Quick answer: For most Chennai households, an emergency fund of 3-6 months’ expenses is best split: a slice in a bank savings/sweep-FD account for instant access, and the rest in a liquid or overnight debt mutual fund for slightly better post-tax flexibility. Since April 2023, gains on debt funds and interest on FDs are both […]
A mutual fund factsheet is a one-page monthly document that summarises a scheme’s NAV, AUM, expense ratio, benchmark, risk-o-meter rating, top holdings and past performance. To read it well, check the category and objective first, then the cost (expense ratio), the risk-o-meter, the benchmark comparison, and the portfolio holdings — in that order, before looking
Quick Answer: Before buying a flat on a home loan, check four things in order. First, your own eligibility — income proof, CIBIL score, work history. Second, the property’s legal title and valuation. Third, the guideline value used for stamp duty and registration. Fourth, the lender’s real interest-rate track record, not just the rate quoted
Quick Answer: A financial planner connects your income, expenses, investments, insurance, and goals into one coordinated plan, and most families benefit from professional guidance at life stages like marriage, a new child, a job change, or retirement. Choose a planner based on qualifications, a documented risk-profiling process, and transparent, goal-based advice — not promised returns.
Quick Answer: IDCW (Income Distribution cum Capital Withdrawal) pays out fund-decided amounts taxed fully at your income slab, while SWP (Systematic Withdrawal Plan) lets you redeem a fixed amount you choose, taxing only the gain portion at capital gains rates. Both have unique benefits — IDCW can work out tax-free for households under ₹12 lakh
Quick Answer: SIP (Systematic Investment Plan) builds your corpus by investing a fixed amount regularly; SWP (Systematic Withdrawal Plan) does the opposite — it pays you a fixed amount regularly from an accumulated corpus. Switching from SIP to SWP does not require moving to a “different fund” — it usually means stopping your SIP instruction
Quick Answer: Corporate (employer-provided) health insurance is a group cover that lasts only as long as you’re employed, often has lower sub-limits and no continuity benefits. An individual or family floater health policy is owned by you for life, builds a No Claim Bonus, and doesn’t disappear when you change or lose a job. The
Quick Answer: A bond is a loan you give to a government or company in return for fixed interest (“coupon”). As a beginner, choose bonds by checking three things — credit rating (safety), how long until maturity (duration/how much the price can swing), and the yield (real return). Keep total bond/debt exposure diversified across issuers
Quick answer: Most salaried professionals lose money at tax time not from bad investments, but from five avoidable habits: never comparing the old and new tax regimes with real numbers, missing or mis-claiming HRA, filling Section 80C on autopilot, skipping health insurance under Section 80D, and not reconciling Form 26AS/AIS before filing. Fixing these takes
Quick Answer: Yes, mutual funds are safe and heavily regulated. They are not chit funds or small private schemes. A SEBI-registered KYC Registration Agency (KRA) – like CVL KRA, CAMS KRA, or NDML – verifies your KYC (PAN + Aadhaar). This is a one-time, industry-wide process. After that, we open your account on the NSE
Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. Before making an investment, please contact the investment expert at Deepak Wealth Framework for designing a portfolio that suits your needs. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registered Mutual Fund Distributor | ARN - 328771 | Date of Initial Registration: 14/05/2025 | Current Validity: 13/05/2028.
