For those who wish to manage their Finances the right way
Winners do not do different things! They do things differently! Simplify data and separate signals from noise with ease!
Open an account with us in minutes. Your window to invest seamlessly in Stocks, start a SIP, Mutual Funds, ETFs, IPOs, and more.
Get StartedKnow your strengths and turn them to your advantage. Know your weakness and avoid them for your best financial future! It’s your life, your hard-earned money, and your investment!
Get StartedIt is important to know the objective and give a clear direction to your investments. A set target and a set timeline are the basics of successful money management.
Get StartedChoose from one of our scientifically curated and research-backed plans – matched with your risk profile, to meet your goals! Secret recipes for perfect life planning!
Get StartedYou are more likely to succeed when you know what you are doing and why. Bring an edge to your investments by making decisions that match your investor persona.
Insurance plays an important part in your finances. Insurance is a protection vehicle that can be used to reduce the financial impact of uncertain events on your life. These uncertain events can be death of an earning member, hospitalization, major surgery, vehicle breakdown, contracting a critical illness, accident, etc. None of these ...
Read MoreMutual Funds are a great way to invest. SIPs in MFs helps you put your money systematically into the market and benefit from rupee cost averaging. Some of the things to keep in mind while preparing a mutual fund investment plan are..
Read MoreSIP is a beneficial tool for building wealth, especially if you prefer a more disciplined and gradual approach to investing. Unlike direct equity investments, which require a considerable amount of expertise and time for research and analysis, SIPs allow you to invest regularly in mutual funds without needing to time the market or pick individual stocks...
Read MoreA comprehensive financial plan typically consists of several key components that help you manage your financial resources and achieve your financial goals. A financial plan typically contains: Financial Goals and Objectives: Defining your short-term and long-term financial goals is an important exercise in financial planning. These ...
Read MoreSome of the best investments for regular income are mentioned below. MIS (Post Office Monthly Income Scheme): A government-backed investment scheme offered by Indian Post. The interest is payable monthly, and the scheme comes with a five-year tenure. An individual can invest a maximum of Rs 4,50,000, and this limit is doubled to Rs 9,00,000 for joint accounts. Mutual Funds MIPs: Monthly income plans are mutual funds that invest primarily in fixed income with a small allocation to equity-related ...
Read MoreSome of the best investments for regular income are mentioned below. MIS (Post Office Monthly Income Scheme): A government-backed investment scheme offered by Indian Post. The interest is payable monthly, and the scheme comes with a five-year tenure. An individual can invest a maximum of Rs 4,50,000, and this limit is doubled to Rs 9,00,000 for joint accounts. Mutual Funds MIPs: Monthly income plans are mutual funds that invest primarily in fixed income with a small allocation to equity-related ...
Read MoreHaving different health insurance plans for spouses isn't ideal due to increased complexity and potential higher costs. Managing two separate policies can lead to confusion in paperwork, premium payments, and coordination of benefits. Moreover...
Read MoreAn emergency fund is an amount that you keep aside for an emergency. It can be a medical emergency, a loss of employment, not receiving salaries in due time or some sudden unplanned expense. Setting aside an adequate amount can...
Read MoreYes, a retiree should consider investing in a retirement plan, but their approach to investing should be different from that of someone who is still accumulating wealth for retirement. Retirees...
Read MoreAs a mutual fund SIP (Systematic Investment Plan) investor, your expectations should align with the fund category you've chosen. Here's what you can generally expect: If you've chosen equity funds, which are typically recommended for long-term goals, you can expect fluctuations ...
Read MoreInvesting in stocks can be a great way to grow your wealth over time. Start by gaining a basic understanding of how the stock market works. Are you looking for long-term growth, income, or a combination of both? Set specific financial goals, such as saving for retirement, buying a home, or funding education...
Read MoreRetirement planning is one of the most crucial aspects of financial planning. You can ensure a good retirement by proper planning, consistent investing, and following basic investment principles. Estimating the corpus: This is the first and foremost step you should undertake as it will help give you an approximate amount that will help you retire comfortably. A retirement corpus should be a fund to help you withdraw inflation-adjusted expenses until your expected life. Your retirement ...
Read MoreThe best investment plan for your child, especially when considering their future education expenses, should aim to strike a balance between risk and return while taking advantage of tax benefits. Here are some suitable investment options to consider: Mutual Funds: Mutual funds are an excellent choice for long-term investment goals like funding your child's education. They offer a diversified portfolio managed by financial experts, making them a relatively safer option compared to investing in individual stocks. You can consider setting up a systematic investment plan (SIP) that allows you to invest small amounts at regular intervals. It's important to note that mutual funds do carry market risk, but by regularly reviewing and managing your portfolio, you can work towards achieving inflation-beating returns. PPF (Public Provident Fund): PPF is a government-backed savings scheme that provides a risk-free and tax-efficient way to save for your child's education. The EEE (Exempt, Exempt, Exempt) tax status means that your investments, the interest earned, and the maturity amount are all tax-exempt. It's a long-term investment with a 15-year maturity period....
Read MoreIf your decision is purely based on the fact that the policy wouldn’t lead to good returns or inflation-beating returns, you can consider calculating the policy XIRR and see the numbers before deciding. Shifting would..
Read MoreYes, early retirement can indeed be achievable with smart planning. Key factors include retirement planning, consistent and disciplined investing, and proper asset allocation..
Read MorePreparing for retirement involves careful planning and consideration of various factors. The first step in planning involves understanding your present expenses and lifestyle and filtering out those that will be seen during retirement. The next step is to ascertain your retirement corpus...
Read MoreFirst, it is essential to understand one’s risk tolerance, risk ability and risk need before making investments. Understanding the risks behind your...
