Savepro - Gaindamull Hemraj Financial Services

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...