As youngsters, we turn to our parents when it comes to seeking advice, be it in deciding the course we want to pursue, the college we want to join, the company that we want to join, etc. Apart from the emotional attachment angle, what drives our behavior is the trust our parents have from us…
Diwali is a time of celebration. The scale of the celebration is directly co-related to the sentiment of the consumers. According to 2014 Annual Diwali consumer spending survey, overall consumer confidence has increased from last year. This is reflected in the increase in spending across all age brackets and income levels. Spending Analysis In 2014,…
With the change in investment pattern of the modern day investors, mutual fund investments have proven to be the most efficient and convenient sources of investing. They provide multiple options of investing and they provide exposure to multiple markets at one go. Through mutual funds one can invest in Stock Markets, Real Estate, Bonds, Debentures,…
Every year September to December is considered to be the much awaited festive season. Starting with Gandhi Jayanthi as a holiday to Dasera, leading to Bakri Id, Diwali & Christmas. Every industry gears up for the festive season with their best products and offers to take advantage of the festive fervor. It can be new…
It was a proud moment for every Indian when ISRO’s MOM entered the Martian Orbit yesterday. The entire nation united like never before in joining hands for the outstanding effort by the silent superstars of ISRO. As MOM beamed its first images down to ISRO’s computers, it signified a momentous occasion for not only for…
Financial Markets are abuzz nowadays with new FMPs (Fixed Maturity Plans) being flooded by Mutual Fund companies. These would be in addition to the numerous FMPs which already exist. Let us take a look at FMP as an Investment Option. FMP’s were used as a Tax saving and higher return-generating investment option by investors who…
India’s GDP grew by 4.7 per cent in the financial year 2013-14, lowest in the last decade. It seems the 2008 recession still looms large on our daily lives. While a common man cannot do much about macroeconomic indicators, it is time to revisit, learn and imbibe timeless personal finance lessons from the maestro to…
Tax planning is one of the most important aspects of personal finance. People often fail to look at tax planning objectively and straight away start with making investments related to tax saving. Most of the people try and mix tax planning and investment planning which are totally different and are made with varying objective.Insurance for…
Mr. Horace Mann said ‘There is nothing as costly as ignorance’. We follow an age old habit of ignoring the consequences of an emergency in our life. The practice of maintaining emergency fund is not in the highest priority list amongst the most of the professionals. ArthaYantra conducted a research on 2000+ working professionals across…
A lot has been spoken regarding the investment in Money Market / Ultra Short Debt Mutual Funds in the past. These mutual funds were suggested in place of fixed deposits because they can be liquidated any time and they don’t have any lock in period. Majority of the money market funds don’t have exit load…