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Property papers lost ?  Property registration papers are essential documents that establish your ownership. Here’s what you should do if you lose them. Property document, such as registry papers, title deed, power of attorney, and so on. Are the legal documents that specify the ownership rights of a person on a particular property. These documents are also require for various other purposes, such as for transfer (selling of the property), gifting or mortgaging. However, if your property paper is lost or damage, you need not worry. You can obtain, what is known in real estate circles, as a true or certify copy from the sub-registrar. These copies will allow you to do almost anything that the original papers would have allowed you to do. Here is what a True or Certified copy is and how you can obtain it.  What is True or Certified copy? As the name suggests, a True/Certified copy is a duplicate copy of the original documents, certified by the competent authority. “A true copy – if certif

Equities may give higher returns than debt over the long term. Financial advisors recommend investing in equity for wealth creation. But that doesn’t mean that fixed income investments have zero role to play in your moneybox. “When I can get 10-12 percent (or even 15 percent) from investment in equity, then does it make sense at all to invest in debt; at least, for the long-term goals?” This is what a friend asked me recently. It is indeed an interesting way to look at investing when all of us know that equity gives high, inflation-beating and the most tax-efficient returns, in the long run. But does it mean that we put all ‘investment’ eggs in just one basket — equity? Let’s try and answer this dilemma in two parts here: Is it okay to invest 100 percent of your money in equity? or Is it okay to invest 100 percent of your money in equity at least initially and then reduce the equity allocation later? But first, let’s talk a bit about short-term goals. Equities for short-term goals coul

Equity mutual funds have closed the financial year 2022-2023 on a mixed note. Equity schemes of Indian mutual funds saw net inflows of Rs 28,463 crore in March 2022 compared to net inflows of Rs 19,705 crore in the previous month. The overall assets under management remained almost flat at Rs 37.56 lakh crore as on March 31, 2022, due to outflows from bond funds. Systematic investment plan (SIP) has been a preferred means for investing in mutual funds especially in equity funds for most individual investors. SIP contribution for the month of March 2022 was recorded at Rs 12,327 crore compared to Rs 11,438 crore in the previous month. The number of SIP accounts has gone up to 5.27 crore in March 2022 compared to 5.17 crore in February 2022. Index funds have seen net inflows of Rs 12,313 crore in March 2022 compared to net inflows of Rs 5,747 crore in the previous month. All open-ended equity scheme categories have seen net inflows in March 2022. A large chunk of money however came throu

  LIC is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products. As of 30 Sep 2021, it has a total AUM of Rs. 39 lakh crore. LIC operates through 2048 branches, 113 divisional offices, and 1,554 Satellite Offices. It operates globally in Fiji, Mauritius, Bangladesh, Nepal, Singapore, Sri Lanka, UAE, Bahrain, Qatar, Kuwait, and the United Kingdom. Key positive factors LIC is a part insurance and part investment products company . Their plans are a combination of insurance and investment with a guaranteed return. LIC has over  13.5 lakh agents  who play brings most of the new business. LIC plans offer ‘fixed returns’ along with life insurance coverage. This makes it easy to sell by agents and brings peace of min