Mutual Funds can best serve as an investment tool. So whether you are planning for your house, child's education or marriage, your car or vacations, Mutual fund is a simple, tax efficient and effective tool to invest for these goals.
A Systematic Investment Plan helps you invest a fixed amount regularly at a specified frequency say, monthly or quarterly. SIP is a simple method of investing used across the world.
Similarly, investing without a plan has little meaning.
It is what you achieve through your investments that is important.
Hence, planning should come before investing.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for money. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
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