Akshaya Consultancy

Savings are funds set aside for short-term needs with minimal risk, while investing involves allocating money into assets like stocks or mutual funds for potential long-term growth and higher returns.

Timing the market is highly unpredictable and risky. Instead of trying to time the market, a disciplined investment strategy with a long-term perspective is often more effective.

Gains are calculated as the difference between the sale price and the purchase price of equity funds. Additionally, factors like holding period (short-term or long-term) and applicable taxes should be considered.

Fixed Deposits are ideal for lump sum investments offering stable returns, whereas Recurring Deposits help inculcate regular saving habits with steady growth over time. The choice depends on your financial goals.

Diversification across equity, debt, mutual funds, insurance, and real estate can enhance portfolio performance. Regular reviews and balancing investments based on risk appetite are key to growth.