Personal Finance - Angel One

Fixed deposits (FDs) have been a preferred choice of investment for Baby Boomers and Gen X in India, making it one of the oldest saving instruments. With their money invested in FDs, depositors deemed the money to be in a safe place with an assured fixed rate of return. Of late, with a soaring fiscal …

Vishnu is a 40-year-old IT professional who invested in fixed deposits and a few insurance products through most of his early adult life. Given the current situation of low returns on fixed deposits, he has been pondering about investment in mutual funds for potentially better returns that could multiply his wealth. Being a novice about …

Introduction Planning your financial future can be stressful and never ending if you have some form of accumulated liabilities from the past. However, with minimal prudence and sticking to some basic strategies, one can effectively ensure that they can keep their loved ones and themselves secure. Even if you have a set repayment plan in …

When we talk about running, would you categorize yourself as a marathon runner or a hundred meter sprint person? Or maybe you lie somewhere around the middle, maybe 10 kms. When we talk about trading stocks, it can be said about swing trading that it is equivalent to a middle-distance(like 10kms) race. Day traders being …

Trading has always been considered to be a lucrative space for traders who have a strong understanding of the stock market. However, everybody starts from the basics. There are several trading strategies that have been recommended by many. But, it all comes down to using a trading strategy that fits you best. There is no single strategy …

What are penny stocks? You must have heard of penny stocks while browsing through anything related to the stock market. Well, these stocks are small-cap company stocks that are priced very low. This can seem alluring to many investors as they would be capable of buying more shares with the capital they can expend. For example, …

The NIIT board of directors has approved a buyback proposal through which the company will repurchase up to 9,875,000 equity shares amounting to Rs 237 crore. Investors are offered a price of Rs 240 for surrendering their shares. The regulatory filing from the company reads, ‘the Board of Directors of the company at its meeting …

Non-resident Indians who seek to invest in India will from now on be treated along the same lines as Indian residents who invest domestically, according to new rules issued by the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry. The department also noted that such NRI investments …

Even as a bill that proposes to ban private cryptocurrencies is being planned, the Finance Minister’s recent comments about being open to experiments in the world of cryptocurrency have given rise to fresh discussions on the issue. It has also given new hope to stakeholders of the crypto world in India. The proposed bill, called …

Investors have pulled out of equity and equity-linked mutual fund schemes for the eighth month in a row. This, as the BSE Sensex and the NSE Nifty, have seen sustained positive performances ever since the crash of March 2020. Equity and equity-linked mutual fund investors pulled out a net Rs 10,468 crore in February following …