We all know that equity investment is for long term and we also know that this asset class will give best return when we stay invested for long term. But who will teach you when to enter and exit perfectly? Answer is DSP BlackRock Dynamic Asset Allocation Fund.For common investors one of the big … [Read more...] about DSP BlackRock Dynamic Asset Allocation Fund-Who can invest?
Archives for January 2014
Recently, one of my client's personal loan calculation was wrongly calculated by a nationalized bank. When he approached the bank then the bank was in no mood to hear his voice. When he raised the voice with Banking Ombudsman then it was resolved within few days. So what is a Banking … [Read more...] about What is Banking Ombudsman and how to approach?
Today EPFO trustees decided to offer higher interest rates for all EPF subscribers for the year 2013-14 than the previous year. They also came up with few new announcements.EPFO trustees decided to offer a 8.75 % interest rate to all subscribers for the year 2013-14, which is more than 0.25% to … [Read more...] about EPF (Employees’ Provident Fund) Interest rate for 2013-14
Today LIC relaunched it's one of the popular plan JEEVAN ANAND. As I said in my earlier posts, there is no such a major revamp. But only few changes to meet the new guidelines. Below are the features of New Jeevan Anand (No.815).What are the new changes?Maximum age at entry is … [Read more...] about LIC’s new plans 2014-New Jeevan Anand (No.815)
Today LIC launched it's one more revamped plan of old Bima Bachat (No.175). By looking at start of offering to now, it seems that there is not much difference to the old plans. But whether they are cheaper or not is the question, which we will come to know soon. Below is the feature of the … [Read more...] about LIC’s new plans 2014-New Bima Bachat (No.816)
Today LIC launched two new money back plans. One is New Moneyback Plan of 20 Yrs (No.820) and another is New Moneyback Plan of 25 Yrs (No.821). These two are the new versions of old plans Moneyback Plan 20 Yrs (No. 75) and Moneyback Plan 25 Yrs (No.93). Below are the features of the same.1) … [Read more...] about LIC’s new plans 2014-New Moneyback Plans (No.820 and No.821)