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- Diwali Bhai Dooj 2024 Financial Gift Ideas; ETF Bonds | Digital Gold ULIP Plans
5 minutes agoAuthor: Shashank Shukla
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Brother The festival of Dooj is dedicated to the sacred relationship between brother and sister. The festival of Bhaiya Dooj is celebrated on the second day of Kartik month. It is believed that it started when Yama went to meet his sister Yamuna. Along with this he had promised that from now on he will come on this day every year.
On this day, Yama’s sister Yamuna applied tilak to her brother and wished him a happy life. Since then, on this day sisters apply tilak on the forehead of their brothers and pray for their long life and happy life. After the puja, sisters feed sweets to their brothers and brothers give gifts to their sisters and bless them to be happy throughout their life.
This festival is an opportunity to strengthen the love and trust between brothers and sisters. On this festival, sisters pray for their brothers’ long life and prosperity, while brothers also give gifts to their sisters. This time, if you are also thinking of giving some special gift to your sister, then you can give her ETFs, Bonds, Digital Gold and ULIP. This can be a better gift from you for them, which can be useful to them throughout their life.
today we needed news We will talk about what gift to give to your sister on the festival of Bhaiya Dooj. You will also learn that-
- What are ETF, Bond and ULIP?
- How can these be gifted?
- How come they are useful after a long time?
These gifts are such that they will be useful for your sister in the long run and will also become her financial strength. In such a situation, on Bhaiya Dooj, you can give one of these investments as a gift to your sister.
What is ETF?
ETF (Exchange Traded Fund) is a type of investment, which is made in the stock market. You can buy and sell it just like shares. However, through ETF you invest in shares of more than one company. It is somewhat like SIP (Systematic Investment Plan). However, in SIP you invest in installments. Whereas in ETF you invest a lump sum amount.
What is a bond?
Bond is a type of loan. Many times the government and many companies issue bonds. When you buy a bond, you are giving the company a loan in exchange for the bond. In exchange for this loan, the company or government gives you its bonds and after a certain time returns your money with a pre-decided interest rate.
What is digital gold?
Gold has always been the favorite investment of us Indians. In today’s digital age, it has become easy to buy and keep. Digital Gold allows you to invest in gold without any hassle. Investing in digital gold is secure and can be easily sold and bought. In this, you neither need to keep the gold in a home locker nor have to bear the expense of keeping it in a bank locker.
What is ULIP?
ULIP (Unit Linked Insurance Plan) is an investment plan which is a combination of both insurance and stock market investment. The money invested in this is also invested in the stock market along with insurance cover. ULIP gives you insurance cover along with stock market gains.
How can I gift?
Gifting one of these investment options to your sister on Bhaiya Dooj is unique and special. Let us know how you can buy these gifts for your sister and gift her.
How to gift ETF?
For ETFs (Exchange Traded Funds) you need to open a demat account. After this you can invest in it through any brokerage platform. After this you can transfer it to your sister’s demat account.
How to gift a bond?
You can buy bonds online or by visiting your nearest bank branch. Such as government bonds, corporate bonds, or tax-free bonds. You can buy it by going to any online investment platform and transfer it to your sister’s name.
How to gift digital gold?
You can use mobile wallet or investment apps to buy digital gold. After this, you can easily transfer the purchased digital gold to your sister’s account.
How to gift ULIP?
You can buy ULIP policy by visiting any insurance company or online insurance portal. You can buy this policy in your sister’s name by going to the nearest office of the insurance company.
How will these gifts be useful in the long run?
On this festival of Bhaiya Dooj, if instead of giving any materialistic thing to your sister, you can give her ETFs, bonds and digital gold, then these gifts will be useful to her for a long time. This gift of yours can provide them financial freedom in future.
financial security
Investing in ETFs, bonds, digital gold and ULIPs are better options to make your sister’s future financially secure. Such gifts will make your sister financially independent in future.
economic benefits and social benefits
The big advantage of such investments is that they grow over time. Also give good returns. Investments like ETF and digital gold will make your sister financially strong. For women, economic independence is the first and strongest step towards their independence.
Less risk, more benefit
Investments like bonds and ULIPs are low risk and provide you with stable and safe returns. In these investments your money is protected from market fluctuations. Along with this, you get good returns after a certain time.
long lasting gift
On Bhaiya Dooj, giving a gift to your sister that will make her future secure and prosperous can be a right decision. Gifts like ETFs, bonds, digital gold and ULIPs will not only strengthen your relationship but will also prove to be long-lasting gifts for your sister.
By investing in these gifts, your sister can get lifelong benefits. Also, they can use it as per their needs. By investing in these gifts, you can give your sister a gift that she will remember throughout her life and will make her future secure.
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