Here, will discuss the five things that you need to remember before going for a mutual fund top up SIPEdited highlights0:23 Here, will discuss the five things that you need to remember before going for a mutual fund top up SIP0:52 In top up mutual funds, regular investment amount increases periodica...
Here, we evaluate whether you should invest in the latest CPSE ETFFundooMoney Website: www.fundoomoney.comEdited highlights0:46 Before we get into the brasstacks, here is a primer on ETFs0:49 ETFs is all about investing in a index. The fund collects money from inevstors and invests in securities in ...
Here, we will discuss smart tips to prepare financially for time off work for reasons like doing a mid-career course or prepare for a new career.Edited highlights0:14 This video will discuss things that you need to do prepare yourself financially when you plan to take time off from work0:21 It could...
Here, we discuss what you need to know when you miss the income tax filing deadlineEdited highlightsHere, we discuss what you need to know when you miss the income tax filing deadlineNow, you will need to file your income tax return under Section 139(4)You will also need to pay a late fee for late f...
In this audio, we take up a viewer query on the relationship between diversified equity funds and multi-cap fundsEdited Highlights0:06 In this audio, we take up a viewer query on the relationship between diversified equity funds and multi-cap funds0:45 Raghu Nandan wants us to suggest diversified eq...
In this audio, we take up viewer questions on switching facility and LTCG tax besides evaluate a mutual fund portfolioEdited Highlights0:09 In this video, we take up viewer questions on switching facility and LTCG tax besides evaluate a mutual fund portfolio1:14 Vassudev C asks if long term capital ...
Here, we take up queries on arbitrage funds, ELSS, LTCG and sector fundsEdited highlights 0:26 Here, we take up queries on arbitrage funds, ELSS, LTCG and sector funds2:06 Sankz asks if an STP from an arbitrage fund will work better for a person in the highest tax slab than that from a debt fun...
We answer a viewer question on how income tax filing is done for long term capital gains from equity funds. Edited Highlights 1:35 Debkanta Paul writes to us that since long capital gains on equity funds is zero after one year, does one need to report in the filing of income tax return? 1:53 I...
Your daily personal finance dose on a day when the rupee, Sensex and Nifty fell sharply. ...
How the global markets reacted to the US Federal Reserve's decision and why despite jump in pharma stocks, Nifty and Sensex decline today....
Why stock markets across the world waited for the outcome of the US Federal Reserve meeting Today i.e. September 20....
Nifty closed at an all time high on a day when the global markets started increasingly on the decision by US Federal Reserve on Wednesday, September 20.Major points* The Sensex closed at 32,423.76 points, up by 151.15 points while Nifty closed at 10,150, or up by 67.50 points, a record high.* M...
We give our opinion on a viewer's mutual fund portfolio which has Reliance Small Cap, Birla Frontline Equity, DSP BR Opportunity and ICICI Balanced Fund.Edited Highlights1:04 Lokesh Kumar wants us to evaluate this mutual fund portfolio1:34 Lokesh has invested in Reliance Small Cap, Birla Sun Life Fr...
How gold exchange traded funds (ETFs) are taxed.Edited highlights0:40 How investments in gold ETFs or gold exchange traded funds, are taxed1:37 Gold ETFs are taxed as debt funds1:39 For investments less than 3 years, your capital gains get added to your income, and get taxed at your income tax rate1...
The impact of tax on fixed maturity plans (FMP)offered by mutual funds.Edited Highlights0:33 How are fixed maturity plans or FMPs, offered by mutual funds, taxed?2:34 FMPs are type of debt funds and thus, their taxation is the same as that of other debt funds2:48 FMPs typically invest in debt securi...
impact of tax on mutual fund investments, we discuss how short term debt funds are taxed.Edited Highlights0:29 How are short term debt funds taxed?2:28 This video is part of our series on the impact of taxes on investments in mutual funds2:56 People like to invest in short term debt funds when they ...
So, you have decided to buy a critical illness insurance plan but don’t know how to get started. Worry not. You can get started keeping these five important things in mind.Get a fix on the insurerYou can attach a critical illness rider to a new life insurance plan or could buy it as a standalone c...
Why release of loan growth data in India, GST implementation hiccups, US Federal Reserve's timing of interest rate hike and start of Brexit negotiations is likely to impact stock markets and stocks investors.Edited Highlights0:31 What can you expect in the stock markets next week?2:18 Loan growth fi...
