Wed, Apr 24, 2024
Retirement planning is important for everyone. It gives you financial freedom and helps you get a regular and steady income in the old age. It is good to start investing early if you want to build a significant retirement corpus. Being an early starter can give you an edge over someone who starts investing late.
More >
Mon, Apr 22, 2024
The advantage of SIP investment is that one can start a monthly investment with Rs 500. The investor can increase or decrease the SIP amount as per their income or investment capacity. They can also stop a SIP during financial crunches by informing the fund house, and they can restart that whenever they regain their investment power. SIP provides compound growth, so they can build a huge corpus if they stay in their investment for a long time.
Fri, Feb 23, 2024
Compound interest is the interest on interest that may accelerate your rate of investment return faster than normal interest. Fixed deposits, equity mutual funds, Public Provident Fund (PPF), and National Pension System (NPS) are some of the investment options that offer compound interest. With the power of compounding, your small investment can grow manifold in the long term; your one-year interest may become more than your total investment; and you may accumulate more corpus with a smaller investment in the long run than the one with a higher investment in the short term. Read how is it possible-
Mon, Dec 18, 2023
Compound interest makes your money grow faster. The longer the duration of the investment, the more compound interest you get.
Tue, Dec 05, 2023
A number of investment schemes, such as equity-linked mutual funds, equity-linked saving schemes (ELSS), Public Provident Fund (PPF), fixed deposits (FDs) and life insurance, offer compound interest. If one makes an investment for a long duration, they can get good compound interest on it.
Thu, Nov 30, 2023
Public provident fund (PPF), equity-linked mutual funds, equity-linked saving schemes (ELSS), life insurance savings plans, and fixed deposits are some of the investment schemes offering compound interest. The longer the investment duration, the more your money grows through compound interest.
Sun, Nov 12, 2023
If you invest as low as Rs 100 every day, you can easily accumulate more than Rs 1 crore in the long run. It may sound impossible, but it may become possible with the help of power of compounding.
Mon, Oct 16, 2023
Investment Funds: Opportunities are looking strong in the domestic market, 68% of India's generation is youth, the benefits of which will be seen in the times to come, watch a special discussion on this in Money Guru today.
Tue, Oct 10, 2023
Savings: PF is like a savings account, where you deposit money and can withdraw it when needed. But it is different from savings account. Because, there are some conditions for withdrawing money here. Know the tax responsibilities of the employee in this special offer of Money Guru.
Thu, Aug 24, 2023
Wealth Creation: If you want to become a millionaire, it is very important to understand the 'power of compounding', know which schemes give the benefit of compounding interest? How to make profit from quick investment? Watch today in Money Guru
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.