gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: PRI or Price Return Index was used by MFs to benchmark the performance of their schemes. SEBI has mandated that Total Return Index has to be used. This means the comparison will be against higher index returns. It is good for investors as there will be a proper comparison of returns. MF managers will have to work harder to generate alpha returns. There might be some practical li...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: We have provided a checklist of items to do each month of the year. It can be used to streamline your financial life and help you achieve your financial goals. The checklist includes creating a budget, managing changes in income, reviewing portfolio, filing taxes and efficient shopping at various points in the year. Following this checklist will facilitate keeping your finances ...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: We will be in the new year soon. Let us look at some of the mistakes to avoid in personal finance so that 2018 is Happy and Prosperous. The mistakes to avoid include wasteful spending, less savings and inappropriate investments, no emergency fund, not paying debt and assuming we will always have enough money. The year 2017 has flown past us. 2018 is just looming in the corner....

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Bitcoin is crypto currency. It is a form of electronic currency that can be bought or earned. It can be used in a few sites for transactions. It has gained quite a bit of following in this year. RBI does not consider it legal as it is risky to trade and transact using bitcoins. But the number of people getting into the bitcoin bandwagon is increasing by leaps and bounds. Bitco...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Niramaya is a health insurance scheme offered to persons with mental and/or physical disabilities. The benefit payable is a maximum of Rs. 1,00,000. It covers all kinds of treatments for disabilities. The forms are available online too for enrolment and claim processes making it easier to obtain the insurance cover.  Niramaya is a health insurance scheme introduced by the Indi...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: You can invest in markets abroad through Mutual Fund schemes in India that invest abroad. Investing in markets abroad gives your portfolio diversification and reduced risk. At the same time, there are risks of currency fluctuations and social and economic changes that affect investments in international markets. ​ There are many blue chip stocks listed in stock exchanges abroa...

gettingyourich.com
gettingyourich.com
Blog Post

All About UMANG

  • Executive Summary: UMANG comprises of a host of services that the government provides. All services are provided electronically so that the customers cam transact at ease and with convenience. Some services provided are EPFO services, PAN services, e-pathshala, and Passport seva etc. What is UMANG?UMANG stands for Unified Mobile Application for New-age Governance. It is developed by the Ministry...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: LIC Cancer Care Insurance plan no. 905 is an insurance policy for cancer- early stage and major stage. The premium is competitive and covers all kinds of cancer. The sum assured is comprehensive. But there is a long waiting period and has no family floater versions. Life Insurance Corporation(LIC) has launched a health insurance plan – LIC Cancer Care Insurance Plan no. 905.Ke...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Virtual Cards can be credit cards or prepaid cards. They can be used for online monetary transactions in India or globally. We compare the features of HDFC Bank NetSafe Card, Entropay Virtual Visa Card, Netc@rd by Kotak Mahindra Bank, Oxigen Wallet Prepaid Card and Virtual Card of Pockets By ICICI Bank here. Monetary transactions have changed significantly over the last few ye...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary:  It does happen that sometimes we are in urgent need of cash. It is either a medical urgency or unexpected payment of fees for one's child's extra classes or the purchase of a smart phone or an appliance. Rather than going to banks for personal loans or asking favours from friends and relatives, you can choose to borrow from organizations that serve these purposes. Rupee Lend, H...

gettingyourich.com
gettingyourich.com
Blog Post
  • Ayush Bhargava EXECUTIVE SUMMARY:  Diwali time is one of the most beautiful times of the year. This is the time one can also work on bringing financial principle’s on right track by making some changes in the financial habits like not taking experts help in choosing product, tying to time the market, checking portfolio every day, copying other’s portfolio style, etc. These habits can be very harmf...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Car Insurance is essential if you have a car. You should look at different criteria such as the insurance company, its performance in terms of settlement of claims, costs and customer feedback before deciding on a suitable motor insurance policy. It is mandatory to buy car insurance when you buy a new car. The insurance policy usually covers -Damage to an automobile/ automobil...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: EPFO has launched a new Composite Declaration Form (F-11) for automated transfer of EPF account and ease of partial and full withdrawal of funds. This helps employees to transfer the money from provident fund account of old employer to current employer. Earlier when you had to transfer your EPF account due to change in job, you had to fill one form and fill other forms when yo...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: You can maximise the benefits derived from investing in SIPs by linking them to investment goals, investing regularly, use some of the MF SIP corpus as an emergency fund and being patient in volatile markets. ​Systematic Investment Plans in MFs are a great way to invest regularly. They help in building a significant corpus over a period of time even if the regular investments ...