Why stock market expert, Sunil Kewalramani, expects a significant market correction in Indian and global stock markets in the next 10 days. Why this is not a market for new investors to buy stocks and why you should book profits for stocks that have run their course.Edited Highlights1:32 UK had a hu...
Welcome to FundooMoney, your 24X7 buddy for all your money matters. A home loan rate cut is welcome news for all borrowers. In a moment, we will tell you the four things you must do besides celebrating when there is a cut in your home loan rate. Now, here are the four things you must do after a...
How will the UK general election, impact of US withdrawal from Paris Accord, economic data from US, industrial data from Indian and GST implementation news impact Indian stock markets in the week beginning June 5, 2017?Edited HighlightsUdayan Ray0:24 What are the most important factors that will dri...
Here is a guide on how to tap your various investments when you raise money for home down payment. Edited Highlights0:32 Which investments to use for your down payment?0:58 Which investments should you tap first, which later and which investments you shouldn’t even touch? These are all import...
Here is a podcast that handholds you on managing your family's finances when you suffer from a job loss.Edited highlights0:26 In this video, we will give you actionable advice on how to manage a situation of job loss0:53 A situation of job loss presents challenges to family finances1:01 The job loss...
Four common reasons why health insurance claims get rejected and what you need to do to ensure that you don't make the common mistakes made by policyholders.Edited highlights0:44 We discuss the typical reasons why health insurance claims get rejected1:10 A lot of times health insurance claims get re...
Here are handy tips from an expert on how to get started with the preparation for income tax filing even though the tax filing deadline is months away.Edited Highlights0:39 How to get a headstart in filing for income tax?2:26 Income tax filing is all about putting together the evidence of different ...
Major reasons why women, like men, need to have financial protection from life insurance coverage by buying life insurance policies.Edited highlights0:30 It is as important to buy life insurance for women as it is for men1:01 Women need to buy life insurance whenever they financial dependents to tak...
While negotiating for a tax efficient pay package with a prospective employer, you have the limited options of seeking HRA, medical allowance, conveyance allowance and leave travel allowance. Here's how to go about it.Edited highlights0:30 Is there a smart way of negotiating a tax efficient pay pack...
How self-employed, start up entrepreneurs, those with a large variable pay and many others with irregular income, can easily achieve every financial goal that the salaried do.Edited highlights0:36 This audio will provide tips for financial planning for those with irregular income and large amount of...
National Pension Scheme (NPS) helps you save tax and provides additional tax savings of Rs 50,000 under Section 80CCD over and above the regular tax deduction limit of Rs 1.5 lakh under Section 80C. Is that a reason enough for people to invest in it? The answer.Edited Highlights0:46 Should you inves...
Before you rush to make tax saving investments, find out how the returns and maturity proceeds of the tax saving investments are taxed. Compare them and avoid this common mistake made while investing to save tax.Edited Highlights0:52 Your tax saving investments can actually get taxed in other ways1:...
Include interest from FDs and savings accounts in your tax returns, no matter how less they are, when filing for income tax returns. Edited transcriptsUdayan Ray Welcome to FundooMoney web series on tax filing. We are discussing in various segments the various things that you need to know and d...
In this third, and concluding part of our series on Best ELSS 2017, we tell you why we like the tax saving mutual fund Franklin India Tax Shield.Edited highlights0:52 This is the final and third part of our series on Best ELSS 20170;56 In this video, we will talk about the third ELSS that we like1:3...
Many people save tax through tax saving make investments in the name of their children. Is that a great idea? Are there some important things that they need to keep in mind while making tax saving investments in the name of their children?Edited Highlights0:45 Should you be making tax saving investm...
You can choose between a fixed rate home loan and a floating rate home loan. Here is when you should opt for floating rate home loan.Hello and welcome to FundooMoney, your 24X7 buddy on all your money matters! Home loan providers provide fixed rate and floating rate home loans. Which type of home lo...
How do you invest a lump sum amount in tax saving investments at the fag end of a financial year? Here are some answers.Edited Highlights0:46 How do you invest a lump sum in tax saving investments at the end of a financial year?2:10 You can invest a lump sum amounts in ELSS2:13 Investing lump sum in...
