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Category Archives: Product Review

Recently launched Pradhan Mantri Schemes


Over the last couple of months most of us are likely to have heard of the  recently launched low cost Pradhan Mantri Schemes, thanks to the huge publicity through advertisements, hoardings and our personal bankers sending us emails on how to avail of these. Though most of these are low premium, low benefit schemes primarily targeted at the lower income group, it is open for all. If one does not need these for himself or herself, he or she can help their domestic helps/workers and businessmen can encourage their employees to subscribe to these. More details as follows-

Pradhan Mantri Jeevan Jyoti Bima Yojana Continue reading →

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Sukanya Samriddhi Yojana for the girl child


The Sukanya Samriddhi Scheme was launched in January 2015 by the Indian Prime Minister under the “ Beti Bachao, Beti Padhao” initiative of the Government of India. The objective of this scheme is to financially secure the future of the girl child – who is still considered a liability on parents in many sections of our society.

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Product Review – Long term tax free bonds


Currently, the market is flooded with a host of tax free bonds of 10 year and 15 year duration. There are as many as nine such IPOs which are on. All from government companies with a high safety rating and low credit risk –

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Rajiv Gandhi Equity Savings Scheme (RGESS)


Budget 2012 had proposed introduction of a new tax saving scheme called the Rajiv Gandhi Equity Savings Scheme (RGESS) for investors with an income below Rs 10 lakh per annum, to be effective from the financial year 2012-2013 relevant to the assessment year 2013-2014. This scheme has been approved and the features of the scheme are as follows:

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Shriram City Union Finance secured NCD public issue


Shriram City Union Finance, an NBFC, has come out with a secured NCD issue which is open from 12th Sept – 26th Sept 2012.

What are secured NCDs and how safe are they?

NCDs stand for Non-convertible debentures are debt instruments issued by corporates and NBFCs (Non Banking Finance Companies) and they are secured by a charge against the companies’ assets. This means that in the event of liquidation of the company, the claims of NCD holders will be given preference over the unsecured asset holders like the share holders.

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Product Review: Reliance My Gold Plan (RMGP)


Reliance Gold in association with the world gold council has come up with a new product offering- a gold plan to accumulate physical gold through monthly periodic payments.

Target Segment-

People who want to accumulate gold for their personal use.

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Product Review : Birla Sunlife Recurring Savings Plan


Birla Sun life Mutual Fund has launched a recurring savings/systematic investment plan which also offers an optional free life insurance cover to the investors, the amount of which is determined by their regular installment amount.

About the scheme:

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