Quite a few of our members start by thinking that Scripbox is meant “only for beginners”, but as they get a better understanding of how our service works, they recognize that Scripbox does in an automated manner, what they would do on their own - minus the effort.
Wealth CreationAll about creating wealth and growing it These articles will help you take a holistic view of your wealth and learn about the best way to grow it.
Q: My debt funds seem to have crashed. I understand some RBI policy could have impacted. But please explain it. Scripbox: Debt funds are fixed income instruments like Bank FDs. However, the difference is that while on an FD you earn regular and predefined interest every quarter, in debt funds your return comes from an increase in the value of the fund over time.
Yes, you read that right! A crore of rupees and that too by ‘saving.’ Everyone will tell you that you can’t save a crore – you must make it by doing some sort of business. Or, as several commenters, on our twitter stream and blog believe – by wrongful means. The disbelief is not unreasonable. After all, only a mere 0.3% or one third of one percent of Indians – can lay claim to having more than 60 lakhs in total assets (and not in financial assets but a mix of real estate, gold and financial assets).