Investing in equity mutual funds is the easiest way to increase one’s fund. I will guide you on why you MUST invest in equity mutual funds. The points are listed below. 1. You must have a proper Financial Goal I noticed that many investors simply invest in mutual funds just they have some surplus money. […]
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WHY YOU SHOULD AVOID INVESTING IN ULIPs (Endowment plan)
Understanding of ULIP in simple terms: ULIPs are unit-linked insurance plan. It is an endowment policy wherein the premium that you pay is made up of two components. One part is used to provide life insurance (Coverage/protection) Other bigger part is invested in equity, bonds or mutual funds. In this fund, the value will be […]