How do you know that your mutual fund investments are performing well? Here are some tips to do it the right way and avoid common pitfalls like comparing performance with incorrect benchmarks.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters! When it comes to investin...
Tracking the progress of your mutual fund investment requires you to be well-informed about news and analysis directly or indirectly related to your investments. Important tips to be an informed investor.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters! In an era marked b...
Firm up car brand and modelThis is the first step in the search for the right car loan.Contact car dealer for the priceGet the quotes from as many dealers as you can Enquire about special finance schemes. Also, get details of lending institutions with which these dealers have tied up for speedy...
Marriage, birth of a child, taking a large loan like a home loan and pay hikes are four major life events when you should increase your life insurance coverage. Here's why.Hello and welcome to Fundoomoney, your 24X7 buddy for all your money matters! Your loved ones need to be financially secure at a...
Marriage, birth of a child, taking a large loan like a home loan and pay hikes are four major life events when you should increase your life insurance coverage. Here's why.Hello and welcome to Fundoomoney, your 24X7 buddy for all your money matters! Your loved ones need to be financially secure at a...
The major aspects other than tax saving, that you need to remember while buying a health insurance plan. Why you need look much beyond just saving tax when it comes to medical insurance.Edited Highlights 0:46 One of the most common mistakes that people make is to buy health insurance plans only...
Six reasons why women need to save more than men and why every woman needs to know about it to secure her financial future.Main Points:Women need to save more than men for the following reasons1. They live longer than menThe average life expectancy of women in India is about 70 years compared to 67 ...
What every one should know about Sahaj, the new one-page income tax filing form that will be used for filing income tax for the last financial year.Edited highlights0:29 What are the new features of the new tax filing form Sahaj?1:51 Sahaj is relevant for annual income levels of upto Rs 50 lakh1:57 ...
Loan against property (LAP) can be a great low cost alternative to expensive loans such as personal loans and credit card debt. Here's what you must know about them.Welcome to FundooMoney, your 24X7 buddy for all your money matters! It is not uncommon for some of us to get into a situation where we ...
Hello and welcome to Fundoomoney, your 24X7 buddy for all your money matters! Life insurance companies offer child plans to save for the future expenses of children, especially higher education. A variant of the child plans is children’s unit linked insurance plans (Ulips).They use your premiums t...
Every investment has risks attached to it. The eventual success of your investments depends to a great extent on how you manage these risks. One way of doing it is to put your money across different investment baskets. Here are 3 compelling reasons to adopt such an approach.All it takes is one misha...
Beware of three common marketing spiels of some financial advisors trying to hardsell unit linked insurance plans (Ulips) or even missell them.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. You are bound to come across financial advisors, life insurance brokers and ban...
With many tax saving investments available, what are the important things that make equity linked savings scheme (ELSS) investments made through systematic investment plan (SIP) more advantageous?Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. As some of us are aware th...
Smart and handy tips to ensure that your lump sum or windfall in the form of inheritance, refunds, stock option money and others provide you with a lifelong financial edge.Edited highlights0:28 We will tell you how to make large sum of money or a lump sum, last a life time and help you meet your nee...
Welcome to FundooMoney, your 24X7 buddy on all your money matters! The longer you take to repay your home loan, more interest you pay. That’s why it is always a smart idea to prepay it before the end of the home loan tenure. Wondering how to go about home loan prepayment? We will give you a five s...
How do you make your credit card reward points more meaningful by choosing the right credit card? A step-by-step approach.Welcome to FundooMoney, your 24X7 buddy for all your money matters. Your credit card may offer you major amount of reward points but those could be useless if they don’t transl...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! If you are one of those looking for actionable advice on how to get a credit card, you have reached the right place. In a moment, we will tell you the four things you need to do to compare various credit cards and spot the one that...
Having a bad credit score is not the end of the world for those who seek loans. You can actually improve your credit score and credit history. Here are tips for repairing your credit score and credit history.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters.Today, a good c...
Edited transcriptsUdayan Ray Hi there! Welcome to FundooMoney web series on tax filing. We are discussing various aspects that people need to keep in mind while filing taxes. Now, one of the things that weighs in the minds of people is when they have done a sales transaction i.e. sold a real es...
Edited transcriptsUdayan Ray Welcome to FundooMoney web series on tax fling. We are discussing various aspects people need to keep in mind while filing for taxes. In this particular segment, we intend to discuss various aspects that you need to keep in mind especially related to any sale of deb...
