Recently,National Housing Bank – NHB – Regulators of Housing Loan companies – allowed companies to accept public deposits of tenure up to 10 yrs.Earlier Capping was up to 07 yrs only.This new directive have allowed Housing Finance Companies to add few more products alongwith ongoing Fixed Deposit schemes. Recently,HDFC launched new FD products like Double…
Overview Of Children’s Plan Offered By – Mutual Funds
In general,Child plans are inventions of insurance companies but there are certain mutual funds also which offers – children targeted plans.Children plans are typically Hybrid plans – either Equity oriented or Debt oriented with longer term approach.Generally Child is beneficiary and such plans offers few additional benefits for parents through Group Insurance – like term…