As mutual fund houses do not incur distribution expenses in direct plans, such plans have lower operating expenses than regular plans. The lower expense ratio of direct plans translates into higher returns for investors
There is a distinction between debt, some types of debt are not bad and are often necessary at times but there are signs that are typical of unhealthy personal finance and the possibility of falling into a debt trap
If the ruling dispensation manages to make a comeback as per the general consensus, the market is expected to rally, however, if there is a negative surprise in store the markets can witness sharp corrections at-least in the short term
It is important to note that if the taxable income exceeds INR 5 lakh, after claiming all the tax-saving deductions, then one has to pay income tax as per the existing rates
In addition to allowing individual's access to personal loans, players in digital lending have also expanded their customer base and their loan portfolios