Personal finance is the planning and management of personal financial activities such as earning money, spending it, saving it, investing it, and protecting it. A budget or financial plan can outline the process of managing one’s own money. The most…
A mutual fund or exchange-traded fund (ETF) that tracks or matches the components of a financial market index, such as the Standard & Poor’s 500 Index, is known as an index fund (S&P 500). A broad market exposure, minimal operating…
Equity Funds are unit trusts systems that invest their assets in the stocks of various firms in accordance with the underlying scheme’s investment goal. These funds are an excellent long-term investing alternative for financial appreciation. Equity funds are a good…
Debt funds are mutual fund schemes that invest in fixed-income securities such as Commercial Papers (CP), Certificates of Deposit (CD), Corporate Bonds, T-Bills, government bonds, and other money market instruments. These securities have a fixed maturity date and interest rate…
