IFCI (Industrial Finance Corporation of India) a Government of India undertaking which caters to the long-term finance needs of the industrial sector has come out with Rs 250 crore (with an option to retain over-subscription up to Rs. 790.81 crore) public issue of non-convertible debentures (NCD) offering up to 9.50% interest rate. IFCI Ltd. NCD […]
9.5% IFCI NCD – Jan/Feb 2015 – Should you Invest? Read More »
IRDA (Insurance Regulatory And Development Authority) has come out with its annual report on insurance for FY 2013-14. This report has a lot of information on Life and General Insurance like the total premium collected, settlement ratio, solvency ratio, Insurance penetration in India among other things. We have published the Death Claim Settlement ratio every
Life Insurance Death Claim Settlement Ratio for FY 2013-14 Read More »
In this post we cover the major Personal Finance news that happened in the week of January 12 – 25, 2015. 1. Mutual Funds to discontinue Dividend Reinvestment Plan for ELSS Mutual Fund AMCs have decided to discontinue with Dividend Reinvestment option for their ELSS (Equity Linked Saving Scheme), popularly known as Tax Saving Mutual
4 Personal Finance Changes in Week of January 12 – 25, 2015 Read More »
On May 6, 2014 Times of India had published an analysis stating “ONLY BUILDERS, BANKS GAIN WHEN YOU TAKE LOAN TO INVEST IN REALTY” and showed that investing in fixed deposit and recurring deposit is more beneficial than investing in real estate. This article was shared a lot many times on social media. I personally did not
Wrong Maths to Fool Investors! Read More »
You might know about Growth and Dividend option while investing in mutual fund but very few of us are aware of the “Bonus” option offered by mutual funds. In this post I have written about what bonus options of mutual funds mean and how it can be used to save taxes! What is Bonus option? We take example
Use Bonus Option of Mutual Funds to Save Tax Read More »
