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“Kids and family should be my priority, not my personal investments. … “Women are not good with numbers” … “Investments and taxes are too complicated for women to understand” … You would hear people, including some women, repeat those lines over the years. This is despite the fact that women carefully follow their financial plans …
Term life insurance is a crucial step in ensuring the financial well-being of your family members when they can’t trust you. If the worst were to happen, it would be an emotionally frightening time for his family. However, the complaint procedure should be started as soon as possible. It is true that the claim process …
Many people have this habit of keeping track of their expenses. While not an uncommon habit, it has transformed avatars in recent years. People used to keep track of their spending on paper. But now there are hundreds of free apps that will do it automatically. Just search “Expense Tracker” in your phone’s app store …
There has been an improvement in gender diversity in mutual fund management, with the number of female fund managers increasing to 32 this year from 30 a year ago and 18 in 2017. According to the recently released Morningstar Women Fund Managers Report 2022, that number only dropped after the 2020 pandemic, when it fell …
The term “financial freedom” or “financial independence” can mean different things to different people. For some, this may mean having enough financial resources to cover their living expenses, while for others it may mean having enough money to meet their financial goals or life choices. Financial freedom can also mean reducing debt. Take these steps …
In a tweet on Jan. 13, Aashish P. Sommaiyaa, CEO of White Oak Capital, the latest addition to the mutual fund space, announced that the name had changed from YES Asset Management to Whiteoak Capital Asset Management. The change will take effect on January 12, 2022. Sommaiyaa also said that YES Mutual Fund will now …
Around Rs, 21,539 crore in unclaimed amount was in Life Insurance Corporation of India (LIC) at the end of September 2021, according to draft registration documents filed on Sunday. In FY21, the unclaimed amount was Rs 18,495.32 crore as compared to Rs 16,052.65 crore in FY 2020. In FY 2019, this amount was Rs 13,843, …
Earlier this month, HDFC Mutual Fund, the nation’s third-largest mutual fund company, announced the merger of six of its Fixed Maturity Plans (FMPs) into the HDFC Corporate Bond Fund. Elsewhere, and also in March, Aditya Birla Sun Life Mutual Fund announced the merger of 17 of its own MPFs into its short duration fund and …