New home buyers looking to manage their home it is beneficial if they manage their EMI, prepayment and tenure well to significantly reduce burden loan burden

Split the savings between a mix of government-backed schemes, mutual funds & more. Know how much you can invest out of 30,000 & how much you can earn.

Broadly, there are four possible reasons why the SIP could be outperforming. Remember, 3 years is still a very short time to evaluate returns on equities.

The more you use your card, the more points you will earn and therefore the more you will stand to benefit. All that is fine, but you first need to know what the banks charge for your credit card. Do you really know the effective cost of your card?

The concept of future planning is changing from saving your salary to investing your salary. When you receive your salary, you obviously have some fixed commitments.

Capital gains on debt funds were classified as long term if they were held for a period of more than 1 year. But first, what is this FMP all about?

These are the kinds of stories that look like fairy tales but then they are absolutely real. At the same time there are equity mutual funds that can help you generate huge wealth if you systematically do an SIP for a period of 20-25 years.

Is it possible to convert an investment of Rs.15,000 invested per month into Rs.1 crore in 3 years. Theoretically, the answer is yes; practically the answer is No.

Home buying is an investment made for a long term and hence requires a lot of caution and calculations. There is plenty of advice coming in from all directions which can be used to make it a truly hassle free home buying experience.

FMP vs Debt Funds - Read IIFL Blogs to know about which is a better investment, fixed maturity plans or debt funds. Know about when & who should invest in FMP, & when to prefer a debt fund. Read More!