Financial planning keeps you ready for reservations so that financial emergencies do not disrupt your savings or affect your living standards. Hence, the import of financial planning is the clarity it gives on managing your money effectively and improving your financial security.

The benefit of SIP ensures that the cost of purchasing mutual fund units averages out over the tenure of the tenure of the SIP. You do not have to concern about how to time the market if you are investing through SIP and this is one of the key benefits of SIP investments.

A small case is a portfolio of stocks/ETFs representing an idea – an objective, theme, or strategy. For instance, sectoral small cases enable you to track and invest in specific sectors, such as Auto, FMCG, Metal, IT, and more.

In a simple word, bond is aact as a contract between the investor and the borrower. Generally companies and government issue bonds and investors buy those bonds as a savings and safety option.

It helps cover the high costs of medical care, protecting individuals and families from financial hardship due to unexpected medical expenses.

It provides a financial safety net for your family or dependents in the event of your death, ensuring they can maintain their standard of living and cover essential expenses.