Live Breaking News & Updates on Finsafe

Stay informed with the latest breaking news from Finsafe on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Finsafe and stay connected to the pulse of your community

mutual fund: What does it mean to exit a mutual fund and switch a fund? Mrin Agarwal explains

Mrin Agarwal advises investors to remain invested for the long term, revamp portfolios for diversification, and be cautious of the tax implications of switching funds. Even if you are switching from direct plan to regular plan, it is also treated as a redemption. It is important to understand SIP tax implications and consider the timeline and exit loads before making any changes.

Lucknow , Uttar-pradesh , India , Kozhikode , Kerala , Mrin-agarwal , Indian-school-of-business , Offering-college , Founder-director , Leadership-excellence , Product-officer , Executive-officer

unclaimed money: How to use Udgam portal for seeking out unclaimed money

Mrin Agarwal says: “The portal is best for situations where you do not know where the money is after death because if you know the bank details then, you can always approach the bank directly and start the claim process. But in the cases where you do not know about the unclaimed amount, the portal becomes more helpful.”

Canara , Karnataka , India , Lucknow , Uttar-pradesh , Tamilnad , Tamil-nadu , Baroda , Gujarat , Kozhikode , Kerala , Mrin-agarwal

SIP types explained: What are the 7 types of SIP and what is the right one for you?

"Flexible SIPs allow you to make some changes to your SIPs. For example, you could decide to increase the amount. You could decide to reduce the amount based on various factors. So, for example, if you feel that the markets are down right now, you could say, okay, I want to put in more money. But if you feel that maybe you have a liquidity issue, then you might say that I would like to decrease the SIP amount. "

Kozhikode , Kerala , India , Lucknow , Uttar-pradesh , Mrin-agarwal , Indian-school-of-business , Offering-college , Leadership-excellence , Product-officer , Marketing-officer , Might-also-like

financial planning: How financial planning, risk profile changes with age? Mrin Agarwal explains

Risk profiling changes with age and financial goals. Younger investors can afford to be more aggressive, while those in their 40s should balance risk and catch up on investments. Beginners should take an aggressive stance. The biggest risk for a 40-year-old is not achieving financial goals and accumulating loans. Those in their 50s should assess if they have saved enough and can start reducing risk. At 60, having a portion of investments in equities can help offset any shortfall in corpus.

Lucknow , Uttar-pradesh , India , Kozhikode , Kerala , Mrin-agarwal , Indian-school-of-business , Offering-college , Leadership-excellence , Operations-officer , Product-officer , Financial-planning

financial planning tips: Financial planning: Things to remember before you turn 40

Before turning 40, it is important to check if one has the basics of financial planning in place, such as emergency cash and life and health insurance. Saving at least 30-40% of take-home pay is crucial for those who want to retire at 50. It is also important to reduce unsecured loans to only have a home loan by the age of 40. Setting clear financial goals, considering inflation, and starting to save for retirement early are important steps.

Lucknow , Uttar-pradesh , India , Mrin-agarwal , Indian-school-of-business , Offering-college , Founder-director , Leadership-excellence , Marketing-officer , Financial-planning-tips , Finsafe , Financial-planning

What are short-term financial goals? How to best achieve them?

"Anything from six months to three years onwards would be categorised as short-term goals. So, anything that you need money for in the next six months or one year or two years or three years would be your short-term goals. Now, typically these goals could be like a single goal that you might have or it could be part of a bigger goal."

Lucknow , Uttar-pradesh , India , Mrin-agarwal , Offering-college , Term-bond-fund , Duration-fund , Indian-school-of-business , World-cup , Leadership-excellence , Marketing-officer , Short-term-bond

Why comfort is a deterrent to growing wealth

Markets also tend to reward those who do not seek refuge in their comfort zone

Investing , Investment , Ncd , Mrin , Finsafe , Comfortable , Profitable , Insurance-policies , Cryptocurrencies , Inflation-beating-returns ,