Money Rules for the New Year

Money Rules for the New Year

Large-cap companies typically have established track records, strong financials, broad operations, making them attractive to investors especially due to their less volatile nature relative to mid & small-caps.

Four Reasons to Consider Large Caps

Crafting financial resolutions for the new year cultivates discipline, fosters savings, mitigates debt, ensures financial security, and articulates a strategic roadmap for the realization of long-term objectives, thereby enhancing comprehensive financial well-being. Here's a refined four-point strategy to guide you in the New Year

Four Ways to Take Control of Your Finances

Don’t Forget Asset Allocation

Given the robust surge in equity markets, it is probable that investors' portfolios may exhibit a pronounced inclination towards equities. It is now opportune to reassess and reallocate funds in accordance with your risk tolerance and investment objectives.

Build an Emergency Fund

Life unfolds with unforeseen twists that, at times, may exact a substantial financial toll. Establishing financial safeguards to mitigate these unexpected turns emphasises the necessity for most households to create contingency funds

Make SIP The Centre-piece Of Your Financial Plan

When it comes to automated savings, regular investments in equities, financial discipline, risk mitigation, and sustained wealth creation, there is nothing that can match the humble SIP.

Retirement Planning Is A Must

Saving for retirement requires early financial planning. Calculate your estimate post-retirement income and invest accordingly after consulting a proficient financial planner.

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.