Scripbox in the news
Looking ahead: What investment lessons can we learn from 2020
Despite throwing the world in disarray, the past year has taught us some valuable lessons. Let me reiterate some of the lessons that we learnt from last year and how that has shaped our thinking about the future.
This Valentine’s day, show mutual love as a couple by planning money matters together
Indian families are known to be extremely close-knit, where the needs of the family are always at the centre of everything we do and all the decisions we make. Even when it comes to finances and money matters, we tend to act in the best interest of the family, dutifully and rightfully so. With dual income households becoming the norm, couples today are better set to join forces to not only share a beautiful life together, but also ensure their financial well-being and that of their loved ones.
Explained: Why insurance is not an investment
Many people tend to equate financial planning with investments, when in fact there are various aspects of money management that the subject of personal finance encompasses. From optimising income and expenses, budgeting, to managing loans and liabilities, credit management, and of course investments and insurance.
Why you shouldn’t forget to rebalance your emergency fund periodically
An emergency or contingency fund should be used to remedy issues that affect you and your family such as a medical scare, unavoidable household repairs, sudden loss of job or salary, or something that impacts the community at large such as wars, social unrest or even a pandemic
Union Budget 2021: FinTech industry needs support, says Scripbox Co-Founder
The lockdown brought a lot of important and people-intensive sectors of our economy - such as hospitality, infrastructure, construction and automotive - to a sudden pause. So I hope there's a focus on these sectors, as well as a boost to retail and and services, for e.g., malls, restaurants and multiplex chains, as they are yet to meaningfully recover even post the last unlock.
Union Budget 2021-22: Govt needs to steer focus towards boosting savings, encourage investments
To steer the momentum in a strong and sustainable manner, the government needs to renew its focus towards a Budget that is tax-payer friendly, promotes savings
Things To Keep In Mind While Planning On Investing In Small Cap Funds
Small-cap stocks have piqued investors’ interest again after a three-year slumber. Many small-cap stocks have more than doubled since March 2020 lows, owing to the muted interest rate environment and an aggressive governmental and regulatory push to bolster the economy. A visible uptick in retail spending has also helped smaller stocks regain momentum since June 2020.
Investors should believe in the long-term nature of the markets: Scripbox CEO
In an interview with ET, Atul Shinghal, Founder and CEO, Scripbox points out that people should remain invested and keep their asset allocation in mind. Shinghal discusses personal investment strategies, expectations from the Budget, use of technology in investing and more.
Why digital channels may be the way forward in providing wealth management services
Advisory firms today are deploying cutting-edge technology to offer convenience to customers on personal financial management.
Financial reskilling for employees post COVID-19
The COVID-19 pandemic has put people’s financial plans in disarray. With uncertainty looming large, they are anxious about their financial future. Majority of the workforce in India is relatively young. They have less life experience and low levels of financial literacy. Even the older workforce, such as Generation X cohorts, are heavily reliant on fixed return instruments such as Fixed Deposits and Savings accounts, which do guarantee returns, but are not enough to beat inflation.
How will good wealth manager of future look like?
The wealth management and advisory landscape in India has gone through a tremendous transformation over the last decade and two. There has been a clear shift from just distribution of financial products to responsible goal-based advisory.
Wealth management platform Scripbox makes strategic investment in Mitraz Financial
Digital wealth management platform Scripbox has made a strategic investment in Mitraz Financial, a Sebi registered investment advisor providing personalised financial advisory services to high net-worth and ultra-high net worth individuals.