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How the December 1 guidelines affected your ULIP policies

A Unit Linked Insurance Plan (ULIP) can be purchased all throughout the year. Whether you purchase a ULIP plan early or late, you would receive the guaranteed benefits from your insurer. However, buying ULIP insurance from December 1 has relatively high benefits....

Guide to Choosing the Right Debt Mutual Funds

Whenever we hear the word mutual fund, the first thing to cross our mind is the stock market, equity, risk, etc. But have you ever thought of debt mutual funds? Debt mutual funds invest in corporate bonds, government securities, treasury bills, commercial paper and...

Do I have to pay tax on returns on investment in ELSS?

Who doesn’t want to save taxes? In fact, every year young professionals hope that the union budget raises the income slab for tax payment. Let us clear the air fellow readers, no one is listening! Well, the truth hurts but what shouldn’t hurt you is a smart...

Short Term v/s Long term: Which Debt Fund is Better?

Rajesh Giridhar, a 23-year-old engineering graduate, has just stepped foot in the corporate world by bagging a job. Excited about getting his first-ever salary, Rajesh plans to buy the adventure bike he always wanted. But the problem is, Rajesh’s monthly income...

Tips to Reduce Life Insurance Premium Without Affecting Coverage

Several people tend to avoid getting a life insurance policy as they consider it to be expensive. Paying a hefty premium regularly for a fixed period of time can be something not many want to opt for. But what if there was a way to reduce the insurance premium and...
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