Income Archive

Kuvera: The Commission Free Investment Platform

Kuvera’s tag line reads “The best things in life are free“. Interesting, isn’t it? Well, when it comes to the world of money, where no one works for free, it certainly is quite interesting. The term Kuvera (or Kuber) refers to the God of Wealth, and now a startup of the same name is preparing itself to reinvent the meaning of the term. How does …

Understanding STP and SWP

Before looking forward to STP & SWP, which are Systematic Transfer Plans and Systematic Withdrawal Plans, we will have to understand what exactly are Systematic Investment plans, so let us start with the same. SIP has a quite simple attitude; it does what every other well-educated person plans. SIP is quite a simple and a hassle less method to invest money in mutual funds. You …

Top 5 Personal Expense Trackers for Android Smartphones

Every day you step out of the home, or it’s a Sunday or holiday and you are at home, expenses go up every minute. If you are at home, then might be the paper hawker might have come to get his monthly payment, might be the milkman is at the doorstep for his pending amount. In this busy world, it is quite a hectic task …

Understanding Investment Risk

In the simplest of terms, investment can be described as the tendency of putting a resource to work to get the desired output in the future. Everything that we do is an investment. From breathing to work, we tend to invest one resource to another and get anticipated results. However, only a few investments qualify to be measured quantitatively, and this is the where the …

Mutual Fund Taxation

There is no doubt that mutual funds have become sort of a commodity in this ever growing market of investments and finance. With investments beginning from as low as Rs. 500/-, mutual funds are getting huge attention of institutional as well as retail investors and the corpus is growing everyday. Mutual funds do not need a large initial investment. Also, if you shop sensibly, you …

Understanding Credit Risk

The system of organized lending can never run out of risks. Be market, liquidity, credit, interest or operational, risk is inevitable for banks and other financial firms. Hence, a primary importance is given to risk profiling in all financial institutions. One of the omnipresent risks that have taken a toll on banks regularly is credit risk. In simplest terms, this risk can be defined as …

Money Market Funds

Money market fundsĀ are those which invest in short-term debt instruments like US Treasury bills and commercial paper and is also known as money market mutual funds. These funds are a popular cash management tool. A money market fund’s objective is: To provide investors a safe place to invest, Which is easily available, cash-equivalent assets. A subtype of mutual funds, money market funds are highly stable …

How a Credit Card Works?

A Credit Card is a small debt based financial product that can help you build credit, make suitable payments and meet everyday expenses in people life. Credit cards are financial tools issued by banks and other financial institutions that can save you money, allow you to make purchases, take cash advances, transfer balances from other accounts or completely ruin your finances, based on how you …