Finally finance ministry approved the plan Rajiv Gandhi Equity Saving Scheme (RGESS). The plan features are almost same as was announced during the budget session with few clarity on issues. Let us see it's features and benefits and is it really a innovative scheme for promoting equity … [Read more...] about Rajiv Gandhi Equity Saving Scheme (RGESS)-Really push equity investment?
Archives for September 2012
It is well known fact that diversification is a "mantra" used to reduce your portfolio risk. But sometimes it happen such that, without your notice you expose to over diversification. This over diversification may harm you in other way than what you risk of being non diversifying.To understand … [Read more...] about Is over diversification impacting your portfolio?
Usually their are few options investor will find ways to invest in mutual funds. Some of them are through adviser, directly (recently lot of changes and discussion is going on this issue), through your demat account, CAMS or through web portals. I am concentrating on investment of mutual funds … [Read more...] about FundsIndia-Invest in Mutual Funds with innovative options
Forgetting the password for your LIC log in page to pay LIC premium is common thing. Reason is you regularly not log in to this page as your premium will be either yearly or half yearly. So LIC created one more facility where you no need to register, instead directly you can pay online without any … [Read more...] about How to pay LIC premium online without registration?
Reverse Mortgage is the new type of loan scheme to cater to the old age people's last days needs. But few concerns still exist in Reverse Mortgage Loan scheme like-What if property value drastically drops? What if a person live even after 20 years of taking loan? (Maximum tenure in Reverse Mortgage … [Read more...] about Reverse Mortgage Loan enabled Annuity-How it works?
LIC declared it's bonus rate on 1st September 2012 for the year 2012. Let us see how much are they and compare with last 5 years bonus rates. Latest rates are available in my latest post "LIC's Bonus rates for 2013-14 and Comparison".Above Bonus rates for 2012 will be applicable for … [Read more...] about LIC’s Bonus rates for 2012-13 and comparison