings. Mutual funds are financial tools that allow investors to pool their money to invest in securities such as stocks, bonds, and other investment products. Mutual funds offer a diverse mix of stocks and bonds with varying degrees of risk and return.
Have you planned your children’s needs? Planned your finances to meet the education expenses of your Children? How about planning for their day-to-day expenses and marriage? If not, here is what you should do: Ideally,YOU SHOULD start thinking about investing for your child’s needs when you start planning for a baby. The idea is to build financial plan for meeting your child’s needs. As your child is dependent on you, it is your responsibility to take care of him/her even if you are not around. Begin with an insurance policy.
When we retire, many of our family members, relatives, colleagues and friends wish us HAPPY RETIRED LIFE". Whether the retired life is going to be happy or not depends on the planning and provisions we have made while in active Service. We offer personal and business retirement planning services for all. We provide clients with simplified and individual approach to their retirement plans. Our team is experienced and flexible. Your long term goals and vision for retirement will be taken into account while we design a strategy tailored to your UNIQUE SITUATION.
A non-resident Indian (NRI) is an Indian citizen or a person of Indian origin who stays abroad for employment, business or vocation outside India under circumstances indicating an uncertain duration.Even you might go out of country one day and become an NRI, so here’s a very short, to the point guide for NRI investments.
Steps required by NRI’s to start Investment.
1. Open a NRE/NRO account. You will require this account to fund money for your stock market transactions. Make sure you choose the account carefully, depending on your requirement (Repatriable/Non-Repatriable basis etc.).
2. Apply for a general approval for investment in Indian Stock Market through it’s designated Bank Branch, this is called PIS (Portfolio Investment Scheme).
3. Once you have a PAN card, you’ll have to open a Demat account a brokerage firm – you will require this for trading.
Asset allocation is a very important part of creating and balancing your investment portfolio. After all, it is one of the main factors that leads to your overall returns—even more than choosing individual stocks. Establishing an appropriate asset mix of stocks, bonds, cash, and real estate in your portfolio is a dynamic process. As such, the asset mix should reflect your goals at any point in time.
The advantage of tax planning is that you get to increase your personal wealth by saving on taxes. Incorporating tax planning into your financial strategy can lead to a more wealthy future. The main benefits of tax planning are that you can minimize your taxes and maximize your savings. Filing Income Tax returns at the end of financial years is challenging for most of the people. If you want to save on taxes and save yourself from unnecessary financial stress ,then it is important to check out all the instruments for tax - savings. In order to know how much you can actually save on taxes, it is important to understand the different income slabs. Based on their annual income, the tax payers are categorized in applicable Income Tax Slab. So, if you are really looking for a way to save on taxes, which eventually everyone does, then you can either, invest your money in markets and insurance or put them in saving instruments for future.
The insurance business is all about protection against unfortunate and unforeseen situations .Man proposes but many times God disposes. Not only protection of LIFE but also protect of properties, protection of businesses, etc., in fact against any kind of loss - materialistic or otherwise. Loss of lives naturally or accidently, loss of properties through theft, fire, floods, etc are all cases where insurance can be applied and we assist you to evaluate the risks involved in various situations and inform the best suitable insurance coverage for such risks TO MINIMISE YOUR MONETARY LOSSES. This service can include life settlement, life annuity, and more.