Before you surrender your unit linked insurance plans (Ulips) for underperformance, ensure that you have evaluated the performance appropriately. Here's how to do that.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Unit linked insurance plans (Ulips) are long-term inve...
The right way to find out if the performance of Ulips is on track. The right frequency of time for performance reviews, using the right benchmarks, and why taking into account return after accounting for Ulip costs, is important.Hello and welcome to FundooMoney, your 24X7 buddy for all your money ma...
Welcome to FundooMoney, your 24X7 buddy on all your money matters! By prepaying your home loan, you can free yourself from a substantial financial obligation and re-direct the money towards investments for major future needs be it child’s higher education or your retirement. But before you d...
How to get out of a situation where you can't honour loan obligations such as paying your loan EMI. Here are 5 tips to get out of what is called as debt trap and take charge of your finances.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. We have all heard about the wor...
Taking a loan against a fixed deposit (FD) can mean paying a much lower interest rate or loan rate compared to credit cards and personal loans. You can get them much quicker than personal loans. Here are 5 things you must know.Welcome to FundooMoney, your 24X7 buddy for all your money matters. You a...
There are still five important things that you need to do even after you have paid off the last car loan EMI. Don't forget to do them to make that car fully your own.Welcome to FundooMoney, your 24X7 buddy on all your money matters. Congratulations! You have paid the last car loan EMI. But you still...
The five essential steps to get the cheapest personal loan.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Whether it is emergencies, festival season or major family events like marriages, people reach out for personal loans. Since these loans are not backed by any coll...
4 important things to remember before you invest in an equity linked savings scheme (ELSS) through an systematic investment plan (SIP).Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Some of us are aware of the various advantages of systematic investment plans (SIPs) of...
How to secure your home with home insurance and also pay lower home insurance premiums. Here are 6 tips for paying lower home insurance premiums.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. You deploy your life’s savings in buying a home and then furnish it tastefu...
Seven essential things to know when taking a loan against shares to fund emergency expenses without liquidating blue chip shares.Welcome to FundooMoney, your 24X7 buddy for all your money matters! An emergency at home or any other urgent need for cash can have you scampering around. In such situatio...
MOHIT SATYANAND See, most of the time for a lay investor commodity prices is just noise. I think the exceptions are when you have dramatic spikes or dramatic falls. Now, dramatic falls matter a lot when you own shares in a commodity company. So, if for example, you own shares in a company that expor...
How does a stocks investor whether to invest in a rights issue announced by a company. Here is what they need to consider.Edited transcripts UDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. In this web series, we are discussing various things peopl...
Sovereign Gold Bond Scheme bypasses common problems with physical gold investments. Is it worthwhile to invest in them? Note-Interest rate for latest bond issue: 2.5% p.a. and 2.75% p.a. for previous issue.Gold has traditionally been one of the most preferred investment options for many people in In...
To make the most out of mutual fund investments, you need to monitor their performance regularly and do it in the right way, using the right benchmarks and peers for comparison. Here's how to go about it.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Return is the vita...
Taking a loan against a fixed deposit (FD) can mean paying a much lower interest rate or loan rate compared to credit cards and personal loans. You can get them much quicker than personal loans. Here are 5 things you must know.Welcome to FundooMoney, your 24X7 buddy for all your money matters. You a...
The steps you need to take rejig or rebalance your portfolio of your mutual fund investments.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Over a period of time, as we invest in mutual funds, we end up building mutual fund portfolios. Often, we need to rejig the mutua...
Pay lower auto insurance premium for your car with these 6 car insurance premium reducing tips.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. All of us need to buy car insurance by law and of course we need to renew our auto insurance coverage every year. Many of us ke...
Home loan tenure is as important as the home loan rate. How to choose the right home loan tenure so you pay the minimum possible home loan interest during the term of the housing loan.Hello and welcome to FundooMoney, your 24X7 buddy on all your money matters! Here is a piece of interesting statisti...
Equity linked savings scheme (ELSS) is not only a tax saving investment but also helps in saving ample amounts for retirement. Here's how people on their first job can kickstart retirement savings with ELSS.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Many of us are ...
The five essential steps to get the cheapest personal loan.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Whether it is emergencies, festival season or major family events like marriages, people reach out for personal loans. Since these loans are not backed by any coll...
