Freedom SIP by ICICI Prudential : Invest your way to financial freedom

For living a standard life & keep your savings safe forever even after Retirement starts investing in Freedom SIP by ICICI Prudential. Your active income ( Salary, Business or Professional Income) does not provide a guarantee of future returns. The savings (Passive Income) you make that's the passive income it is used at the time of emergency and never stays stable keeps decreasing. Freedom adds the benefits here. They will never [...]

By |2020-01-31T13:29:01+00:00January 29th, 2020|SIP|0 Comments

SIP vs. Recurring Deposit – Which one’s better?

SIP vs RD are two popular saving plans between retail investors, which helps the idea of long-term wealth creation. SIP is an investment plan in mutual funds and RD is a recurring deposit in banks. But still, they have many differentiations. To make reasonable decision investors should judge the differences between SIP and RD. In this article, we will discuss various factors of differentiation. Understanding SIP & RD SIP ( [...]

By |2020-02-01T10:42:53+00:00August 17th, 2019|SIP|0 Comments

Why SIP is the best way to invest in mutual funds?

Understanding SIP Systematic Investment Plan or SIP is a mode of investing money in mutual funds. The other way to invest in a lump sum or a one-time payment. In SIP, a fixed amount of money is invested in a mutual fund of your choice every month. The set up is such that the money is automatically debited from your bank account to know what amount of monthly SIP you [...]

By |2020-02-01T10:51:25+00:00July 31st, 2019|Investment, SIP|0 Comments

ELSS full form: Types and Comparison

The full form of ELSS ie Equity Linked Savings scheme. Among the different options that are available to save tax, one of the most likely is equity-linked savings schemes. ELSS are diversified equity mutual funds that invest the main part of your money in equity and equity-related securities. The fund manager watches for securities of companies that have strong growth potential and a flexible business model. ELSS funds give you [...]

By |2020-02-01T11:10:28+00:00July 9th, 2019|Equity Funds, Investment, SIP|0 Comments

myCAMS: A Complete Guidebook

Overview of myCAMS(Computer Age Management Service) myCAMS is Computer Age Management Service that was started in 1988. It was started as a mutual fund transfer agency. It was enabled through the IT-sector. And now over 2.5 million users use the company's platform to invest in mutual funds. Computer Age Management Services (CAMS) is a SEBI-Registered Registrar & Transfer (R&T) Agency. This CAMSonline offers users with technology-enabled services to process-related solutions [...]

By |2020-02-01T11:31:56+00:00July 4th, 2019|mutual funds, SIP|0 Comments