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Choosing a Health Insurance Plan for Your Family: What You Need to Know?

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  If the Covid-19 pandemic underlined anything, it was the importance of having health insurance coverage. Health insurance has always been available, but its importance has expanded in the aftermath of the pandemic. Most people have suddenly realised how important it is, and the demand for health insurance has surged. Even if we disregard the psychological impact of the epidemic, a health insurance plan is a requirement for your financial preparation.  Why Should You Get Health Insurance? The main cause is an increasing number of lifestyle-related diseases and associated expensive treatments. In addition to illnesses, there's always a risk of accidental injuries and other unexpected medical contingencies. When faced with a medical emergency, the financial burden is serious, especially since such circumstances cannot be postponed or ignored. Mounting medical expenses can strain one's finances, affecting long-term financial goals. This is worsened by the ongoing growth in medica

Riding the Wave: Exploring the Surge in Equity Mutual Funds

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  Introduction: The profits collected in the previous few years have made equity mutual funds more appealing. Mutual fund investors are flooding the market. When examining the rise in mutual fund folios during the previous year, the magnitude of the growth in new investments becomes apparent. In the fiscal year 2017–18, mutual funds added 1.6 crore investor accounts, bringing the total to over 7 crores. This is a significant increase from the folio additions of 59 lakhs in FY2015-16 and over 67 lakhs in FY2016-17. During FY2017–18, retail investor accounts increased by nearly 1.5 crore, reaching 5.94 crore. New and inexperienced investors are adding to the pool of retail investors who already invest in mutual funds. Are the influxes of new investors familiar with market volatility? Or will we observe money leaving the market as soon as it has a correction? In the face of volatility, ordinary investors may withdraw money if left to their behavioural biases. Avoid being seduced by the pe

Common Mutual Fund Mistakes To Avoid For First-Time Buyers In India

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  Do you intend to invest in Indian mutual funds since Sachin Tendulkar advised you that it is a "good thing"? It indeed is, as long as you have chosen the best mutual funds to invest in . And even before that, you must create an "investment objective. Wonder what that means? Trust the professionals when they say that while you are investing to grow your money through mutual funds, the technicalities of the procedure may simply overwhelm you. InBest Mutual Fund Distributors in Kolkata advises passionate investors as well as the general public to be aware of "what not to do in mutual fund investments" in a bid to streamline the proper course of action. A Brief History of Mutual Funds And It’s Position in India The ease, flexibility, and benefits of diversification make mutual funds the most widely used form of pooled investment. Individuals can now start investing in MFs with as little as Rs. 100 thanks to India's over 44 registered mutual funds, which offe