How to ensure phased payouts to your nominee in the case of death

How to ensure phased payouts to your nominee in the case of death

In the event of my death, I don’t want my son to receive the entire amount in my mutual fund (MF) investments, bank accounts and term insurance payout in one go. How do I ensure that he gets the money in phases like how it happens through an MF systematic withdrawal plan (SWP)? Can you … Read more

Monthly SIPs, gift fund & more: Edelweiss’ Radhika Gupta’s guide to investment plans for children

Monthly SIPs, gift fund & more: Edelweiss' Radhika Gupta's guide to investment plans for children

With the rising expenses of higher education in India, financial planning for parents has become a priority, in order to provide quality education for their children. Early planning in terms of where to allocate your funds for children gives more time to consider different investment avenues and develop a reliable investment strategy. Systematic Investment Plans … Read more