Kamana Mishra

  Working people may decide to invest in NPS as a way to lock in their money for a secure retirement. Mutual Funds, on the other hand, are open-ended, well managed investment vehicles that aggregate money from numerous investors to buy securities. Both, however, are investment programmes with a market component. In the event that they opt to invest via SIP for the long term, investors may pool their funds into Mutual Funds and the National Pension System at predetermined, regular intervals. It should be highlighted that many investors mistakenly utilise SIPs and mutual funds interchangeably. SIPs (Systematic Investment Plans) are a method of investing in mutual funds, however (that are an investment option for investors).  Before deciding where and how to invest, it is crucial that you are aware of all of your alternatives. Let's first examine two types of personal investment: mutual funds and the National Pension System. What is NPS? The National Pension System, a retiremen...

The continuous epidemic has taught us that we must feel comfortable if there is one thing. And many of us are buying homes to satisfy this need for security. It should go without saying that a sizable down payment is necessary to purchase a home, and the easiest method to meet this need is to borrow money from a bank or other financial institution. Today, obtaining a loan is a quick and simple process, but what happens if the borrower is unable to make the loan payment on time? Before making an ill-informed choice, it's critical to comprehend the consequences. Let's find out what to expect if you fail to make your loan EMI payment without further ado. What Will Happen If You Don't Pay Back Your Home Loan? Legal Consequences: The bank may confiscate your property if you fail to make up to three of your home loan instalments. In these situations, there are certain techniques, though. In the event that you miss the first payment due on your mortgage, they won't disturb yo...

  Should you get multiple health insurance ? More and more people are being forced to purchase several medical policies due to India's rapidly escalating medical costs and the constrained coverage provided by a single health insurance plan. In addition to offering complete coverage, purchasing numerous health insurance policies also extends backup protection in the event of medical emergency, job loss, or a transitional period between changing employers. Additionally, having numerous health insurance policies reduces the risk for persons with specific illnesses like diabetes or cardiovascular disease. Is it possible to have multiple health insurance plans? Getting a second or third health insurance plan is undoubtedly an option. Yes, it might be an excellent approach to obtain more extensive or additional coverage. It can also lower the risk for people with pre-existing diseases and act as a backup to an employee's health insurance. It's crucial to keep in mind that having...