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Top 5 Best Home Insurance Plans 2018 in India

What is home insurance? Everyone dreams of having their own house. As they say the basic needs of life are Food, Clothing and Shelter. At the end of a day, after the hectic work life, all we do is going home. Thus, a home is a place, which provides the affection and harmony that one looks forward. Not only purchasing a house is vital but also protecting the physical goods and the equipment in the house against any loss from [...]

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Top 5 Best Health Insurance Plans 2018 in India 

What is health insurance? Health insurance is a type of an insurance which covers the whole or a part of the risk of a person incurring medical and surgical expenses. Depending on the type of health insurance coverage, either the insured pays costs from his/her hard-earned money and is then reimbursed, or the insurer makes payments directly to the provider. Thus getting health insured would be a financial aid during the medical emergency. It is important for everyone to get health insurance as it would [...]

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Top 5 Best Car Insurance Plans 2018

What is car insurance? Everyone dreams of having a car. It is a luxurious and a comfortable way of transport and now-a-days it is quite simple to buy a car in India. If you want to enjoy the major things in life, then a car purchase would be definitely on your bucket list. When you start driving a car, then you must also need to be insured. Accidents may happen, so it’s better to know that you’re covered financially for [...]

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Top 5 Best Equity Funds 2018 to invest in India

What are Equity Funds? Mutual funds are formally categorized by the asset class of investments they own. Some mutual funds only own stocks. Some mutual funds only own bonds. The former are called as equity funds and the latter are bond funds or fixed income funds. As the name ‘Equity’ itself suggests, these types of mutual funds invest in equity stocks of the companies. Since they invest in stocks, Equity funds are also known as stock funds. Since as an asset class, equity is considered [...]

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Top 5 Best Debt Funds 2018 to invest in India

What are Debt Funds? Mutual funds are formally categorized by the asset class of investments they own. Some mutual funds only own stocks. Some mutual funds only own bonds. The former are called as equity funds and the latter are bond funds or fixed income funds or debt funds. Debt funds are funds that invest in “debt instruments”, which include government securities, corporate bonds and money market instruments. Debt funds usually invest in fixed income instruments which may also offer capital appreciation. Debt funds also give capital [...]

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New Categorization of Mutual Funds

What is the new categorization of mutual funds in India? The market regulator SEBI has come up with a new system for mutual fund classification. The new system aims to bring uniformity among the schemes launched by different mutual fund houses, thus enhancing scheme comparison across mutual fund houses. Based on the classification, mutual funds will be forced to merge or change the fundamental characteristics of a particular scheme. This move might have both short and long term impacts on [...]

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Top 5 Best Balanced Funds 2018 to invest in India

What are Balanced Funds? Mutual funds are formally categorized by the asset class of investments they own. Some mutual funds only own stocks. Some mutual funds only own bonds. The former are called as equity funds and the latter are bond funds or fixed income funds. Some mutual funds own both stocks and bonds. Hence, these are called balanced funds. As the name suggests, these funds keep the balance between the two asset classes (both stocks and bonds) in a single fund. Due to the unpredictable stock markets, [...]

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Latest Income tax rates for individuals for FY2018-19

What are the latest income tax rates? This is the first question we ask before we start computing or income tax liability. And this is the time of the year when income tax fever is at its peak and everyone is wondering how they can can save some money. FinVizer presents to you all the information about latest income tax rates, to save your time, effort and money. A look at the basics first: What is income tax? An income tax [...]

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Has the Payment of gratuity amendment bill passed or not?

Has the Payment of gratuity amendment bill passed or not? Today we discuss about the question that is on everyone’s mind. And the answer is “Yes”, the Payment of gratuity amendment bill has been passed by the government today. And that is one big good news for all the employees and workers in the formal sector in India. Before we talk about the changes in the 2017 bill and what they mean to you, lets understand a few basic facts about Gratuity. What is [...]

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Types of Debt – Good Vs Bad

Being debt free is a goal few manage to achieve. Or at least quickly. You should think of debt as you would cholesterol. Just as there is good cholesterol and bad cholesterol, there are two types of debt – good debt and bad debt. It’s incredibly important that you can distinguish between the two and that you manage both wisely. We know it’s healthy to monitor our cholesterol levels, so too we should monitor our debt levels. Good debt builds [...]

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