Sometimes solutions to most complex problems are pretty simple. However, we fail to appreciate the power of simplicity. In the world of wealth creation too, simplicity can make wonders. In today’s interconnected world, where financial markets are influenced by global events and technological innovations shape investment strategies, Systematic Investment Plans (SIP) stands out as a […]

As the month of March unfolds and the financial year inches towards its closure, taxpayers across the nation are diligently exploring avenues to optimize their tax-saving strategies. There are various options available for the same like ELSS, Public Provident Fund (PPF), National Pension System (NPS), and Tax Saving Fixed Deposits (FDs), etc. ELSS, a category […]

Dear Readers, As an Investor, you must have come across the term ‘Hybrid Mutual Fund’, which are said to provide returns higher than Debt Funds and slightly lower than Equity funds. As per the SEBI circular in 2017, Hybrid funds were re-categorized in six different categories, one of them being ‘Conservative Hybrid Fund’. Well, today […]

Dear Readers, As an investor of Mutual Funds, you must have come across the term “Direct Plan” and “Regular Plans”. But do you the difference between the two? Ideally, they both are same schemes, however, the difference lies in the ‘advisor/ broker’ factor. Well, today we at Richvik, present a small article on- Regular Plans […]

Dear Readers, As an existing investor, you must have come across the terms Open ended and close ended Mutual Funds, but do you really know the difference between them? Well, Richvik presents a small article on difference between Open Ended and Close Ended funds. Thus, there is no major difference between open ended and close […]