The Vibe Journal: Finance Blogs

When you start exploring investments, mutual funds often come up as one of the most popular options. A key concept to understand here is NAV (Net Asset Value). NAV represents the per-unit value of a mutual fund scheme. It tells you how much each unit of the fund is worth on a given day.  For …

If you’ve ever researched mutual funds, you might have come across the term AUM meaning Assets Under Management. Simply put, AUM is the total market value of all the assets that a mutual fund scheme manages on behalf of its investors. This includes stocks, bonds, cash and other securities.  Many investors often ask: ‘Is a …

One of the greatest features of a fixed deposit is its flexibility. Based on your monetary goals, you can either book a short-term FD or go for a long-term FD. This versatility makes it a suitable option when you are aiming to diversify your portfolio with a low-risk investment.  A long-term FD will help build …

With a joint bank account, multiple individuals can manage finances jointly, which simplifies management and makes it easier to track spending. You can open a joint bank account online with anyone you prefer. It can be your parents, your spouse or your business partner.  With a joint account, you can save for common financial goals …

If you’re wondering how to secure your child’s future, opening a minor account online is a simple and smart choice. A minor account opening online lets you build savings for your child’s education, dreams, and unexpected needs while teaching them about money management early on.   Many banks and financial institutions now offer convenient online processes …

Are you interested in switching bank accounts? All banks offer different kinds of benefits to their customers, which give you the liberty to choose your preferred options. If your current bank is not giving you the services you want, then swap your bank account. Switching to a bank with all the facilities you need can …

When it comes to buying a smart TV, price may be one of the first things on your mind. However, you should also look at audio-visual specifications, size, resolution and more before making a final decision. Upgrading to a smart TV is now a must as all the devices are becoming smart in this digital …

Do you want to transfer car ownership but have an existing car loan. The good news is that you can transfer your car loan as well. A few simple steps will allow you to transfer your loan to the person buying your car. Getting a loan to buy a car is quite common. There may …

Understanding the meaning of token money is vital if you are planning for real estate purchases and others. It enables you to formalise a transaction by transferring a small amount to the seller’s account.  This procedure can be recorded as an agreement in your deal with the seller. While it is not a compulsory process …

Allocation of assets should be one of the most important aspects when you are planning to invest. It simply means how you decide to divide your portfolio among different assets to gain maximum returns. You can choose your investment path based on: If you aspire to be a long-term investor, correctly allocating your assets is …