Investing

What is systematic investment plan (SIP)

June 19, 2024 by author

Systematic Investment Plans (SIPs) provide a simple yet effective way for individuals to invest in mutual funds and build wealth over time. By investing regularly, taking advantage of rupee cost averaging, and benefiting from professional fund management, SIPs help you achieve your financial goals steadily and securely. Whether you’re a beginner or an experienced investor, SIPs offer a practical approach to growing your savings and preparing for the future.

What is Sovereign Gold Bonds (SGBs)

June 19, 2024June 18, 2024 by author

Sovereign Gold Bonds (SGBs) are issued by the Reserve Bank of India on behalf of the government, offering investors a unique opportunity to invest in gold without holding physical assets. Introduced in 2015, these bonds are denominated in grams of gold and come with an 8-year tenure, allowing investors to exit after the 5th year … Read more

What is NSC(national savings certificate), How is it beneficial for you?

June 12, 2024June 11, 2024 by author

NSC(national savings certificate), is investment scheme introduced by Government of India in 1989, for low income citizens of India, in which if you invest, you will get 21 lakh rupees in 5 years. Today’s blog is about very popular scheme of post office. You can open a joint account with another adult, invest in NSC(national … Read more