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With large withdrawals and fewer contributions being made amid the coronavirus pandemic, the Employees’ Provident Fund (EPF) rates are likely to go down, experts suggest. Speculation is rife that Employees' Provident Fund Organisation (EPFO) -- the retirement fund body -- may cut interest on EPF for this fiscal (2020-21), from the current 8.5 percent. This is expected to have a cascading effect on the returns from EPF and Voluntary Provident Fund (VPF), believes Abhinav Angirish, founder of Investonline.in. VPF is an extension of EPF and investors can opt for VPF only if they have an EPF account. Additionally,   Budget 2021 levied a tax on interest income above Rs 2.5 lakh   in the case of EPF. This would further add to the woes of subscribers as interest earned on the annual EPF above Rs 2.5 lakh will be taxable. According to Angirish, VPF investors will have to assess their risk appetite and look for alternatives. Conservative investors, Angirish suggests, can park thei...

The present pandemic has made individuals aware of the importance of health insurance. There has been increasing in the purchase of health insurance and personal accident covers. However, i9t is important to educate oneself about the terms and conditions too. Each policy defines the exclusions and caps, but as a buyer, you must be aware of the co-pay and deductibles clause while purchasing insurance.  Under the co-pay clause, the policyholder has to pay a portion of the claim. The c0-pay amount is fixed and is expressed in percentage. For example, if you have purchased an insurance policy worth Rs 3 lakh, and if the co-pay clause demands 15%, then you are expected to pay Rs 45,000 while the rest is paid by the insurance company. Most of the companies usually have a co-pay clause of 10%. This is more evident in a senior citizen mediclaim policy.  What are the features of co-pay health insurance? Co-pay is the percentage of the total that the insured has to pay while raising a c...

Mutual Fund Helpline on Zee Business by Abhinav Angirish, Founder of InvestOnline.in -  https://youtu.be/aKDc7rIQ0cU #InvestOnline​ #MutualFundHelpline​​ #ZeeBusiness​​ #SWP​ #investment​ #mutualfund​ #wealthmanagement​ #finance​ #business​ #App​ #india

Last year many investors were spooked by the volatility caused by Coronavirus pandemic. While investing once has to remember that they may have to bear short-term brunt just like any business that experiences cycles of high and low. There will be a time when valuations will be tossed out like paper. The key is to stick to the investment plan in order to reap rich rewards.  Many get unnerved by volatility. Historically the bear onslaught has a very limited shelf-life. At most, most bear markets last few months. Uncertainty and investing share an eternal bond of friendship. In the long term markets always tend to be positive. Hence, every investor must think logically and not irrationally. Since 2014, markets have nearly doubled, and after such a phenomenal rise, a fall of 20%-30% should not make investor jittery. Instead of panicking and trying to fight the market, one must take a step back and let the volatility run its course.  The portfolio is a reflection of investor's aspi...