ULIP is the abbreviated form of Unit Linked Savings Plan. It is an exclusive investment scheme allowing dual benefits of insurance and financial market-linked investment tools. When you purchase a ULIP, a part of your investment gets invested in insurance, while the remainder gets invested towards debt, equity, or hybrid funds based on your choice,…
In the past, borrowing money was a tedious process. People had to visit banks multiple times, fill out countless forms, and provide endless documentation to get an instant loan. The long wait for approval, combined with the stress of ensuring all paperwork was in order, made the process overwhelming. For many, securing an instant loan…
When it comes to choosing the life insurance plan, one size does not fit all, thus life insurance comes in a variety of types. While a term life insurance plan provides extensive coverage for set number of years, a whole life insurance plan serves two purposes: it pays a death benefit after your unfortunate demise…
In the evolving financial landscape, understanding the nuances of loan options and types can empower you to make informed decisions. One of the versatile loan options is a loan against property or a property loan. It is a secured loan that allows you to leverage your commercial or residential property to avail of funds to…
As Budget 2024 approaches, there is a growing expectation that the government will prioritise health insurance and preventive healthcare. The focus on health insurance plans for family and individual coverage has never been more critical, especially in the wake of the COVID-19 pandemic. This article explores the potential measures the government might take to enhance…
Investing in small cap funds can be an excellent way to diversify your portfolio and potentially earn significant returns. However, mastering the art of best small cap fund investments requires a comprehensive understanding of the market and the implementation of key strategies. In this article, we will explore the benefits of investing in small cap…
Your ideal portfolio is a variety of investments from the most risky to the most secure that you will need to get the total return over the period that you require. Stocks, bonds, and money or cash market instruments are also taken to make the mix. The amount you allocate for each depends on the…
There can be no better way to invest in mutual funds than through a Systematic Investment Plan (SIP) which is one of the most organized ways of investing in mutual funds. This article is to understand how one can invest in UTI Mutual Funds through SIP and how can one calculate future profits through the…
Why is it necessary to use an online term insurance calculator? What makes it an essential instrument while acquiring a term insurance policy? A term insurance calculator is a computerised tool that lets you calculate the premium you will need to pay for the insurance coverage you want. It streamlines the decision-making process and allows you to…
Anybody can experience uncertain financial difficulties at any time. Your finances could be so badly struck by an unexpected expense at the end of the month that you have very little saved. Unexpected financial requirements might cause tension and anxiety. However, with the correct attitude and concentrated efforts, any circumstance may be conquered. In this…