It is good suggestion what you will get from your planners to invest in mutual funds to reduce your risk, diversify your portfolio which will not be possible with direct equity investment. But have you ever looked the sector wise risk or stock wise risk your funds posing? Are you able to sustain … [Read more...] about Mutual Funds-Are you really diversifying your investments?
Archives for August 2012
Recently RBI modified it's earlier circular about "no-frill" savings account to offer common minimum services to customers. So first let us understand what is meant by "no-frill account". No-frill accounts are mainly aimed at providing banking service to all but with minimum basic facilities. To … [Read more...] about Basic Savings Bank Deposit Account-New version of no-frill account
Today we will look for the reason behind mutual funds fund managers eagerness in investing in liquid stocks. It is interesting back end process which I thought to share with you.First let us understand what is liquid stocks? In simple terms to say, liquid stocks are the stocks which have more … [Read more...] about Why Mutual Funds always invest in liquid stocks?
Health concerns start as person get older. During younger age normally you will not face any major health issues and mostly your employer will take care of your health insurance part. So it is important to have health cover during your retirement period. Apollo Munich recently launched new plan … [Read more...] about Senior citizen health insurance-Apollo Munich’s “Optima Senior”
Insurance is the long term contract you enter with Insurance Company. But during that period you may face few service related problems from Insurance Companies. Those may be like-not received your policy, dispute regarding premium paid or payable, delay in claim settlement, claim rejection, or … [Read more...] about How to complain against Insurance Company?
Whenever you meet any insurance agent he will show you plan presentation with returns %. But have you gone through how actually he calculate returns? I think not many. So in today's post let us see ways of manipulation of returns by few agents :)1) Bonus Rates-This applies to traditional plans. … [Read more...] about Life Insurance-How your agent may manipulate returns?