Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
LIC is giving a chance to resume the policy which has been closed, will be able to revive by 9th October
If your LIC policy has lapsed due to some reason then you can start it again. Life Insurance Corporation of India (LIC) is offering a great opportunity to revive it. Policyholders are getting a chance to revive the policy that has been lapsed by 9 October. LIC said that under this, they will get the opportunity to revive the same policy which will be within 5 years from the date of filing the premium. Policyholders will get up to 30% discount on late fees. There will be a discount of 20 per cent on late fees of up to 1 lakh. A rebate of 25 per cent will be given for late fees between Rs 1 lakh and Rs 3 lakh. 30 per cent discount will be given on late fees of more than Rs 3 lakh. LIC's new premium income has risen by 25.2 per cent to an all-time high of Rs 1,77,977 crore in 2019-20. However, during this period the company paid a policy of Rs 2,54,222 crore, which was 1.31 per cent higher. LIC continues to be the market leader in the life insurance sector with 75.90 per ...