Smart Money July 16, 2022
National Pension Scheme #NewbieInvestor
Are you a Newbie in the financial world and want answers to the basic Qs on National Pension Scheme? Here you go! What is NPS? National Pension Scheme (NPS) is a pension cum investment scheme launched by the Government of India to provide security at the time of retirement to Citizens of India. It brings […]
Smart Money July 15, 2022
About 50% of mother’s key goal for investment is Child’s Education
Moms! Never cease to surprise us. They work so hard to ensure their kids get the best of everything, especially education. So LXME brings you the easiest route to plan for your child’s education – Try our newly launched calculator that shows you how much you would need for your child’s education and invest in […]
Smart Money July 14, 2022
Here is why you can trust LXME with your conversations and your MONEY! Read More
Welcome to LXME, India’s 1st NeoBank in the making exclusively for women, offering savings, lending and investment services to enable women to be financially independent. LXME is spearheaded by MD & Founder, Priti Rathi Gupta, Co-founder & CEO, Jasmin B Gupta and Co-founder & COO, Ridhi Doongursee. The LXME App is a safe place for […]
Smart Money July 13, 2022
The Savings and Investment Challenge!
Hey Lovely Ladies! Last year was all about My 66K Challenge where you learnt how to save your money. This year, it’s time to level up!We bring to you ‘The Savings and Investment Challenge’! Don’t just SAVE your money but GROW it instead to achieve your Financial Goals. 3 things you need to participate in […]
Smart Money July 3, 2020
Will the 0.005% Stamp Duty affect YOUR MONEY in MUTUAL FUNDS?
Investor Alert: Beginning 1st July 2020, a stamp duty of 0.005% would be levied on all mutual fund purchase transaction, in accordance with the orders issued by the Government of India. Bottom line: If you invest in mutual funds for overnight or small durations such as few days to few weeks, then yes, you will […]
Smart Money April 16, 2020
Why are so many people investing into mutual funds currently?
SIP Inflows touch all time high despite market decline in March 2020 Investments in mutual funds through SIP touched an all-time high of ₹ 8,641 crore in March 2020 as per latest AMFI data. This, despite an over ~30% decline across the broader stock market during the month. Retail investors continued to invest in the […]
Smart Money April 8, 2020
Trying to time your investments? Here are some tips.
If you are focusing all your energy, trying to find that right moment to invest, here is a simple tip- Start investing right now! You don’t need to time the market to grow them. Having financial goals and beginning your investments early, gives you the advantage of staying invested long term instead of waiting and […]
Smart Money April 2, 2020
What are emergency funds and why should everyone have one?
Emergency funds, as the name suggests is your safety net against financial disruption. This disruption could be as a result of a medical emergency or illness, job loss, or any untoward accident which results in loss of regular income. Why are emergency funds the first goal of a good financial plan? The idea of creating […]
Smart Money March 28, 2020
Stock Markets: An overview on the crisis and recoveries from the past
The fear of coronavirus outbreak and its impact on the global economy, has had a crushing impact on the global stock markets. In what could be termed as the worst week for stocks after the 2008 financial crisis, investors instantly became sellers as the fear of a global pandemic spread. But market crashes are not […]
Smart Money March 27, 2020
Riding the stock market roller coaster
Markets are risky! Markets fell by 10% today! Markets have risen by 8% yesterday! These statements will not worry you if you are a disciplined investor. How do you become one? The three basic fundamentals of investing are: Decide a time frame/goal of investing Devise an apt strategy- emergency fund, suitable instruments, diversification and indicative […]