This website teaches personal finance. You can read how mutual funds, insurance, loans and tax work. You can look up a word in the glossary. You can use a calculator. If you want help to start a SIP or buy life insurance, open Ask us.
In one line: a learning site for household money decisions, and a desk that can take a mutual fund or life insurance request if you send one.
Plain language. Each page states what the product is, how money moves, and a worked example.
A systematic investment plan puts a fixed sum into a mutual fund on a set date each month.
A fixed deposit pays a stated rate. A SIP units a fund whose value moves every day.
Keep cash or a liquid fund that can cover three to six months of essential costs.
You need KYC, a bank account and a fund choice. The SIP date should match your salary date.
Net asset value is the per-unit price of a mutual fund after expenses.
Direct plans charge a lower expense ratio than regular plans of the same scheme.
The expense ratio is the annual fee the fund house takes from the scheme.
Equity linked saving schemes have a three year lock and can be used under section 80C if you still use that route.
Public Provident Fund is a 15 year account with a notified rate and EEE tax treatment.
Read emergency fund, then term insurance, then SIP. Use the calculators with your own salary and rent. Do not start with a ULIP or a credit card points plan.
Each tool shows the formula under the result.
300 terms used in statements, policy pages and fund factsheets.
Net asset value per unit of a mutual fund after expenses.
The annual fee the fund house takes from the scheme.
One hundredth of a percentage point.
Joy holds an FD receipt. Inflation still reduces what that receipt buys. A SIP buys units whose value can fall and rise.
A Federal Reserve hike, a jump in crude, or a weaker rupee shows up in EMIs, fuel and foreign education bills. These articles follow that chain without telling you to time the market.