What is Udyogini Scheme? Features, Eligibility & Documentations
Financial assistance has the power to transform a woman’s life, especially an underprivileged woman. This is why the Women Development Corporation offers a scheme called Udyogini Yojana to provide women with monetary help in setting up their business. What is the PM Udyogini Yojana Scheme? What are some Udyogini Scheme details? Let’s find out! What […]
Mahila Udyam Nidhi Scheme: Eligibility Criteria, Interest Rate & More
The Mahila Udyam Nidhi Scheme aims to support women’s entrepreneurial ventures. It is an initiative by the Small Industrial Development Bank of India and offers financial assistance to women entrepreneurs at special interest rates. Women have proven that they can do anything they set their minds to. Against all odds, women are setting up their […]
Fixed Deposit (FD) vs Public Provident Fund (PPF) – Which is Better For You?
For a woman, safety of her funds is very important. She loves the security and safety that comes with saving her money in an investment option that will give her fixed interest. Two such options available to her are: Fixed Deposits and Public Provident Fund. But, what is the difference between PPF and FD? And, […]
Open Ended vs. Close Ended Mutual Funds: What’s the Difference
Are you Surprised to know that there are different types of mutual funds? Confused about the difference between them? And wondering which one to invest in? Well, let us explain! Mutual funds are of two types: open ended and closed ended funds. As you read on, we’ll discuss the difference between open ended and closed […]
Gold Mutual Funds vs Gold ETF: Understand the Difference
The love story between women and gold is well known. For years, women have bought gold jewelry and stored them, but since then smarter and better options for gold investment have emerged, and women now have the opportunity to invest in their favorite asset with ease and without the fear of theft. Two such options […]
Mahila Samman Savings Certificate Scheme [Complete Guide]
We can all agree that women are good savers! For years, they have been saving in nooks and corners of their homes and secretly setting aside money for their dreams & goals. In 2023, the Government of India introduced the post office mahila scheme i.e. Mahila Samman Savings Scheme a woman-oriented savings scheme to encourage […]
Types of Fixed Deposit (FD) – How to Choose the Right FD For You?
All women want their money to be safe! This is where Fixed Deposits come in. But, did you know there are different types of FD account? In this blog, we’ll discuss the types of FDs available and which one is the most suitable option for a woman. What are Fixed Deposits? Fixed Deposits are fixed-term […]
Exploring Differences Between Health and Life Insurance
One of the most important parts of planning for the future is having insurance for yourself. Both life insurance and health insurance are crucial forms of risk mitigation that provide financial protection in the event of serious injury, illness or untimely death. Of course, they do this in different ways. Here are 6 key areas […]
Is it Good to Withdraw Profit from Mutual Funds?
Women invest to secure their financial future, grow their wealth, and achieve long-term goals. But when it comes to mutual funds, a common question arises—when is the right time to withdraw money from mutual funds? Investing requires patience, and while seeing your investments grow on a mutual fund platform is exciting, withdrawing at the wrong […]
What is Rupee Cost Averaging Strategy in SIP? How does it Work?
We know that investing through SIP is a good way for women to become financially disciplined. Did you also know that, by investing periodically via SIP you can reduce the risk of market volatility? This happens through a process called rupee cost averaging in SIP. But, how does this work? And how can women employ […]