What Are Savings?
Savings refers to the money left over after a person has deducted their consumer expenditure from their disposable income over a period of time. After all expenditures and responsibilities have…
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What is Personal Finance?
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…
What Is an Index Fund ?
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…
What are equity Mutual Funds?
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…
What are Debt Funds, exactly?
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.…
