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What is ONDC and How it is helping the Indian economy

The Indian economy is witnessing an unprecedented growth trajectory, powered by the proliferation of digital technologies and the entrepreneurial ecosystem. In this digital age, open networks have emerged as a game-changer, transforming the landscape of digital commerce and driving inclusive economic development. Here, we explore how open networks are helping the Indian economy by empowering […]

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Rule of 72 in Finance

I know it might sound very mundane. Think about what is the rule of 72 in finance I am talking about. Astonishingly I have been investing for quite some time but I recently got to know about the rule of 72. The rule of 72 is a simple way to determine how long an investment

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Best way to invest extra money

Recurring deposits and investing in a mutual fund scheme via an SIP have become popular among individuals earning a regular income. These options allow you to stagger your investment over time as you can invest a small at regular intervals. Recurring deposits offer a fixed rate of return and require you to invest a certain amount every month for a fixed duration. On the other hand, SIPs are open-ended, meaning you can initiate or terminate your SIPs at any time. Investing in a mutual fund via an SIP is a better option as you get the potential to earn much higher returns than a recurring deposit.

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Best Investment Plans for Millenials

The basic thumb rule to wealth creation is to invest in a mix of market-linked and fixed income investment schemes. Market-related investment plans are significant for generating higher returns while fixed-income plans help in accumulating wealth to meet your future financial goals. It makes sense to have a diversified portfolio which is a perfect blend of financial tools. And you can look at the mentioned best investment plans to diversify your investment portfolio.

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