You can get loans cheaper than a personal loan. Here are four such loans.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Personal loan is an unsecured loan with no collateral backing the loan to guard against repayment default. That is the reason they come with high int...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! A great discount offer on a big ticket purchase like a gadget or other times when you clock a big bill with payments through a credit card, might make it difficult for you to clear the outstanding balance at one go. Of course, you c...
With mutual fund investments made over time, you can create a portfolio of investments for retirement. But how do you create a mutual fund portfolio for retirement? Here's a primer.Welcome to FundooMoney, your 24X7 buddy for all your money matters! Mutual funds, especially equity funds which invest ...
Before you surrender an unit linked insurance plan (Ulip) you need to be aware of the tax implications for you from this tax saving investment.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Unit linked insurance plans (Ulips) offered by life insurance companies are fin...
Single premium Ulips are often recommended by some financial advisors when it comes to investing lump sums, be it early retirement and VRS proceeds, windfalls and even parts of inheritance. 3 things you must know before buying one.Hello and welcome to FundooMoney, your 24X7 buddy for all your money ...
How double income families can use ELSS to save tax and grow their money through this tax saving investment for future needs like child's higher education and retirement.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. You might be the subject of envy of some of your fri...
Personal loan interest rates may vary according to individual financial and other conditions. Get an idea about these factors to have a better chance of getting the best personal loan rate.Hello and welcome to FundooMoney, your 24X7 buddy for all your money matters. Many of us are aware of the high ...
Welcome to FundooMoney, your 24X7 buddy for all your money matters. There might be many reasons for you to do a balance transfer of your credit card. When do you do it and how do you do it smartly? We will discuss them in just a moment.Here is how you can make the most of the balance transfer facili...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! Life insurance companies offer child plans to save for the future expenses of children, especially higher education.A variant of the child plans is children’s unit linked insurance plans (Ulips).They use your premiums to provide l...
UDAYAN RAY: Mohit, companies have to raise money. They can either do it through fresh issue of shares or through some kind of a loan or debt. Finance students would call this the capital structure. When a company says that it is raising debt, what should the investor be looking at?MOHIT SATYANAND: I...
Edited transcriptsUDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. In this particular web series we are discussing various things you need to keep in mind while investing in stocks. In this particular segment, we will try to decode an oft used term that...
UDAYAN RAY Welcome to FundooMoney, your 24X7 buddy on all matters related to personal finance. In this web series we are discussing various aspects an investor needs to keep in mind while investing in stocks. In a moment we will start discussing the various things a person needs to look at in a comp...
Edited transcript MOHIT SATYANAND: Rising tide lifts all boats. Everybody loves growing economies and with good reason. Because companies grow, economies grow. When economies grow, companies grow. And growing economies can mask a lot of temporary inefficiencies in a company. If companies are ba...
UDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. In this web series, we are discussing various things you need to keep in mind while investing in stocks. That’s right we’re talking about stock market investing, but there are no tips here. There are ...
Edited transcripts UDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. In this particular web series, we are discussing various things people need to keep in mind while investing in stocks. That’s right, stocks. And these are not tips to make you ge...
UDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. In this particular web series, we are discussing various things people need to keep in mind while investing in stocks. That’s right, stocks. And these are not tips to make you get rich quickly. This par...
If present home loan EMI is a major financial burden for you, it's time for a home loan balance transfer. Shift your home loan to another lending institution through a home loan balance transfer. Some key things to keep in mindWelcome to FundooMoney, your 24X7 buddy on all your money matters. Banks ...
Money back plans, a type of life insurance policy providing life insurance with investment and offered by life insurance companies explained in less than a minute. Money back plans are similar to endowment plans but you get your money (sum assured) back at specified intervals during the policy ...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! Life insurance companies offer child plans to save for the future expenses of children, especially higher education.A variant of the child plans is children’s unit linked insurance plans (Ulips).They use your premiums to provide l...
Edited transcripts Udayan Ray Welcome to FundooMoney web series on tax filing. We are discussing various aspects people need to keep in mind while filing taxes. In this particular segment, we are going to talk about the kind of treatment and the kind of things you need to do if you made so...
Edited transcripts Udayan Ray Welcome to FundooMoney web series on tax filing. We are discussing various aspects people need to keep in mind while filing for taxes. One of the things one needs to discuss is about losses. Nobody wants to make losses but you do end up making losses. In ...
