Financ Team
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Popular
Complete Guide on MIP / Monthly Income Plan
Are you seeking some sort of financial instrument that can give you decent income at low or moderate risk? Or, do you want to park that surplus cash somewhere in a hope of receiving greater returns than an FD could provide? Yes! Then, let me take you to the world of MIP. Contrary to what […]
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Complete Guide on Service Tax
Service tax is a tax payable on services provided by the service provider. Similar to excise obligation, which is payable on goods fabricated, service tax is payable on the services provided. Service tax is payable by the provider of the service to the Government of India. The service provider can, however, collect this tax from […]
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Warren Buffett’s 10 Ways to Get Rich
Warren Buffett is known as the richest man in the entire world with a projected fortune of $62 billion. Buffett who started earlier in 1962 with buying shares is now Berkshire’s chairman and CEO and one share of the company’s Class A stock is worth close to $119,000 (versus $7.50 in 1962). He credits his […]
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Complete Guide on SIP
Any investment made by us is intended to help us wade through the critical times. There can be situations like medical emergencies when investments are your ray of hope. The unpredictable global economy makes it even more necessary to look forward to diverse investment options provided by banks and other focused mediums. Systematic Investment Plan […]
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Complete Guide on Real Estate Investment Trust (REIT)
Real Estate Investment Trust (REIT) is a company or a special purpose vehicle (SPV) that owns or in most cases finances income producing real estate properties. Much like the mutual funds, REIT provides investors with regular income and diversification. A REIT collects money from the investors and invests the same in commercial real estate. It […]
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How to check your CIBIL Score
CIBIL score is a mathematical term that indicates your creditworthiness based on your credit history. It includes details of credit or loans that you acquired during the past years. The score represents the amount of credit taken, how much you paid back and even shows if you have defaulted on any payments. Credit score is […]
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How to Improve your CIBIL Score
CIBIL or CREDIT INFORMATION BUREAU (INDIA) LIMITED – India’s first credit information company (founded in August 2000) collects and maintains records of individual’s loans and credit cards. These records are put forward on a monthly basis to CIBIL by its associate banks and credit institutions. The information collected by these associates are exercised to generate […]
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CIBIL Report
What is CIBIL report? CIBIL stands for Credit Information Bureau India Ltd., which serves as the main storehouse of credit information in the country. Over 500 banks and financial institutions report the actions of their customers to CIBIL. The bureau provides credit reports called CIR (Credit Information Report) to people and companies. This report contains […]
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How to invest in Mutual Funds
Some years ago, investing in mutual fund required you to call an agent and invest through him. A form was filled and you obliged with few signatures. This sort of convenience came at a price that agents charged in the form of their commissions. However, with amazing technological advances, the process has changed now. Moreover, […]
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Types of Mutual Funds
As a novice investor, it might seem an uphill task to settle on the perfect type of mutual fund for investment. In case of such a dilemma, the first thing to do is to think about your investment objective. Your investment objective is simply described as what you look forward to attain from investment in […]