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5 important investment lessons 2019 taught us

December 27, 2019December 27, 2019 Loknath Das2019, 5%;, important, investment, Lessons, taught?

Fixed deposits remain the preferred investment tool for countless Indians, especially for risk-averse investors like senior citizens and retirees Representational image | Photo Credit: BCCL Analysing financial events and practices of the past can help us improve our financial habits in the future. The calendar year 2019 has left a trail of learnings for all of us to ponder upon – things that can lead us to making wiser financial decisions in 2020 and beyond. I’ve highlighted a few of such money lessons that 2019 taught us to ensure we enter…

5 Investment Ideas For Those Looking To Invest Rs 1-5 Lakhs

November 5, 2019November 5, 2019 Loknath Das1-5, 5%;, for, ideas, Invest, investment, looking, Rs., those, to

If you are looking to invest Rs 1-5 lakhs, you should look at investments that are safe and yield good returns. If you are looking at a longer term tenure of 3-5 years, there are many instruments. Here are a few that you could consider: Fixed Deposits of Bajaj Finance The fixed deposits of Bajaj Finance are not a bad bet, if you are looking at a medium term tenure of 3-4 years. A 36-month deposit offers an interest rate of 8.35 per cent, which is not bad at all.…

How a newspaper ad and Rs 5 lakh investment set this entrepreneur on Rs 50 Cr journey in chemicals manufacturing

October 4, 2019October 4, 2019 Loknath Das5%;, 50, a, Ad, and, Chemicals, Cr, Entrepreneur, How, In, investment, journey, Lakh, newspaper, On, Rs., Set, This

In 2002, Bengaluru-based entrepreneur Srinivas M saw a newspaper ad about the MSME Ministry conducting a training session for chemical manufacturing. Srinivas was a chemical trader at the time, and thought it would be a good opportunity to start manufacturing chemical products himself. “I saw this a way into a manufacturing sector that could pay me dividends much more than a trading business ever could. I decided to seize this opportunity, and enrolled myself in the programme,” he says. Srinivas was about to enter the chemicals industry that has grown over the years, touching $163…

Mutual Fund Investment: 5 reasons to invest in tax saving mutual funds

September 14, 2019September 14, 2019 Loknath Das5%;, Fund, In, Invest, investment, Mutual, reasons, saving, Tax, to

Investing in tax-saving mutual funds gives the benefit of diversifying your portfolio as per requirement. Tax-saving mutual funds, over the years, have proven to be the best tax-saving option for investors. While there are various tax-saving investment options such as National Pension System (NPS), National Savings Certificate (NSC), and Public Provident Fund (PPF), among others, Equity-Linked Savings Scheme (ELSS) has remained the most preferred. Here are 5 reasons why you should consider investing in tax-saving mutual funds (ELSS): 1. Lowest Lock-in Period Conventional tax-saving instruments generally come with long lock-in…

Mutual Fund Investment: Want better returns? 5 immunity boosting funds to SIP this monsoon

August 21, 2019August 21, 2019 Loknath Das5%;, Better, Boosting, Fund, Funds, Immunity, investment, Mutual, returns, Sip, This, to, Want

The mutual funds mentioned below will provide stability and performance considering the current market scenario. With uncertainty gripping the world with important external events like US-China Trade War, US-Iran faceoff and internal events like slowdown in economy in India in terms of Auto and FMCG sales, it makes sense to invest in the equity market via mutual funds systematically, thereby enabling the investor to take advantage of the Lows and Highs faced by the market. The below-mentioned mutual funds cater to different categories like Large Cap, Mid Cap, Small Cap,…

5 reasons why early jobbers should not delay their investment plans

August 13, 2019August 13, 2019 Loknath Das5%;, Delay, Early, investment, jobbers, Not, reasons, Should, their, Why

The earlier you start investing, the more time you allow your investments to grow with the magic of compounding. These days it’s not unusual for fresh graduates to start their careers with hefty salaries. And — something that might come as a surprise to some — not all young professionals squander away all their hard-earned money on frivolous things. That doesn’t mean they don’t make the most of their newly-acquired financial independence in terms of having some fun, but they’re also conscious about how to differentiate between their ‘needs’ and…