Navigating the maze of personal finance
When it comes to mutual funds, there are two main types – direct and regular. Both have advantages and disadvantages, so it’s important to understand their differences before investing. Direct mutual funds are a type of investment fund offered directly to investors by the fund company rather than through a broker or financial advisor. This … Read more
If you’re looking to make your first one crore rupees in the stock market, the 15-15-15 rule is a great place to start. This rule says you can amass a crore by investing only ₹ 15,000 a month for 15 years in a stock or mutual fund offering 15% annual returns. The rule uses the … Read more
My dear readers You must be wondering that till now I have mainly talked about insurance and products with fixed returns while maintaining a silence on mutual funds and stocks. I would like to justify my stand. I am not a financial advisor but a person who shares his experience with readers. All my blogs … Read more
There are two ways to invest in a mutual fund: invest with the fund house directly (using direct plans) or investing through an advisor, broker or distributor (using normal plans). The expense ratio of normal plans is higher than that of a direct plan since you go through an intermediary who is paid a commission … Read more