Savepro - Gaindamull Hemraj Financial Services

Mutual Funds Mutual funds that we traditionally know of are concerned with two types of funds, equity and debt. Both the funds carry pros and cons. If you wish to remove the drawbacks that each of these funds carries and keep your investment safe, then go for hybrid mutual funds. Hybrid mutual funds are sure to make your investments more reliable and profitable than the traditional funds. Before Savepro makes you understand the worth of hybrid mutual funds, lets us first know what equity mutual funds and debt mutual funds are. In the case of equity mutual funds, the investments are made in stocks and equity shares of companies in order to seek capital appreciation. Though the risk is high,this fund has more significant potential to generate high returns. Debt mutual funds majorly invest in debt securities, corporate bonds, treasury bills, and money market instruments in a view to generating regular income.Though they are far less risky compared to equity funds, they l...

Public Provident Fund  When it comes to investing money, we are drenched in a pool of options. Many of these are successful in ticking off almost all the conditions such as high returns, low risk, feasibility in the liquidity of portfolio, and tax saving. A mutual fund is said to be the ideal investment option in the current scenario. To make the picture more transparent, we at Savepro  are going to compare mutual fund investment with other investment avenue– PPF. Mutual Fund  I.MUTUAL FUNDS VS. PUBLIC PROVIDENT FUND (PPF) PPF is a savings scheme which accumulates savings and provides a reasonable interest rate along with tax benefits. Mutual funds, on the contrary, are offered by asset management companies and designed to cater to the needs of the investor based upon his risk taking capacity. They try to invest the corpus of the fund in stocks, bonds, government securities, and money market instruments to accomplish investor’s fin...

Debts can be stressful  It just takes a swipe to make transactions here and there! Until you realise ‘it’ has compiled too much on your shoulders and it’s already too late. Millennials do not realise how much starve themselves financially. While some had a poor financial history and they are in debt since centuries, and some go on wasting every penny and get wasted without being anxious. The pro-tip is not to let this pressure get over your head and heels in the first place! It is a trap, and once you’re stuck within the realms, it is difficult to get out from it. Savepro  gives you some tips on how can you save yourself from debts and unwanted trouble. 1. Make a budget It is necessary to have a budget and remain limited to that. Keep a realistic budget and do all your expenses in that budget constraint itself. Be it luncheons, parties, shopping, loan payments, EMIs, etc.; try creating a planner where you can jot down all your monthly expenses and then ca...