How covid-19 losses prompted a plant manager to revisit his financial strategy

How covid-19 losses prompted a plant manager to revisit his financial strategy

Known for his aggressive investments directly in stocks and small- and mid-cap mutual funds, Kumar is now seeking a more balanced and goal-oriented portfolio. “During the pandemic, my stock portfolio took a significant hit, and some of the stocks never fully recovered. I don’t want to face such a situation again as I work towards … Read more

Which is better for SIPs: UPI AutoPay or eNACH?

Which is better for SIPs: UPI AutoPay or eNACH?

What’s the best way to pay for your SIPs – UPI Autopay or eNACH? Your choice matters as the two methods have different functionality and register your SIPs in different ways.  A UPI AutoPay mandate can be initiated on any UPI AutoPay-enabled platform by entering the PIN of your UPI account. An eNACH mandate on … Read more

How this telecom executive is strategizing his path to FIRE

How this telecom executive is strategizing his path to FIRE

Guin began his career in software sales, but now works in a strategy role at a large telecom firm, which he transitioned to after earning an executive MBA at the Indian Institute of Management, Ahmedabad. He discovered the FIRE movement on social media in 2018, but his interest deepened during the covid pandemic in 2020. … Read more

Wealth creation: 25 key money lessons you should follow to make it big in fiscal 2025

Wealth creation: 25 key money lessons you should follow to make it big in fiscal 2025

As a result, you should stay true to wealth creation instead of getting carried away with the flow. Here, we list out some of the key money lessons that each investor should be mindful of. In fiscal 2025, you may want to follow these money lessons to achieve your financial goals in the long term.  … Read more

Mutual funds: SIP contributions jumped 28% to nearly ₹2 lakh crore in FY24, shows AMFI data

Mutual funds: SIP contributions jumped 28% to nearly ₹2 lakh crore in FY24, shows AMFI data

Thanks to the ongoing bull run, total inflow into equity mutual fund schemes during the fiscal year 2023-24 touched ₹1.84 lakh crore. Significantly, total inflow into all the mutual fund schemes via systematic investment plans (SIPs) stood at ₹1.99 lakh crore, 28 per cent higher than ₹1.56 lakh crore recorded in the preceding financial year. … Read more