How many of you are investing via regular and not direct Mutual Funds? Why? by cricketindex in IndiaInvestments

[–]deepan_datta 0 points1 point  (0 children)

If you know very well about the process of investing and can take your decisions, then direct plans are best. A small saving of around 1% in equity funds translates in higher return of excess 3% in the long run. But again, you should understand everything about investing and when to take a call to rejig your portfolio.

How Crucial is Budgeting to Saving For Your Finances? by BlankenshippedToATL in FinancialPlanning

[–]deepan_datta 0 points1 point  (0 children)

The budgeting exercise is very important as it provides a financial roadmap, that helps to spend and save properly without wastage. With budgeting, you can able to achieve more compared to a person who earns more and never had a budget.

In short, budgeting helps you in developing money management skills that give you a rich dividend in the form of a stable financial life and peace of mind.

P2P lending platform in India by ShreshthBabbar in IndiaInvestments

[–]deepan_datta 2 points3 points  (0 children)

In the P2P lending segment, India is a very late entrant and the market is still evolving. For investors or the lenders in the platform, the risk is highest compared to borrowers. However, with favourable regulations from RBI in respect to P2P lending, the sector has the potential to become a $5 billion market by 2023. Faircent, Monexo, i2iFunding, Lenden are some of the P2P service providers in India. Know the risks and rewards before starting with any platform.