Personal Money Management

Financial middlemen(agents/distributors) often walk away with a large chunk of your investment as commissions. Which investment products from the ones below do you suppose have the highest percentage of middleman commissions?

• ULIPS & Endowment Life Insurance Policies

• Aggressive, or Hybrid Mutual Funds

• Exchange Traded Funds

• Term Life Insurance Policies

Which investment among these do you suppose has consistently provided the highest long-term returns in India?

• Apartments by reputed builders in Metro cities

• Independent Houses and Plots

• Stocks and Equities

• Gold Schemes run by reputed Jewelers

Say you decide to invest in a mutual fund. Which channel from these below will allow you to generate better returns from the same mutual fund?

• A De-mat account from

• An Online investing Platform like Scripbox or Upwardly

• An AMC Website

• A Fee-based Financial Advisor

The money you withdraw from your Endowment policy after the 3 yrs lock in period is Tax Free

• True

• False

Mutual funds may invest in both equity or debt, based on its investment mandate.

• True

• False

Real-estate investments are high on liquidity and returns.

• True

• False

Future value in time value of money

• Finds out the final value of an investment at a future point of time

• Uses compound interest to calculate the future value

• Both of the above

• None of the above

You should invest all your money in a single type of mutual fund to get maximum return in your portfolio.

• True

• False

The value of ₹2 crore today is less than the value of ₹2 crore after 5 years

• True

• False

What you'll do if you come across an event of an extended illness or loss of job?

• I will dip into my savings whenever the need arises.

• I will take personal or Credit card loan to cover all expenses.

• I will use the separate emergency fund covering 3-6 months’ equivalent of expenses.