Healthy Wealth

What are mutual funds? How do mutual funds help to grow your wealth. (Why Mutual funds) Basic types of Mutual funds ELSS Direct and regular plans (with calculations)

Contingency fund You should always allot some safe liquid fund for the unfortunate and unexpected situations. Such situations can arise in any one’s life at any moment of time. Incidents such as hospitalisation of self or a dependent, sudden loss of employment, etc can struck at any time. We hope and plan for the best,…

Taxable incomes HRA Section 80C Section 80CCD Rental income LTCG

What is National Pension Scheme (NPS)? National Pension Scheme (NPS) is government-sponsored pension scheme, was launched in January 2004. It is voluntary and long term investment plan for retirement. The scheme was initially designed for government employees only, later it was opened up for all the citizens of India between the age of 18 to…

Income – Investment =Expenditure -Warren Buffet Private Equity Private equity is an investment fund that involves ownership of shares or equity in an entity that is not listed or traded.  Real estate investing Real estate investing has a broader concept that includes management, ownership, and purchase of property via sale or rent for gaining profit.…

It is never late to start saving for your retirement. But yes, it is advisable to start as early as possible. It is correctly said ‘Better late than never’. Retirement planning starts not with just investing money. The first thing to start with is calculating the required retirement corpus. Now this corpus is dependent on…

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