Recently LIC launched one more pension plan called Jeevan Shanti. However, what is the difference between LIC's Jeevan Shanti Vs Jeevan Akshay VI? Because both are LIC's pension plans. But meant for the different purpose. Hence, let us understand the differences.Before jumping into understanding … [Read more...]
Archives for October 2018
10.4% Manappuram Finance NCD Oct 2018 – Is it worth to invest?
10.4% Manappuram Finance NCD Oct 2018 will be open for subscription from 24th October 2018 to 22nd November 2018. These are secured NCDs. Hence, is it worth considering the interest rate it offers and the security?During such low-interest rate regime, if someone offering you 10.4% interest on … [Read more...]
XIRR in Mutual Funds – What is this and how to calculate?
What is XIRR in Mutual Funds? How to calculate it? Many of the Mutual Fund Investors might have come across the word XIRR. But for the majority of them, it is hard to digest of what it is. Hence, let us simplify it. What is CAGR? There is a huge misconception in understanding the difference … [Read more...]
Public Provident Fund Interest Rate 2018 and 50 Yrs History
What is the Public Provident Fund Interest Rate 2018? How often currently it is changing now? What is the historical interest rate of Public Provident Fund? How it affected you? Let us get answers to all these questions.Public Provident Fund or PPF is one of the preferred product for many … [Read more...]
9.7% Shriram Transport Finance NCD Oct 2018 – Who can invest?
9.7% Shriram Transport Finance NCD Oct 2018 will hit the market on 15th October 2018 to 29th October 2018 for a subscription. Is it worth to invest? Who can invest? What are the risks?There are series of NCDs coming up every month in the market. At the same time some negatives news also for few … [Read more...]
Sovereign Gold Bonds Issue FY 2018-19 Series II – Details, Feature & Review
The government launched Sovereign Gold Bonds Issue FY 2018-19 Series II. Bonds will be open for subscription from 15th October 2018 to 19th October 2018. The Bonds will be issued on 23rd October 2018. Let us see the eligibility, features and who can invest.This is the second tranche of the … [Read more...]
No Cost EMI from Amazon and Flipkart – How does it work?
Are you aware of No Cost EMI from Amazon and Flipkart? They claim that No Cost EMI is ZERO interest, ZERO down payment, and ZERO processing fee. How is it possible?However, as per the RBI notification (dated 17th September 2013), RBI prohibited financial institutes in offering ZERO percent … [Read more...]