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Showing posts from April, 2023

HDFC Dream SIP | How to invest in HDFC Dream SIP?

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Big dreams can often seem overwhelming and unattainable, but the truth is that they can be achieved with a simple plan. A simple  plan is a step-by-step approach that breaks down a big dream into small, manageable tasks. This approach helps individuals to focus on one task at a time, making it easier to achieve the overall goal. The key is to be patient, persistent, and consistent in following the plan. By taking small steps towards a big dream, individuals can achieve their goals and turn their dreams into reality. HDFC mutual fund brings a unique plan called "HDFC DREAM SIP" that will help you achieve your goal with ease and that can make you financially free. Before we know the details about the HDFC Dream SIP, let's know what a SIP is. SIPs allow investors to invest in small amounts of money at regular intervals, providing the benefit of compounding, and reducing the overall risk of investing. Investing in a Systematic Investment Plan (SIP) is one of the most convenie...

ICICI Prudential Mutual Fund launches it's New Fund Offer "ICICI Prudential Innovation fund".

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ICICI Prudential mutual fund is introducing a new investment scheme called the "ICICI Prudential innovation fund" . This is an open-ended investment plan that will primarily invest in stocks and related securities of companies that focus on innovation themes and strategies. The fund will also invest in global mutual funds/ETFs that can benefit from such themes. The subscription for the fund opens on April 10 and closes on April 24. The fund invests in companies across various sectors, including healthcare, technology, consumer goods an financial services, among others. The companies in the funds portfolio are carefully selected based on their potential to disrupt traditional industries and create long-term value for shareholders. What sets the ICICI Prudential Innovation Fund apart from other funds is its focus on innovation. By investing in companies that are at the forefront of technological change, the fund aims to provide investors with exposure to high-growth...

"Understanding Inflation: Causes, Effects, and Strategies to Mitigate Its Impact"

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Introduction Inflation is a term that you've probably heard before, but do you really understand what it means and how it can affect your finances? In simple terms, inflation refers to the gradual increase in prices of goods and services over time. While some amount of inflation is considered healthy for a growing economy, too much inflation can lead to a decrease in purchasing power and negatively impact both individuals and businesses. In this blog post, we'll explore the causes and effects of inflation, as well as strategies to help mitigate its impact on your financial well-being Major causes of inflation Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. There are various causes of inflation, which can be broadly classified into demand-pull and cost-push factors. Let's take a closer look at these major causes of inflation: Demand-Pull Inflation: This type of inflation occurs when aggregate...

"How to build a corpus of Rs.10 crore in 30 years"?

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The 15*15**15 rule is a simple investment strategy that involves investing 15% of your income in equity mutual funds every year for a period of 15 years. The rule assumes a return of 15% per annum on your investments. By following this rule, you can build wealth over time and potentially accumulate a substantial corpus for your future financial goals. The idea behind this rule is to start investing early, invest in equity mutual funds for long-term growth, and stay disciplined in your investment approach. Building a corpus of 10 crores using the 15*15**15 rule is a simple and effective way to grow your wealth over time. Here's how you can do it: 1- Start early: The earlier you start investing, the more time your money has to grow. So, start investing as soon as possible. 2 - Invest in equity mutual fund schemes: Equity mutual funds have the potential to deliver high returns over the long term. So, invest a major portion of your money in equity mutual funds. 3 - Follow t...