We reached the end of 2021 financial year. It is time to finalize and invest for tax planning. You have to invest before Mar 30 to get tax benefit. Do not invest all your money in LIC. LIC and FD is saving. The rich people invest whereas the middle class saves. Saving money will not make you rich. Investing will. ...
Mutual funds provide flexible investment option by allowing investing in SIP. There are 1000 of mutual funds available in market. In this, set of mutual funds are Tax saving mutual fund, also called Equity Linked Savings Scheme (ELSS. These funds are mutual fund schemes that invests in equity & equity related securities. Investment in ELSS mutual funds can be shown ...
Term Insurance is a pure protection insurance that offers financial protection to your family. It do not have any maturity benefits. It is same as car insurance and bike insurance. It would be beneficial only if case of accident or uncertainties of life. The coverage amount or the sum assured is paid to the nominee in case of death of ...
Mutual funds SIP is best tool for long term wealth creation. It is systematic investment option by investing monthly in equity market. Moreover Tax saving(ELSS) mutual funds offers investment and tax saving in income tax act 80C. ELSS mutual funds provide both the advantage of investment and tax saving. Along with these, ICICI offers no cost term insurance for certain ...