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Axis Mutual Fund, A new paradigm of online investment

Axis Mutual Fund, A new paradigm of online investment [ad_1] The mutual fund (MF) industry has seen explosive growth in the last decade. According to the Association of Mutual Funds in India (AMFI) , Assets Under Management (AUM) of the MF industry in India stood at Rs 40.38 trillion in November, 2022 from Rs 7.93 trillion in 2012, a staggering ...

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How inflation cost influences investment planning

How inflation cost influences investment planning [ad_1] We often hear about investment opportunities offering double-digit market-beating returns that will create wealth and will guarantee a financially secure future and a dignified life. However, returns in themselves don’t signify much without the corresponding inflation figure. Inflation is the rate at which the cost of living grows. Another way to look at ...

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annual bonus: How to best utilise your annual bonus

annual bonus: How to best utilise your annual bonus [ad_1] Abhishek has a family of three and partly supports his mother too. He recently received a one-time bonus of Rs.10 lakh. He has an outstanding home loan of Rs.75 lakh repayable in the next 15 years. His EMI for the loan is Rs.60,000 and his monthly post-tax income is Rs.1.5 ...

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Which bank offers lowest personal loan interest rate

Which bank offers lowest personal loan interest rate [ad_1] A personal loan can help you meet your financial needs, and if used wisely, obtaining a personal loan can help to create a good credit score profile. A personal loan can be repaid via equated monthly installments (EMIs). Interest rates differ when it comes to personal loans, banks and NBFCs offer ...

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Sukanya Samriddhi Yojana interest rate: Was Sukanya Samriddhi Yojana interest rate hiked for Jan-March 2023 quarter?

Sukanya Samriddhi Yojana interest rate: Was Sukanya Samriddhi Yojana interest rate hiked for Jan-March 2023 quarter? [ad_1] The Government hiked interest rate on certain small savings schemes for the quarter January – March 2023. However interest rates for Public provident fund and Sunkanya Samriddhi Yojana were not hiked for this quarter. As of now, the interest rate offered on SSY ...

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Caravan tourism: Who is offering, cost of renting

Caravan tourism: Who is offering, cost of renting [ad_1] Vacation road trips are always fun, except for the hassle of booking multiple hotels and arranging cabs for every leg of the journey. Enter caravans that get rid of most of these worries. While camping and van-life are big in the West and Australia, they’re a nascent tourism segment in India ...

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Samvardhana Motherson: 4 reasons it is this week’s stock pick

Samvardhana Motherson: 4 reasons it is this week’s stock pick [ad_1] Automotive component manufacturing company Samvardhana Motherson reported the highest-ever quarterly revenue of Rs.18,261 crore in the second quarter of 2022-23, which grew 30% y-o-y. This was supported by a recovery in volumes from North America and Chinese markets, and product premiumisation. Also, the partial benefit of cost pass-through and ...

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