Money has time value. The idea behind time value of money is that a rupee now is worth more than rupee in the future. The relationship between value of a rupee today and value of a rupee in future is…
These days, you can’t retire without using the returns from investments. You can’t count on your social security checks to cover your expenses when you retire. It’s barely enough for people who are receiving it now to have food, shelter…
A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. Anybody with an investible surplus of as little as a few thousand rupees can invest in Mutual Funds. These…
Following are some of the investment vehicles considered among the financial instruments: Savings Bank Account is often the first banking product people use, which allows interest varying between 3%-5% p.a. Money Market or Liquid Funds are a specialized form of mutual…