Tracks all your investments, cash flow and assets, through LIVE price updates. Get a consolidated view of your multiple stock, mutual fund, ULIP or bullion transactions. Know your best and worst investments at a glance and much more...
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. Mutual Fund is the most suitable investment for the common man as it offers an opportunity to invest in a diversified, professionally managed basket of securities at a relatively low cost.
Insurance is a risk management tool. Insurance is bought in order to hedge against the possible risks of the future which may or may not take place. This is a mode of financially insuring that if such an incident occurs then the loss does not affect the present well-being of the person or the property insured. Thus, through insurance, a person buys security and protection.
Establish your goals in life – short, medium and long term Work out what assets and liabilities you have – write them down Evaluate your current financial position – how close are you to achieving your goals? Develop your plan – create a “route map” for achieving your different goals Implement your plan – make the changes and make it happen Monitor and review your plan at least yearly and make adjustments when needed