The money you put into an equity investment is eventually invested in the equities.
As a result, equity SIP investment plan mutual funds, or any fund having a portion of its assets invested in stocks, are exposed to the hazards of stock markets.
2️⃣Credit Hazard
All SWP and SIP Mutual Funds investors are exposed to this risk.
All you need to know about National Savings Certificate (NSC)
- Eligibility Criteria
- Min Max Deposit
- Interest Rate
- Tax Benefits
- Maturity Period
- Withdrawals
- Loan Facility
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National Savings Certificate (NSC) is a government-backed investment scheme launched on 8th May 1989 that combines guaranteed returns with tax savings.
An investor majorly faces two types of risk: market risk and company specific risk.
Market risk is certainly inevitable but non-market risk i.e. the uncertainty of a specific area of the market or specific stock can be managed through proper diversification.
Diversification basically means spreading your investments in various categories of assets, which helps earn the desired returns without exposing your portfolio to high risk.
All you need to know about Sukanya Samriddhi Yojana 👧
• Min Max Deposit
• Interest Rate
• Tax Benefits
• Eligibility Criteria
• Maturity Period
• Payment Period
• Withdrawals
• Loan Facility
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▣ SSY was created to provide girl child 👨👩👧👧 with a
sound financial future. It’s a part of "Beti Bachao,
Beti Padhao Yojana". It comes with an interest rate
of 7.6% and tax benefits under 80C of Income-tax
Act, 1961.
▣ The account can be opened by the parent or legal guardian in the name of a girl child from the birth till she is 10 and max 2 accounts can be opened.
❌If more than two daughters the 3rd account can not be opened.