When you prepay your home loan, it has obvious implications on the tax deductions you get for principal repayment and interest payment. Here is what happens on home loan prepayment.Lower tax deduction for principal repaymentYou get annual tax deductions of upto Rs 1.5 lakh for principal repayment un...
Equity linked savings schemes (ELSS), offered by mutual funds, don't just save tax but also allow you to use their high growth potential to save for the higher education of your child. How to get your child education plan started.Hello and welcome to FundooMoney, your 24X7 buddy for all your money m...
Hello and welcome to Fundoomoney, your 24X7 buddy for all your money matters! Life insurance companies offer child plans to save for the future expenses of children, especially higher education. Now, many of us typically buy child plans from financial advisors or relationship managers in banks. Not ...
Welcome to FundooMoney, your 24X7 buddy on all your money matters. Banks and other financial institutions keep sending you mails and make phone calls about lower home loan rates for your home loan. The question is, should you refinance your home loan? We provide the answers but in just a while.Who d...
It is common for existing property owners to go for re-development of their existing properties than buy property. But they need to keep in mind these three things.The trend of redevelopment of independent houses, especially in established localities in major urban centres, is quite common. In most ...
Edited transcriptUDAYAN RAY How does a regular investor figure the impact of inflation?MOHIT SATYANAND You know before answering that question I am going to answer another question, which is: to what extent should an investor look at inflation in terms of managing his overall net worth?And I think t...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! Like life insurance companies, some mutual funds also provide children’s plans which aim at helping investor save for their children’s future needs such as higher education. An investor wanting to consider them needs to know fou...
Hello and welcome to Fundoomoney, your 24X7 buddy for all your money matters! Life insurance companies offer child plans to help save for the future expenses of children, especially higher education. A variant of the child plans is children’s unit linked insurance plans (Ulips). They use your prem...
Welcome to FundooMoney, your 24X7 buddy for all your money matters. Like life insurance companies, some mutual funds also provide retirement plans which aim at helping investor save for their retirement. An investor wanting to consider them needs to know four important things about them. Here, we wi...
Unlike buying a term life insurance plan from a financial advisor where he helps you, you are on your own when you buy it online. Here are four things you need to remember when buying a term plan online.Compare the plans and costCompare the features of term plans from different companies or compare ...
Tax deduction available under Section 80CFind out tax deduction available for equity linked savings scheme (ELSS) investments, out of annual limit of Rs 1.5 lakh under Section 80 C. Provident fund contributions and existing tax-saving investments like Public Provident Fund (PPF) and life insurance p...
Welcome to FundooMoney, your 24X7 buddy for all your money matters. Life insurance companies offer child plans to save for the future expenses of children, especially higher education. A variant of the child plans is children’s unit linked insurance plans (Ulips).They use your premiums to provide ...
Investments not earmarked for major needs Investors often don’t consider major needs, like financing their child’s higher education, when buying mutual fund equity linked savings schemes (ELSS). This limits their future utility. You must identify important goals that require large sav...
Unlike buying an unit linked life insurance plan (Ulip) from a financial advisor where he helps you, you are on your own when you buy it online. Here are three things you need to remember when buying an Ulip online.Calculate the regular investment amountMajor long term needs, for which Ulips should ...
When you attach riders to a term plan, you get additional insurance coverage for risks that your family faces other than the risks to your life. Only life cover may not be enough after an accident In case you are involved in a major accident, your family is hit by a double whammy. Your inc...
Many investors get confused about making a choice among mutual fund growth, dividend and dividend re-investment options. Here is how to make the right choice.Welcome to FundooMoney, your 24X7 buddy for all your money matters! One of the major areas of confusion for many investors of mutual funds is ...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! Shortly, we will give you 5 smart tips to get the best housing loan for yourself so that you can soon walk into your own new home. Stay tuned.Shortlist Few Lenders with Lowest Rates Select 3 lenders offering the lowest home loa...
Edited transcripts UDAYAN RAY What do you make out of dividend announcements. There are a lot of people who keep hunting for regular dividend paying stocks. What do they need to keep in mind? That’s coming up shortly.Well who doesn’t mind a dividend announcement or a dividend coming alon...
