Finding out that you are expecting a baby is the most memorable day of your life. Women start thinking about the cute little baby clothes and diapers. But what most women forget to take into consideration are the expenses that would follow this joyous news. There are some major pre- and post-birth expenses that you need to take into account and budget for, before you go on your maternity leave. Here are some tips to ensure a relaxed and peaceful maternity leave.

On 31st July, State Bank of India which is India’s largest bank announced a rate cut on savings account by 50 basis points. What this means is, it reduced the interest rate from 4% (which was not too high to begin with) to 3.5% per annum on an account balance of less than 1crore.
That is a total of 0.5% lesser growth for your money parked in your savings account.

Let’s look at some numbers to understand its full impact:

It’s that time of the year when your HR wants you to submit your investment proof to get you 80C tax benefit. You can no longer avoid this important investment decision. With so many options available where do you put your precious 1.5 lakhs and how do you decide which product to select?

NSC (National Saving Certificate), tax saving FD (Fixed Deposit), PPF (Public Provident Fund) and ELSS Mutual Funds(Equity Linked Saving Scheme) all offer 80C benefit. But which one is better for you?

Every year International Women’s Day is celebrated on 8^th March to mark the achievements of women around the world. Indian women have come a long way from being humble house wives to being Scientists, CEOs, Olympians, Pilots,World Leaders and lot more. We don’t need a day to honour us and tell us how independent, outstanding and awesome we are; we do amazing things every single day.

Women no longer make compromises in their career and their lives. They are independent thinkers who take up challenging roles at work and justly deserve parity in gender based pay scale.

Today’s Generation Y are go getters, trend setters and game changers who believe in living in the present and not worry about the future. They are young, ambitious and are defined by their passion. They do not believe in doing things the traditional way, this means they unlike Generation X before them will delay parenthood and that they will also not worry about their retirement because they just might not retire.

In 10 years, if you invest Rs. 10,000 per month into SIP, you are actually saving about Rs. 12 lakhs and staying invested for 10 years ensures a return of Rs. 24 lakhs, which is double the amount invested. This is how wealth is created.

You are at a stage of life where your bank account no longer trends to Zero as often as when you had started working. You think about saving a part of the surplus salary but often wonder would this monthly saving amount to much.

Exploring with camera in one hand and your companion in another makes happy memories around the world. Whether you plan to pop that question or simply surprise your beloved make sure its a happening one this time. We believe in perfect planning and have it all worked out for you from ideas to saving up for it.

In a world full of beautiful experiences we bring to you a series on the most romantic experiences around the world.

Historically, foreign investor flows have been by far the biggest driver for Indian markets. However the past couple of years have seen a quantum jump in the size of domestic fund flows as the financial investments business begins to gain critical mass.

Consequently, we introduce a few charts which we would track on an ongoing basis in order to determine non-fundamental market factors which could influence portfolio allocations and returns.

All of us would love to achieve our dreams, without having to worry about how to finance them. But in reality, we often end up compromising on our dreams. To achieve our dreams, we need to plan and make the right choices at the right time.

Planning for our dreams involves saving and investing a part of our income today to use it at a later time to realize our dream(s). Many people invest their money in bank fixed deposits (FDs) that yield a safe albeit low return. Others put their money in stock markets – a risky but potentially rewarding investment.

In the age before digitalization, Fixed Deposit was considered an ideal investment solution because it was safe and gave higher return than savings account. This is still true; however, FDs do not necessarily give the best return on your investment. In fact, it is quite low when compared to Mutual Funds.

The annual return of a 5yrs FD is around 7% depending upon the bank chosen; whereas the average 5 yrs historical annual return in the top 5 (MintWalk suggested) Debt Mutual Funds and Equity Mutual Funds were around 8.5% and 16.7% respectively.