gettingyourich.com
gettingyourich.com
Blog Post
  • ​Executive Summary: SEBI has mandated to all financial institutions that MF investments have to linked to Aadhaar for all their investors by 31st December, 2017. CAMS and Karvy, the R&T agents that serve most of the MFs have made available different options of completing this procedure. We can complete the process online, via SMS or by physically submitting the form or sending it by courier to on...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: A wedding is an expensive affair these days. Therefore some insurance companies offer wedding insurance. In case of untoward events like illness, death or disasters that lead to cancellation or postponement of weddings, an insurance policy helps to ease the financial burden. But wedding insurance policies are expensive. They may not be always required. It depends on the individu...

gettingyourich.com
gettingyourich.com
Blog Post
  • Ayush Bhargava EXECUTIVE SUMMARY:  Payment bank in India is a new concept and out of 11 entities who got license to operate, 4 entities – Paytm, Airtel, India Post and Fino have started their operations with a target of covering more than 30% of population who do not hold any bank account but have access to mobile phone. This article covers the concept and facilities provided by these payment bank...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: LIC has launched a new plan – Jeevan Utkarsh Plan 846. It is a single premium policy, It is like an endowment plan that has a tenure of 12 years. It offers different settlement options. This policy is not a substitute for a term plan that provides comprehensive insurance cover. It provides modest returns on the premium and offers other features such as loan facility. LIC Jeeva...

gettingyourich.com
gettingyourich.com
Blog Post

Magic of Compounding

  • Executive Summary: Compounding is a powerful concept in creating wealth. It works on the idea that the returns on an investment gets included in the investment amount and the combined amount earns returns from the next earning period. It is best to start saving early and be consistent in your investments. I have read and heard about the magic of compounding. What is magical in it?All of us want ...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Alternative Investment Funds also known as AIFs are investment funds where investors' money is pooled in and invested in different avenues. Investments by savvy investors in AIFs are increasing in India. Investors find them attractive as the permissible investment amount is large, returns prospects are higher and they help in building a well-diversified portfolio. ​An Alterna...

gettingyourich.com
gettingyourich.com
Blog Post
  • Ayush Bhargava EXECUTIVE SUMMARY:  Mutual fund investment is getting popular day by day due to its transparency & other features. Safety of Capital, Guaranteed Returns and features like Diversification, beating inflation are some of the points with which investors are keeping high expectation. This article explains why it is wrong to invest just on the basis of false expectation.       Most of u...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: UTI MF has launched variations to two MF schemes – MIS Advantage Plan and Wealth Builder Fund to offer financial assistance to the elderly. One can invest in these schemes and set up a regular transfer of amount to one's parents' accounts. This is one way of providing financial security to retired senior citizens. The number of senior citizens in India is more than 100 million...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: There have been many layoffs in the IT sector and in startups. If one has lost a job, it is important to be calm and collected during this time and take a few steps to ensure that one does not derail the future. These steps include reviewing budget, updating skills and profile and building and reconnecting with a professional network. ​ Since the beginning of this year, many p...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Removal of securities for trading from the stock exchange is called delisting of shares. It can be voluntary wherein shareholders get their value back or compulsory where shareholders might not get back the full value. The names of delisted companies are available on the NSE and BSE websites. Transactions on to-be delisted or delisted shares do occur. But as a retail investor wh...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: The book 'Make Your Kid a Money Genius' written by Beth Kobliner is a nice insight into how to teach your children about financial concepts, sensible financial management and good money habits. It is applicable to parents of kids right from 3 years old to 23 years old. ​ It is important to educate your children about financial discipline even if you are not the best at managin...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Super senior citizens i.e. people aged 80 years and above have some benefits and concessions in different areas which will help them financially and also save them some time and effort. They have been provided certain tax benefits like higher deductions, investment benefits like higher interest rates and also concessions and facilities in other areas like documentation and trave...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: e-signature is a facility provided by the Government of India. Using this people can sign any document within the comforts of his home. e-signs are safe, secure and legally valid. He need not worry about it being stolen or storing and maintaining documents. 1) What is Aadhaar based e-signature?e-sign stands for electronic signature. It is used to sign a document electronically...

gettingyourich.com
gettingyourich.com
Blog Post
  • Executive Summary: Recently RBI has made some announcements regarding fraudulent transactions. The customer has to report the fraud within three days else the liability of the bank is limited in case the bank is not responsible for it. If the bank has been a participant to the fraud then it is fully liable. There are some guidelines set on responsibilities of bank and customer regarding to handle ...

Out-Market Your Competitors?

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account Log in

By signing up, you agree to the Terms of Service and Privacy Policy.

Out-Market Your Competitors

Get complete competitive insights on over 2.2 million companies to drive your marketing strategy.

Create Free Account

Already a user?  Log in

By signing up, you agree to the Terms of Service and Privacy Policy.