It protects your family till you save enoughTill you save enough, your family remains financially vulnerable in your absence. Your family might find it difficult to meet regular expenses and important future needs like child’s higher education. Term plan provides the adequate protection your famil...
Hi! Welcome to FundooMoney, your 24 X 7 buddy in all matters related to personal finance. Towards the end of every financial year, insurance companies providing health insurance plans, go on the overdrive advertising their plans. In this noise and information overload, how do you pick the best plan ...
Welcome to FundooMoney, your 24X7 buddy for all your money matters. Some of us might be aware that health insurance premiums are eligible for tax deduction under Section 80D of the Income Tax Act, 1961. But what are the actual tax deductions one can avail of? We will discuss them in just a little wh...
When you are about to buy unit linked insurance plans (Ulips) from life insurance companies for your child’s higher education and marriage, don’t forget to take these 4 steps.Account for inflationA higher education course costing Rs 10 lakh today will cost Rs 24 lakh in 15 year...
1. Section 80C deduction The tax benefits you get from life insurance provided by a life insurance policy from one of the life insurance companies.Life insurance premium upto a maximum of Rs 1.5 lakh annually is eligible for tax deduction provided the sum assured or the life insurance amount is at l...
Many people buy life insurance plans from financial advisors. Here are 4 questions that they must ask them about a plan before buying it.What is the life insurance coverage?Get your advisor to calculate the life insurance amount your family needs. Then, find out whether the plan provides the r...
When buying tax saving mutual funds like equity linked savings schemes, ELSS, during the tax saving investment season, keep in mind the following four important factors. Risks associated with ELSSTax saving equity linked saving schemes (ELSS) invest in the stock market and are subject to stock...
Hybrid or balanced funds typically invest in a combination of investments categories such as large- , mid-, small-cap stocks and debt securities. Greater diversification reduces the higher risks from only investing in equity investments. At the same time, it betters the returns typically provided by...
If you die within the policy term, your nominee gets the sum assured or the life insurance amount, and some return. You get the corpus you have saved if you survive the term. There are two types of endowment plans: without-profit and with profit plans.Without-profit endowment plansWithout-profit end...
Term plan, a type of life insurance policy provided by life insurance companies explained in brief. Term plans are life insurance plans that just cover the risk of demise during the term of the policy. On death, the nominee gets the “sum assured” i.e. the amount of life insurance. If you survive...
What every investor should know about liquid funds offered by mutual funds. If you want to invest for less than one year, invest in liquid mutual funds. They invest your money in debt investments which are very near to their maturity. As a result they generate steady returns and are very likel...
Unit linked insurance plan (Ulip), a type of life insurance policy offered by life insurance companies combining life insurance with investment, explained in less than a minute.Unit linked insurance plans (Ulips) are primarily investment plans which also provide life insurance. Ulips are flexible in...
Whole life insurance plan, a type of life insurance policy, provided by life insurance companies, explained in less than a minute. Unlike most life insurance plans that provide life insurance coverage for a period of time or a term, a whole life plan covers you for your entire life. In whole l...
UDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. In this web series, we are discussing various things that you need to keep in mind while investing in stocks. This video will try and help you understand and become a smart investor. Now, in this particul...
Mutual funds offer growth and dividend options for investments in them. When do you choose the growth option? A brief guide to mutual fund growth optionWelcome to FundooMoney, your 24X7 buddy for all your money matters! When you invest in mutual funds, you need to choose between dividend or growth o...
Edited transcriptsUDAYAN RAY Well, interest rates are not just important for fixed deposits (FD) which you would probably invest in a bank fixed deposit or any other company fixed deposits, or your loans. They actually impact your stock market investments as well. How? Well, to give you the answer w...
Edited transcriptsUDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance. Now in this segment we will be discussing some of the critical things an investor needs to look at when the person is assessing how well a stock is going to do in the future. Now t...
Edited transcriptsUDAYAN RAY Welcome to Fundoo Money, your 24X7 buddy on all matters related to personal finance! In this particular web series, we are dealing with all the major things that an investor needs to take into account while investing in stocks. Now, in this particular segment, we are goi...
Why PE or price earnings ratio is such an important indicator of a stock for a stock market investor? What is it and how to decode it.Edited transcripts UDAYAN RAY In this particular segment we will be talking about trying to demystify one of the terms that is used very, very often. That’s t...
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