EPF Advance- Should you withdraw from your PF account?
Discover how you can tap into your Provident Fund (PF) to meet financial requirements and handle unexpected situations. Get insights into the process of EPF advances and make well-informed choices about managing your PF savings. Read ahead to explore the available options. Retirement fund body Employees’ Provident Fund Organisation (EPFO) has allowed its members to […]
What if you got paid for every cup of coffee you made? Would you invest your earnings?
How often and for how long have you been making a cup of coffee? Months, years, or probably decades? Now, imagine if you got paid for every cup of coffee you made. If a simple cup of coffee was chargeable and you were able to earn an income from it, would you go ahead and […]
Process for KYC registration and Account Opening on the LXME App
Since the year 2004, KYC guidelines have been put in place by the Reserve Bank of India. The Prevention of Money Laundering Act requires banks, financial institutions, and intermediaries to ensure that they follow certain minimum standards of KYC to verify both the identity and address of all customers who are to carry out any […]
This Diwali, Invest in Gold Smartly!
Traditionally, women love to buy gold on the occasion of Dhanteras or Diwali. Till now, you might be investing in gold physically but not this Diwali!! Let’s invest smartly this Diwali!! Gold may not be a great builder of wealth but its ability to maintain value over centuries makes it remarkable. But does this mean […]
Direct vs Regular Mutual Funds: Best Mutual Fund for You
So what’s the buzz around Direct vs Regular Mutual Fund? If you’re an investor or are thinking about investing in mutual funds, we bet you’ve been subjected to an overload of welcomed or unwelcomed, legit or unsolicited advice on direct and regular mutual funds. So, what’s going on? Mutual funds are a popular investment choice […]
What is Asset Allocation and Why It Matters
Embark on a journey of financial wisdom with our latest LXME blog, shedding light on the pivotal concept of “Asset Allocation.” In the realm of right financial planning, understanding how to strategically allocate your assets is paramount. Join us as we explore the nuances of creating a diversified portfolio, the cornerstone to sound financial decisions. […]
Portfolio Management Service #NewbieInvestor
Are you a newbie to the world of financial management and want answers to the basic questions on Portfolio Management Service? Here you go! What is Portfolio Management Service (PMS)? A PMS is essentially provided by licensed stockbroking companies where money managers of PMS, that are experts in the stock market, offer services to their […]
Portfolio Management Service #AdvancedInvestor
If you have read the first two blogs from our PMS series, you know almost everything about it already. If you still want to learn more, check this out! What are the parameters to evaluate PMS? – Portfolio Manager’s experience – Portfolio Manager’s Fee – Portfolio Manager’s Customer Base – Portfolio Manager’s Investment Strategy – […]