Gupta Investments Financial Services Private Limited

Life insurance is often overlooked but should be part of your financial plan. Any type of life insurance can provide you the peace of mind that your family will be stable financially even if you pass away. However, generally speaking, the more life insurance you have, the more advantages it will offer your family in times of need. For instance, some individuals acquire a little sum of life insurance through their place of employment, let's say Rupees. 1,00,000. Although in theory that sounds like a good lot of money, in reality it could only be sufficient to pay for a few mortgage payments and some forbidden costs. However, if you have additional coverage, your family will be able to benefit from even more things, like:  • Income replacement for years of missed wages • Repaying other debts, such as credit card balances, auto loans, and school loans • Assisting with other responsibilities, such as caring for aged parents, or providing money for your     children's col...

Mutual Fund Nomination. Why is it significant? Starting an investment requires time and money, and the reason we put out the effort is to reach our financial objectives, which may include funding our child's education, their marriage, or even our own retirement. Mutual fund nomination By designating a nominee, it is simple to transfer the units of a mutual fund investment to that person after the investor's passing. Nomination is the process of designating a person to manage your assets in the event that something untoward happens to you. Anybody might be a nominee—a relative, a friend, or an acquaintance. Make sure to choose a trustworthy successor to manage your finances. As a mutual fund investor, you should be aware of the following: You may register up to three nominees in a portfolio, including a minor (a person under the age of 18). You can designate what portion of the total you want to give to each of them. If you don't, your investments are split e...

Personal Accident Insurance Personal accident insurance covers not only the unfortunate events that result from accidents, but also the loss of income as a result of the accident. This insurance covers any unfortunate events caused by road, rail, and air accidents, collision, fire, explosion, and others. The insurance also compensates you financially if you are disabled as a result of the accident and are unable to work. As a result, the insurance provides monthly income to assist you in carrying on with your life. This insurance is also available as a rider to life insurance. However, in this case, the policyholder will not be able to enjoy all of the benefits provided by a standalone policy. Types of Personal Accident Insurance Individual Personal Accident Cover: The first is intended for individuals and provides more coverage than group insurance. It covers not only death as a result of an accident, but also short- and long-term disability as a result of an accident. Grou...

Given the increasing degree of uncertainty in today's life, having a life insurance plan is crucial for effectively handling an unexpected incident. However, as a general rule, it is essential that everyone comprehend the plan. By doing this, you can make a risk-free purchase and maintain your peace of mind by knowing that a life insurance plan will provide you with the necessary coverage. New Jeevan Anand LIC provides an endowment plan called New Jeevan Anand. It is a participating non-linked plan that provides both savings and protection. When the insured survives to the end of the policy's term, a lump sum payment is given, and the policyholder receives ongoing financial protection against death. Through the use of loans, this method addresses liquidity concerns. The New Jeevan Anand Plan's features include: 1. Simple reversionary bonuses that have already been vested are provided as part of the death benefit in the form of a sum promised. 2. It offers to receive...

With the Child Education Plan, you may plan the direction of your assets while keeping in mind the financial needs of your child for higher education. A lump sum investment or regular instalments can be made, depending on the corpus needed and the time frame available. Why are you investing? Planning your investments requires knowing why you want to invest and your financial objectives. Additional financial needs may be linked to various objectives. They may also have varied tenure requirements for fulfilment, and hence, varying risk tolerances. As a result, you must make a list of your motivations for starting to invest. You can make sure that these financial objectives are time-bound, specific, quantifiable, attainable, and practical when you list them. Inflation is a further crucial factor to think about. Your ambitions become more valuable over time. Due to inflation, money loses value over time. Therefore, when setting these goals, you can take into account the potential...

FDs are one of the most well-liked types of investments. A corpus is parked in an FD account, where it earns interest at a fixed rate. Your returns are dependable because the interest rate on FDs is fixed.   Types of Fixed Deposits Standard FDs For a fixed duration that can be anything from seven days to ten years, the investor parks his money in this FD account. The interest rate is higher than a typical savings account because it is fixed and predetermined. You can use conventional FDs as collateral for loans and overdrafts. You can also take a withdrawal before the account matures, but there will be a fee. Tax-Saving FDs These FDs have a five-year lock-in term that is required, thus early withdrawals are not permitted. Additionally, there are no loan or overdraft options for tax-saving FDs. However, section 80C of the Income Tax Act allows you to request tax exemptions of up to Rs 1.5 lakh. Senior Citizen Fixed Deposit Scheme A term plan with special interest rat...