PF Claim Status – Check your EPF Claim Status Online

Employees' Provident Fund

PF Claim Status – Check your EPF Claim Status Online

In this article, we explain the procedure to verify your PF claim status or check EPF claim status through various methods like EPF website, missed call and SMS. Before we get into details, first a review of fundamentals. What is EPF or PF? Employees Provident Fund (EPF or PF) is social security and savings scheme for employee in India. Employers engaged in certain industries and engaging 20 or more employees are required to enroll all employee under PF on the Unified [...]

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Is it safe invest in defaulter companies referred to NCLT?

What is NCLT? The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates insolvency and winding up of Indian companies.The NCLT was established under the Companies Act 2013 and was constituted on 1 June 2016 by the Government of India. What does NCLT do? NCLT determines the fate of defaulted companies which are unable to fulfill their financial liabilities to any kind of operational or financial creditor. In simple terms, if a company owes you money and has [...]

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What is the meaning of Beneficial Nominee in Life Insurance?

What is the concept of Beneficial Nominee? A beneficial nominee is someone who will get the sum assured on the death of the policy holder. Insurance company will now pay ONLY to the beneficial nominee, independent of the claims of other legal heirs. Legal heirs will no longer have any claim on the amount of the death benefit. The rules for nomination in life insurance have changed for insurance policies maturing after March 2015. This change was brought about through the [...]

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Top 5 Best Home Insurance Plans 2018 in India

In this article, we review the Best Home Insurance Plans 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 [...]

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Top 5 Best Health Insurance Plans 2018 in India 

What is health insurance? What is the benefit of best health insurance plans? 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 critical financial aid during the medical emergency. It is [...]

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Top 5 Best Car Insurance Plans 2018

What is car insurance? What are the Best Car Insurance Plans in India? 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 have one of the best car [...]

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Top 5 Best Equity Funds 2018 to invest in India

In this article we discuss equity mutual funds and how to to identify the best equity funds. What are Equity Funds? How to identify best 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 [...]

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Top 5 Best Debt Funds 2018 to invest in India

In this article, we discuss which are the Best Debt Funds in India. First, a quick review of debt funds. What are 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 appreciation and Regular Income. Mutual funds are formally categorized by the asset class of investments they own. Some mutual funds only own stocks. [...]

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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 categorization of mutual funds. The new categorization of mutual funds 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 new categorization of mutual funds, they will be forced to merge or change the fundamental characteristics of a particular scheme. This move might have both short [...]

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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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