Investing
5 min read
What Are ETFs? How ETFs Work? and What are Types of ETFs?
As of December 31, 2024, the Indian mutual fund industry’s Assets Under Management (AUM) reached ₹66.93…
4 min read
3 Things to Consider Before You Rush Into Investments
Investing is often seen as a gateway to financial growth and freedom. The promise of multiplying…
3 min read
What are Hedge Funds?
Hedge funds, such as our flagship long-short product, are designed to generate higher risk-adjusted returns for…
3 min read
ELSS vs. PPF: Which One Should You Choose for Your Portfolio?
When it comes to tax-saving investments, two options stand out—Equity Linked Savings Scheme (ELSS) and Public…
5 min read
ETF vs. Actively Managed Mutual Funds: Which is the Better Option for Your Investment Strategy?
Over the last couple of years, one of the most debated topics among investors is active…
4 min read
What are Index Funds? Types, Benefits and Limitations
Index funds are investment vehicles designed to track the performance of a specific market index, such…
3 min read
ETFs vs. Index Funds: What’s the Difference and Which One is Right for You?
If you’re looking for a way to invest in the stock market without having to pick…
5 min read
Types of Mutual Funds: What Are Different Types of Mutual Funds, How They Differ, and How to Invest in Them
The Indian mutual fund industry has witnessed exponential growth over the past decade. As of December…
5 min read
Performance of India’s Nifty 50 Constituents in 2024: Last year in Review
2024 has been quite a rollercoaster for India’s stock market. Investors saw big winners and surprising…
3 min read
What is Interest Rate Risk? How to Hedge Against It?
When it comes to investing in fixed-income securities like bonds, many people assume they are a…
3 min read
What is Arbitrage Fund?
Investors often seek safe and consistent options for parking their money, especially in volatile markets. One…
4 min read
What is Gold ETF? How does Gold ETF Works?
Gold, one of the world’s oldest assets, continues to capture the imagination of investors in the…
Discover your MoneySign®
Identify the personality traits and behavioural patterns that shape your financial choices.
Frequently Asked Questions
What is financial planning?
Financial planning is the process of evaluating your current finances and making a plan to map your journey to financial well-being.
It involves looking at all aspects of your financial life - income, savings, debt, investments, etc.
The aim is to understand where you stand today financially and then chart a course to get you where you want to be in the long run.
Financial planning provides direction and structure to your finances. It helps you intentionally move toward financial wellness.
The plan equips you to prepare for expected life events like retirement as well as unexpected events.
In short, financial planning bridges your present circumstances to your desired financial future. It gives you a path to follow.
What are the benefits of working with a financial advisor?
Working with a financial advisor can provide an invaluable perspective on your current situation. With the help of a financial advisor, you can assess your finances holistically - debts, assets, income streams, and more. With this comprehensive understanding, the advisor helps craft strategies tailored to your needs.
A financial plan crafted by a qualified advisor grants you agency over your financial life. It transforms vague anxiety about the future into proactive preparation. With expert guidance, you can map out actionable steps to strengthen your finances over time.
Why is financial planning important?
Financial planning is important because it provides clarity and control over your finances.
Having a financial plan helps you:
- Understand where you stand financially today
- Map out specific steps to improve your financial situation
- Prepare for major life events like marriage, child’s education, retirement etc.
- Budget effectively and evaluate your investment portfolio
- Strategic Tax Planning & Filing
- Manage and reduce debt
- Being financially ready for emergencies
- Creating a will to preserve your legacy
In short, financial planning is essential for financial stability and peace of mind. It gives your finances direction and purpose. With proper planning, you can take charge of your money and build financial security.
