nitin-chavan: Profile, Opinion and Articles from nitin-chavan at Money9

The central government employees currently get tax deduction of 14% on investments made in the NPS.

The Hindu Succession Act 1956 was amended in 2005 to protect interests of daughters. Under this act, daughters have equal share in ancestral property

A rider is nothing but adding extra services to the life insurance purchased. These are also called add-ons.

Financial security has taken prominence with Covid-19 and has changed people's habits.

NAV is the unit price of any mutual fund scheme. This changes everyday.

Always buy a car according to your budget. You should take into consideration how many passengers will be sitting in your car.

Asset management companies running mutual funds launch NFO ie New Fund offers. Usually the price of any NFO is fixed at Rs 10 per unit.

There are attractive options in market for investing in gold like Gold Bonds, Mutual Funds and ETFs. Instead buying jewelry is a loss-making deal.

The power of compounding in mutual fund investing is not just for investors. The fees of companies also increase at the same pace.

You can have two types of earnings from a particular share. One is capital appreciation and other is dividend.