Archive for November, 2009
Axis Mutual Fund launches first equity fund
Axis Equity Fund will open for subscription on 11 November 2009 and will close on 8 December 2009. It will re-open for on-going purchase and redemption on 7 January 2010.
Axis Mutual Fund, sponsored by Axis Bank, has announced the launch of its first equity fund called Axis Equity Fund. This is a diversified equity fund [...]
Advantages of investing in Mutual Funds
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realized are shared by its unit [...]
How much does life insurance cost?
In order to buy a life insurance policy, you must pay premiums to the life insurance company. The amount of premiums payable depends upon the type of policy, term of policy contract, sum assured and your age.
You could pay these premiums monthly/ half-yearly/ annually/ or as a single premiums
How much do I insure myself for?
One [...]
Why is retirement planning important?
Retire from work. Not from life.
A retirement plan is an assurance that you will continue to earn a satisfying income and enjoy a comfortable lifestyle, even when you are no longer working. To understand why an increasing number of individuals have already started planning for their retirement, and why you should too, read on.
Independence is [...]
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