On 31st March i bought 17.5k worth of Tata Money Market Mutual fund.
7.5 Sip and 10k lump sum. The sip order was completed by 1st April but the lump sum order is still processing. Whats the reason for this?
I have HDFC Money back plus credit card with a limit of 1.5L and my statement generation date is 22nd.
I paid 38k for an aircon on 27th March and today (6th April) I paid 15k for a monitor. Received a notification from cred saying that i have utilised ~38% of my credit limit. I know high utilisation is bad but I was always under the impression that as long as statement generation is less than 30% things will be fine. Im very confused now, should i pay off 40k now or is it fine if I wait till 20? I used credit only for points and discounts. Not an issue to pay off the full amount now.
Please help, appreciate any advice. Thank you.