Pension Fund Regulatory and Development Authority (PFRDA) has been established by the Government of India, Ministry of Finance on 10th October, 2003 to promote old ...

Financial Planning is the process of meeting one's life's goals through proper management of one's personal finances. Life goals could include buying a house, saving for child...

A mutual fund is a pool of money, which is collected from many investors and is invested by an asset management company to achieve some common objectives of the investors....

A debt instrument represents a contract whereby one party lends money to another on pre-determined terms about rate and periodicity of interest, repayment of principal amount...

Portfolio management is the art of managing different asset classes with the purpose of meeting the investor’s financial objective as per his risk appetite. Appropriate risk- ...

Taxes in India are of two types – Direct and Indirect. Taxes that cannot be collected from third parties and whose burden directly falls on the tax payer are called Direct Tax...

Exchange Traded Funds are essentially Index Funds that are listed and traded on exchanges like stocks. An ETF is a basket of stocks that reflects the composition of an Index,...

A scheme, which invests predominant portion of its fund in equity and equity related instruments, is known as an equity scheme. This kind of a scheme exhibits all the attribut...

The cost of medical treatment is rising as days are passing by. As the age of human being or family size increase, medical expenses tend to rise significantly. Without a suita...

Life Insurance Planning is planning for a situation when the individual on whom the family is dependent for fulfillment of their goals is not alive. In case of one's death,...

Apart from human capital, many other things need to be protected which include health, home contents, motor vehicles, etc. the three broad classification...

Retirement planning generally looks at answering three fundamental questions: Goal setting – How much does one need on retirement?, Contribution and time...