Beruflich Dokumente
Kultur Dokumente
20
BEST
FUNDS
TO BUY
1 Year
3 Year
5 Year
3 Year
5 Year
1 Year
3 Year
2.85
19.71
10.56
8.04
29.33
16.05
10.54
21.93
--
-0.03
19.4
11.18
8.3
28.8
17.41
8.81
21.12
12.45
2.76
18.1
--
8.6
23.5
11.52
7.5
20.88
14.16
1 Year
Hybrid: Equity-Oriented
5 Year
Debt: Income
15.82
33.98
22.16
7.17
29
18.63
11.15
10.22
9.97
6.69
33.3
18.28
-3.95
23.98
14.44
11
9.2
9.93
11.57
31.8
17.43
8.53
23.87
11.08
9.95
--
--
22
return in
past 3 years
Give your child a headstart in investing by teaching her the basic financial concepts
UMA SHASHIKANT
CHANDRALEKHA MUKERJI
NEHA CHAUDHARI
18 years
APARNNA J.N.
16 years
SIDDHANT BHARDWAJ
Kolkata, studying in Class X.
Topped the NFLAT exam in the
East zone in 2013.
ANIRUDH ROY
16 years
Awareness of these basic financial concepts will ensure that when she starts her career,
your child wont repeat the investing mistakes you may have committed
How budgeting
can help you
live within
your means.
Problems
associated
with taking
more debt
than you can
afford.
Benefits of
saving for
goals and
how
compounding
can work
wonders in
the long
term.
INTERMEDIATE
KNOWLEDGE
Basics of how
banking
works. Types
of accounts,
rules and
regulations,
cheques,
credit and
debit card and
online usage.
Importance
of protection
against
unforeseen
crisis. Types
of insurance
covers and
how they
work.
Basic investing
options
available to
retail investors,
including bank
fixed deposits,
recurring
deposits and
small savings
schemes.
ADVANCED
SKILLS
Difference
between
simple and
compound
interest and
how it works
in cumulative
and noncumulative
deposits.
Basics of
how mutual
funds work
and the
benefits they
offer such as
diversification
and expertise.
BROUGHT TO YOU BY
Basic
knowledge
of how stock
markets work
and impact
other
investments
such as mutual
funds and
Ulips.
THIS WEEK
The card issuer offers the option to convert the dues to loans
either at purchase, or at a later date when outstanding is
overdue, depending on the credit history of the customer.
SMART THINGS
TO KNOW
COVER STORY
Now on
Android
& iPad
STAY UPDATED
WITH THE SIMPLE WAYS
OF MAKING MONE Y.
Understanding
the charges
of various
investment
options,
including
insurance
plans, Ulips
and mutual
funds.
The Economic Times Wealth is available every Monday. SMS ETW to 58888 to book your copy.