Investment planning: How to invest Rs 20 lakh for 5-7 years for steady returns ?
I inherited Rs 20 lakh and want to invest it conservatively for 5-7 years, prioritising capital safety and stable returns. I’m cautious about risks and prefer not to use fixed deposits. Could you suggest mutual funds that offer steady growth with limited volatility? Rushabh Desai Founder, Rupee With Rushabh Investment Services: For capital preservation with […]
The anatomy of falling bank deposits—and how to arrest it
As India’s economy grows, the banking sector faces a pressing question: is the sluggish growth in Current Accounts & Savings Accounts (CASA) and deposits just a temporary dip, or the beginning of a deeper, long-term trend? With the country’s credit demand rising, the slowdown raises red flags for profitability and financial stability. Read this | […]
Mutual Funds: How to build wealth through systematic investment plans in 2024?
For long-term wealth creation in India, investing in mutual funds through SIPs (Systematic Investment Plans) has become one of the most prevalent and successful strategies. SIPs give investors the ability to systematically accumulate wealth by allowing them to invest a certain amount into the mutual funds of their choice at frequent intervals, usually every month. […]
New Year 2024: How to level up financial knowledge with the rule of 72?
As the new year unfolds, our aspirations centre around witnessing the growth of our finances. There’s an unparalleled satisfaction in realizing your financial objectives, particularly after dedicated periods of investment. The ongoing fluctuations in the market have spurred numerous individuals to delve into the intricacies of personal finance. Simple calculations, such as formula 72, have […]