Multiple deposits in single bank come under overall ₹5 lakh limit.If the principal was ₹5 lakh, then the accrued interest will not be insured Source:…
Interest rates may see some softening ahead, but it still makes sense to invest Source: money
An index may have a corresponding ETF but not an index fund.The expense ratio is slightly higher for index funds compared to ETFs Source: money
LIC does poorly on the first metric of product mix.The expense ratio of the insurer stands at about 9% for FY19 Source: money
The Mint Globetrotter index compares the cost of 25 essential travel spends for 50 cities across regions.Here, Mint Money will list these 25 spends for…
The face value of one bond is ₹100 and you need to buy at least 10 bonds at a time; there is no upper limit.The…
Customers onboarded by intermediaries (points of presence or PoPs such as banks that facilitate UPI payments) have to pay a minimum transaction charge of ₹10…
Over ₹100 crore of household money went into Hoffland Group’s ponzi schemes Source: money
Post office deposits and 7.75% savings (taxable) bonds offer better yields than SDLs and are as secure.You can also look at Bharat Bond ETFs if…
If you are better off under new tax regime, don’t invest in long-term products.Various tax-savings products do not require mandatory investments year-on-year Source: money