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FD calculator: These 3 private banks revised fixed deposit rates. Details here

FD calculator: Fixed deposit accounts are available in all PSU, private sector and small finance banks or SFBs but their FD interest rates varies


Barakah Finserve

These mutual fund SIP plans get 5-star rating from Value Research and Crisil

Mutual funds' ratings work as composite measure of both risk and return because it gives an idea about the risk and reward involved in a mutual fund plan


Barakah Finserve

What to look for while investing in NFOs of mutual funds

To understand an NFO, one should keep in mind asset class, which comes under the type of fund, its category, the launching AMC, the fund manager's performance, fund’s philosophy, security selection process, among other factors


Barakah Finserve

Data for purchase of mutual funds is captured in form 26AS

Even though one can rely on the data provided by mutual fund managers, calculations carried out by them to arrive at the figures of gain or loss incurred should be thoroughly verified before filing the return of income


Barakah Finserve

NPS offers triple income tax benefits. Details here

National Pension Scheme: The employer’s contribution to your NPS account is tax free up to 10% of your salary subject to an annual overall ceiling of Rs. 7.50 lakh 


Barakah Finserve

Three safe investment schemes available for senior citizens for regular income

Senior Citizens can invest in Senior Citizen Saving Scheme, RBI floating rate saving bonds and Pradhan Mantri Vaya Vandana Yojana


Barakah Finserve

You can claim income tax benefit on interest for home loan taken from my father

Home loan: There is no such restriction as regards to payment of interest on borrowed capital


Barakah Finserve

How to invest your retirement corpus

A good way to take care of your post-retirement monthly need is to invest your accumulated retirement corpus across debt, small savings schemes and equities to ensure growth along with safety


Barakah Finserve

Mutual fund calculator: Monthly SIP enough for higher studies of 10-Yr old child

Mutual fund calculator: Currently, cost of higher education is around 10 lakh. If we assume 10 per cent inflation for next 8 years, then the future cost of higher education comes at around ₹22 lakh, say experts


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