Mutual funds provide satisfactory diversification and an investor can easily use mutual funds to spread risks and keep their portfolio secure. If you choose your mutual funds carefully and after proper research, they can serve as a good asset allocation tool that will help you balance your risks and maximize your returns.

SIP is a planned approach towards investments that helps you inculcate the habit of saving and building wealth for the future. It helps in Disciplined Saving, Flexibility, Long-Term Gains and Convenience. You should always remember the 3 Golden rules of Compounding. Start investing early Don’t touch the amount for a long time Don’t keep jumping from one investment to another.

Your retirement will be more enjoyable if your income is structured to fit your lifestyle choices and if you have developed a retirement plan to protect the assets you have worked hard to acquire. You should have a retirement plan to avoid Uncertainty of Social Security and Pension Benefits, Unforeseen Medical Expenses that could arise, Estate Planning and to have Flexibility to Deal with Changes. Having a retirement plan helps with Tax deductions, being Independent together in old age, to plan any dream vacation and to have some Peace of Mind with a comfortable yet rewarding future.

Simple monthly savings might not suffice the growing higher education costs. Increasing standard of living costs along with inflation may fall short for your child’s future. For your child to stand out in the crowd, education fees should be the last constraint. Child insurance plans provide you the resilience to invest based on your child's education want, your current financial status, and other monetary goals.

It is necessary to have savings to become financially independent,to get out of any debt or loan that you have applied for, to have a back up for unforeseen expenses like various illnesses and emergencies like accidents or fire etc. Under Section 80C of the Income Tax Act, we are liable for tax exemption up to 1.5 lakh rupees. Calculate your savings with the help of our tax saving calculator today.