ZFunds

  Kotak Health Insurance Plans started in the year 2015 after getting the license from IRDI. Kotak Insurance came up with a host of plans which had something or the other for every age group. Due to these plans, Kotak Health Insurance has established its wide presence across the country. The company comes up with a wide spectrum of non-life insurance plans that are designed with the intention of meeting each and every requirement of the customer. This includes health insurance plans, car insurance plans and bike insurance plans. W hat are the tax benefits of Kotak health Insurance ? Under Kotak Health Insurance, a person gets many tax benefits – Deduction as per Section 80D: Medical Expenses Deduction ·        80D deduction is applicable only for medical insurance policies. These deductions are mentioned as follows:- ·        If you pay insurance premiums for yourself, your spouse and your children, you can claim a maximum tax deduction of ₹25,000 per year. In case of senior

 Difference between Equity and Debt Funds Equity funds and debt funds are two types of mutual funds that invest in different types of securities. Equity funds invest in stocks, while debt funds invest in bonds and other fixed income securities. Further, we will discuss the key differences between equity and debt funds. Firstly, let's read about - What are Equity and Debt Funds ? Equity funds are mutual funds that invest in stocks of publicly traded companies. These funds can be further categorized into different types of funds, such as large-cap, mid-cap, small-cap, and sector-specific funds. Debt funds, on the other hand, invest in fixed income securities such as bonds, debentures, and other debt instruments issued by companies, banks, and governments. Let’s read about their differences - Risk and Return Equity funds are generally considered to be more risky than debt funds. This is because stocks can be volatile and their value can fluctuate based on a variety of factor