Niyo plans to apply for mutual fund licence; aims to double user base by end of FY22Niyo had had last year announced the acquisition of Goalwise, an MF distribution platform. The company already distributes insurance polici...
26 Mar, 2021, 10.22 AM IST
Fintech startup Niyo rolls out ESOP buyback planThis programme announced today will benefit over 100 employees who have completed two years in the company.
09 Dec, 2020, 12.59 PM IST
Niyo rolls out salary hikes, bonuses, ESOPs to employeesThe company recently hosted Home-a-thon, a virtual hackathon event, to encourage employees to make the most of the lockdown and focus on in...
30 Jul, 2020, 04.19 PM IST
Digital banking platform Niyo acquires Goalwise in cash and stock dealThe Goalwise founding members will join Niyo’s leadership team and will be running Niyo Wealth as an independent vertical within Niyo.
28 Jul, 2020, 05.57 PM IST
What is the best way for a graduating student to invest his monthly surplus savings?Mutual funds give you the flexibility of investing in various asset classes like domestic equity, international equity, gold or debt with a...
06 Jul, 2020, 12.13 PM IST
I am 37 and can invest Rs 30,000 per month in mutual funds. Which index fund should I invest?You can select an index fund which has a low expense ratio and low deviation from benchmark returns. HDFC Index Fund Sensex Plan and Motila...
08 Jun, 2020, 01.14 PM IST
I earn my income through mutual fund dividends which have stopped. What should I do?Mutual fund dividends are not fixed in amount or frequency. It is at the discretion of the fund manager.
02 Jun, 2020, 04.09 PM IST
I am 25 and earn Rs 4.8 lakh per annum. Where should I invest Rs 10,000 for the next seven years?You should consider the risks and only if you are comfortable, you can invest in large-cap funds like the Axis Blue Chip Fund and in low-co...
18 May, 2020, 04.15 PM IST
Can you open both Sukanya Samriddhi Account and PPF account for your minor child?Your PF, existing mutual funds, fixed return schemes and stocks will help you increase your overall capital over time. Increased capital ca...
06 Jan, 2020, 10.57 AM IST
Should you invest your surplus money in mutual funds or use it to prepay home loan?If you already have enough savings, then given that your home loan interest would be in the 9-10% range and investments in equity funds hav...
23 Dec, 2019, 06.30 AM IST
What is the maximum age limit to open a PPF account?The lock-in period for PPF account holder remains at 15 years irrespective of the age at which you open the account. On maturity, the accou...
02 Dec, 2019, 10.55 AM IST
How to invest Rs 40 lakh in mutual funds to get annual income and Rs 1 crore at the end of 15 years?Our suggestion is that you invest 50% in quality equity funds such as Mirae Asset Largecap, Parag Parikh Long Term Equity and ICICI Pru Nif...
18 Nov, 2019, 06.30 AM IST
I will retire in 10 years and I want to put money in equity mutual funds. Where should I invest?If the fund is a top-rated one, then consider averaging as this is a good time to lower your cost. In general, do not enter any equity fund...
05 Nov, 2019, 09.14 AM IST
I have been investing in mutual funds via SIPs. Should I make any changes in my schemes?" Even though you are investing for 10-15 years, you need to periodically re-evaluate your investments to ensure that you are not stuck wit...
15 Jul, 2019, 12.42 PM IST
I don't plan on working again. How long can I keep money in my EPF account?Usually, an EPF account remains operative till the beneficiary turns 58. However, there are certain tax implications that one must be aware...
20 May, 2019, 11.42 AM IST
My parents are 45 years old and want to buy a term plan. Should they also buy health insurance?Even if your parents are covered by group health insurance, they should buy a standalone cover as it will ensure lifelong protection.
13 May, 2019, 11.24 AM IST
Organize your investments with GoalwiseGoalwise is a goal-based online investing platform. Users just have to tell them their goals and the platform will create, execute and mana...
02 Aug, 2016, 04.59 PM IST