What does T+2 settlement mean? T here refers to the day of initiating the buy/sell transaction. Settlement refers to the period when stocks reach the buyer’s account & cash reaches the seller’s bank account. Until recently, the Indian stock exchanges were following the T+2 settlement rules, India was the first major economy to adapt to …
What is SIP? SIP investment or Systematic Investment Plans by mutual fund companies is a facility that allows investors to invest a fixed amount of money at predetermined intervals towards a mutual scheme. Over time, you amass not only the money you invested, but also an interest amount – the exact interest rate depends on …
With the current tax slabs imposing a 30% income tax on income above ₹ 15 lakh per year, many Indian salary earners see almost a third of their hard earned money being taken away. However, the current tax regime also offers some avenues whereby the taxpayer can reduce the burden of taxes and actually replace …
What is NFO New Fund Offers or NFOs refer to the creation of new mutual funds where people can invest. This means that an existing mutual fund house is launching that fund for the first time in the market. Fund managers of NFO mutual funds gather the investment pool from investors and in turn invest …
Mutual funds are an investment tool where you invest in a shared pool overseen by experts from asset management companies. It is a way to get exposure in the stock market without increasing risk exposure. Depending on your risk tolerance and investment horizon, you can select a mutual fund that fits your investment style. Also …
Many investors find SIP a prudent way to grow wealth in the long run. SIP, or the systematic investment plan, is one of the easiest and hassle-free ways to invest in mutual funds. Individuals can invest in any mutual fund at fixed intervals through SIP. It can be weekly, monthly, or quarterly. Many types of …
Wondering what the top mutual funds that have been giving returns above benchmarks to their clients are? The following are some great funds worth looking at. Mutual funds allow investors to earn passive income – i.e. without the need to track their investments regularly. Therefore, a mutual fund (especially SIP fund) giving high returns is …
As a senior citizen, you would normally expect your investment portfolio to yield a regular income as well as accumulate wealth to bide your time post-retirement. While the need for a regular income can be discounted if you are eligible for a pension, the requirement for wealth accumulation remains. Today, senior citizens have a plethora …
Bond funds invest in various bonds and debt instruments, which are government, corporate, municipal bonds, convertible bonds, and mortgage-backed securities. A mutual fund primarily investing in bonds and debt securities is called the bond fund or debt fund. Investors buy bond mutual funds for low-risk steady income. Investing in these schemes is more effective for …
Nowadays, one can choose from a wide variety of investment opportunities. Among these are Mutual funds, equities, bonds, and fixed deposits. Mutual funds are widely used because they allow investors to gain access to a wide range of securities with relatively modest sums of money. However, investors consider a number of aspects before making a …
