THE CASE: I recently applied for online term insurance from India with international coverage for 40 years term. Now, the insurance company is asking to undergo medical tests in UAE which is quite costly here and this screening medical is not covered through my current health insurance. Any suggestions? Should I go for this insurance? […]
Arbitrage schemes are hybrid funds, that take arbitrage positions in equity and related instruments for at least 65% of the portfolio. The remaining corpus is mostly in high-quality fixed-income instruments and cash & equivalents. So how does it work? Arbitrage funds aim to capture the price differential between the spot and futures markets, to generate […]
THE CASE: I have mutual fund SIPs – SBI blue chip rs 5000 From 2 years, Parag parikh rs 5000 From 1 year, Nippon india large cap 3000 From 5 years, Nippon india mid cap 3000 From 3 years, More asset multicap 35 fund 1000 from 2 years. Target 10 years pl suggest any changes. THE SOLUTION: In absence of details like your age, […]
THE CASE: I am an NRI aged 40 having Rs. 50 lakhs lying in a private bank fixed deposit. I would like to invest it for 20 years. By then I shall return to India for retirement. How much amount I would be able to accumulate if I invest in mutual funds? THE SOLUTION: […]
THE CASE: We are in USA. My husband’s family is convincing him to make investments in India. For example, my hub mother asks him to do LIC educational plan. I am not on same page on that because we don’t know what’s going to happen in 20 years. I tell my hub to contribute […]