Before a loan is granted to a customer, the bank or financial institution carries out various checks to make sure that the customer will repay the loan along with the interest due. One such determinant when granting a loan is the credit score. This measure indicates the customer’s credit history, with respect to his bank […]
Passive investing styles have been gaining traction in developed markets and increasing in popularity in India. Anil Ghelani, Head of Passive Investments & Products at DSP Mutual Fund, shares his views on whether ETFs, index funds and smart beta strategies will eclipse active fund management. Do you believe active fund managers are struggling to generate […]
Senior citizens account for nearly 50 per cent of the total deaths (5,598) caused by the novel Corona Virus Disease-related (COVID-19) in India, as on June 2 and as per the Union Health Ministry’s data. The elderly make up just 10 per cent of the country’s population. This apart, individuals with co-morbidities – existing ailments […]
Understand your Risk Capacity and employ risk assessment tools to comprehend your reaction to different market conditions. Financial goals play an important role in deciding your ability to take risk. An individual in his 20s, who wants to retire at 60, has ample time to save for retirement. The dynamic changes if you are in […]
A risk profile is an evaluation of an individual’s willingness and ability to take risks. It helps during financial planning process to assess whether there is need to take risks or not. A risk profile is important for determining a proper investment asset allocation for a portfolio. Risk profiles are generally assessed in 5 categories […]