DSIJ Mindshare

Mutual fund investors may find themselves confused looking at the thousands of mutual fund schemes available in the market. With so many schemes to choose from, it becomes difficult for the investor to zero in on schemes that meet the financial objectives and requirements specific to the investor. So, how do you go about choosing a scheme that is just right for you?

Mutual funds have specific cut-off timings which an investor has to take into account while submitting application and making payments. The fund house determines the NAV at which the investor gets the units of the scheme depending on the time of submission of the application and payment made. 

Since the last couple of months, mutual fund investors have been receiving letters and emails from fund houses informing them about the change in total expense ratio (TER) of the scheme they have invested in. If you are one among them, you might have wondered what you should make of it. 

Usage of credit card abroad attracts various kinds of charges which can inflate your credit card bill quite a lot. Some of these charges include foreign currency conversion fee, transaction charge, cash withdrawal fee, etc. plus the mark-up charges as applicable.

The unpredictability of events in life and the uncertainty of life itself lend significance to life insurance.  Life insurance protects the near and near ones from the unexpected vagaries of life such as road, rail or air accidents, critical illnesses such as cancer, stroke, heart attack, paralysis, etc. and from the eventuality of death itself.