Read MoreThere are several types of home loans tailored to different needs: Basic Home Loan: common type of home loan to purchase a property. You borrow money from a lender for buying a home, with repayment done through monthly instalments. Typically, lenders can approve up to 80%-90% of the property's cost as a home loan, provided you meet the eligibility criteria....
Read MoreFirst and foremost, establishing an emergency fund is crucial. Before diving into investments, set aside at least six months' worth of living expenses in a liquid and easily accessible account. This emergency fund acts as a financial cushion, ensuring that unforeseen expenses or job disruptions can be managed without disrupting your investment portfolio. Next, develop a goal-setting mindset. Clearly define your financial objectives, whether they involve saving for a home, education...
Read MoreTax planning is not just paying less tax. Tax planning is associated with efficient management of taxes payable, with the right knowledge of tax laws and rules and their applicability at the right place to draw the right kind of benefits as per a suitable strategy. Tax planning can help one save taxes in legal ways and result in more and more savings, besides tax savings. We need to understand 2 things here: tax planning and tax management. Tax planning should be done ahead of earning the money. Tax management comes...
Read MoreFirstly, it's crucial to consider your asset allocation strategy. Asset allocation involves distributing your investments across different asset classes such as stocks, bonds, and cash based on your risk tolerance and investment objectives. If your asset allocation is aligned with your risk appetite and financial goals, market fluctuations may not necessarily warrant stopping SIPs altogether...
Read MoreOnce your PPF Account is opened, you'll need to ensure it remains active by depositing a minimum of Rs.500 in each financial year. This ensures your account continues to earn interest over time. PPF allows you to make contributions...
Read MoreChild education expenses can be significant for any parent. Not planning them could put any family into financial burdens later on and lead to substantial debt obligations. These expenses should be planned thoroughly and through suitable investment vehicles. Often people use products that they do not understand or products that are not meant for planning long-term goals like these. Following are some of the best investment schemes to plan your child’s expenses effectively..
Read MoreA Financial goal, like any other goal, must be Specific, Measurable, Achievable, Realistic and Time-bound. You must list out your life goals and then some homework is necessary. Please follow these steps to plan your goals:
Read MoreFinancial ratios are an essential tool to help you comprehend the company you plan to invest in. There are numerous ratios that can help you understand the functioning of various company areas. Although ratios are an excellent tool for analysis, it’s not advisable to draw conclusions by studying just a bunch of them. Ratios work best when analysing similar companies, and every ratio may not work for every company. Here are a few crucial areas and the respective ratios that any investor should consider during their analysis..
Read MoreAt the end of the 15-year tenure, you may continue your account or close the account depending upon your financial situation. PPF is an attractive risk free and tax-free fixed income option, hence you may choose to continue the account for meeting your financial goals. PPF gives you three options once you reach maturity:
Read MoreA Financial Planner can make a significant difference in your financial life by providing expert guidance and assistance in various aspects of personal finance. A financial planner:
Read MoreSIPs in a mutual fund are not about timing the market but rather about maintaining discipline and consistency in your investment approach. SIPs are designed to help you avoid the pitfalls of trying to time the market, as this often leads to missed opportunities or making decisions based on short-term fluctuations...
Read MorePersonal Finance: Personal finance revolves around managing your individual financial activities and decisions. It encompasses budgeting, saving, investing, and planning for short-term and long-term financial goals. In essence, it's about how you handle your money on a day-to-day basis, ensuring that you make sound financial choices to secure...
Read MoreEstate planning is important if you own assets and it is the process that helps you decide who owns them after you pass away. Estate planning comes to use in case of death or disability of the asset owner. Estate planning differs in various situations. Some...
Read MoreSaving more than you spend can build a solid financial cushion and improve your chances of achieving your financial goals. By consistently saving, you're building wealth over time. This can lead to financial independence. However, saving too much might...
Read MorePlanning for education costs is a critical aspect of financial planning that can significantly impact a family's financial well-being. As education costs continue to rise in India, planning ahead becomes more important than ever. Educational expenses include tuition fees...
Read MoreTo track your investments in NPS (National Pension System), you can follow these steps: · Log in to your NPS account on the official website of your CRA (NSDL/Kfintech/CAMS) using your user ID and password. If you don’t have one, you can create one using your PRAN...
Read MorePlease enter your details in the fields provided
I'm a cool paragraph that lives inside of an even cooler modal. Wins!
In case you didn’t know, you can open your account online within 24 hours. Offline account opening takes up to 4 working days. If you wish to open your account offline, fill and sign the forms using a black/blue ballpoint pen. Please fill in the email and mobile number of the applicant to avoid account opening delays.
Please enter your details and password
New to Dayco?
Please enter your details and password
New to Dayco?
Please enter your details and password
New to Dayco?
Your details were successfully received.
Our Team is working constantly on improving our user experience and your feedback really means a lot.
App Link Send to your mobile number successfully.
All your Questions have been recorded
All your Questions have been recorded
Please enter your details and password
Thank you for your response. We'll get in touch with you at the earlisest for your investment planning needs
Thank You for your interest in our Moderate Equity Portfolio. Please find below the credentials to track this portfolio:
User ID: [email protected]
Password: abcd@1234
Risk profiling is crucial for identifying and managing potential risks in investment decisions. Please carry out your risk profiling before making any investment decisions.
Please enter your details to download/print the report
Please enter your details to download/print the report
Please enter your details to download/print the report
Please enter your details to download/print the report
Please enter your details to download/print the report
Please Select an option from below
Please Select an option from below
We appreciate your interest in our services. Our team will be in touch with you shortly.
ClosePlease enter your details in the fields provided
Calculation report has been sent to your mail id successfully