It is hard to find a salaried person who would not be aware about the monthly deductions being made from their payslips towards the Provident Fund (PF) contributions. Though being made every month and month on month, not all people are aware of what are the benefits of PF and the associated regulations. The purpose […]
Author: Puneet Agarwal
Modes of Operating Bank account
Operating a bank account may sound very simple to you and possibly you may be wondering why I am trying to write a blog on modes of operating bank account. Well the motive is to reflect upon different ways you can open your bank account in order to control who can operate your account and […]
Mutual Fund Expense Ratios
One of the least known aspects around mutual funds are the charges levied by the fund houses and the motive of this article is to shed some light on the types of charges which a fund house levies. Broadly, there are two types of charges – Entry / Exit loads and Annual Recurring charges. […]
Changes to KYC (Know Your Customer) Norms w.e.f 1 January 2012 and How to Do KYC !
In a yet another attempt to streamline the KYC process across different financial intermediaries operating in India, SEBI has made a change to the existing KYC procedures (primarily used for mutual fund investments earlier) which is effective from 1 January 2012. What is KYC ? KYC stands for Know your Customer or alternatively Know Your […]
Importance of Nomination
There are two broad motives behind investing & taking life insurance – firstly enjoy the proceeds of investments while one is alive and secondly to leave your dependants a financial gift which would keep them going to meet their expenses and allow them to maintain a healthy standard of living. A person gets so much busy […]
Have a Healthy Post Retirement Income
The most thought and searched after topic for people approaching their retirement age is firstly how one would keep himself / herself busy post retirement and secondly, how would they financially sponsor themselves. The motive of this blog is rather to answer the second part – being financially independent post retirement and making your life […]
NRE Fixed Deposit – Should you invest in it ?
Multiple banks in India have started to offer interest on NRE fixed deposits – as high as 9.6% p.a. In order to appreciate this deal better, you first need to understand who can take advantage of this deal and what does NRE stands for. Basically for Non Resident Indians (NRI) there are three types of […]
Fixed Deposits – How to Benefit the Most Out of them.
You might think that an investment product as simple as a fixed deposit can not have any further options to explain. The purpose of this blog note is to exactly point out how you can reap maximum benefits from a fixed deposit by playing with its different options. As you may know, fixed deposit simply […]
How SIPs Work
You may have heard this from almost every relationship manager, wealth manager, mutual fund agents, etc that the best way to invest in these volatile times is via SIPs. I have come across a couple who couldn’t even let me know the full form of SIP but were very well chanting upon the benefits of […]
End of 2011 and a Hope in 2012 – Happy New Year
We have finally crossed year 2011 as well. If you look back in this year, the gossip mongers, news agencies did a wonderful job in scaring the * out of us in their attempt to appraise us of latest global news. At one time it was sounding to me if I could make through 2011 without a […]