Building a League of Allies for Your Portfolio
24 Aug 2023
Building a League of Allies for Your Portfolio
Planning for your financial goals can be an extended and complex journey. There are many angles to take care of, so having a bunch of multi-faceted ‘allies’ can prove useful. Here are FIVE allies to include in your investment journey.
FD – The Reliable Ally
Fixed Deposits offer stability and predictable returns, making them a trustworthy choice for low-risk investments.
SIP – The Growth Ally
SIP (Systematic Investment Plan) fosters financial growth through regular, disciplined investment in diverse assets, compounding wealth over time.
NPS – The Post-retirement Ally
NPS (New Pension Scheme) is a secure, post-retirement ally. It offers tax benefits, multiple investment options, and steady income for a worry-free future.
Health Insurance – The Healing Ally
If you want crucial, life-saving medical coverage, peace of mind, and access to healthcare for a healthier future, you must buy health insurance early in your career.
Life Insurance – The Dependable Ally
Life insurance is your dependable financial ally, that provides security and support for you and your loved ones.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. The information provided is generic in nature and is for informational purpose only. Please consult your financial advisor before taking any decision.
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The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
