Many people in India are thinking that SIP is a type of mutual fund. If you say them NO, it’s not, then the next question will be “what is SIP”. Below in our article we have discussed what is SIP and how it’s different from the lump sum investment plan. In a Systematic Investment Plan or SIP, you invest a predefined amount regularly to a mutual fund scheme. Under SIP, … [Read more...] about What is SIP – Lump Sum or Systematic Investment Plan, which one is better
Finance
The intelligent investor review – A Classic Investment book written by Benjamin Graham
The Intelligent Investor is written by Benjamin Graham in 1949. The greatest investment advisor who is also known as father of value investing, has taught and inspired many investors worldwide. Since its publication, over a million copies are sold worldwide. Many investors read intelligent investor book to understand Graham’s work to learn about investment techniques that he … [Read more...] about The intelligent investor review – A Classic Investment book written by Benjamin Graham
22 Key Aspects of Companies Act 2013 – For a Private Limited Company
As we all know, many provisions of the new Companies act 2013 has been made effective from 1.4.2013. A number of regulatory and compliance provisions are now applicable to private limited companies as well. The main objective of this article is to provide the private companies a brief picture of the changes introduced. And thus, help them comply with the law in the best … [Read more...] about 22 Key Aspects of Companies Act 2013 – For a Private Limited Company
How to transfer money from India
If you want to transfer money from India to anyone abroad then you can do so by following certain guidelines and restrictions. There are few methods by which you can transfer money from India. In this article we have listed 2 secured and easy online methods to transfer money from India. Transfer Money via PayPal If you and the recipient have a valid PayPal account then … [Read more...] about How to transfer money from India
3 Major drawbacks of investing in fixed deposits
Fixed deposit is one of the favored financial products in India to which most of the Indians are investing their hard earned money for a higher return. As the name suggest, money of investors are kept into this account for a predefined fixed tenure at a pre-agreed interest rate. However, like any other financial product, fixed deposit also has its own merits and demerits. In … [Read more...] about 3 Major drawbacks of investing in fixed deposits
What is Gold Karat – How it’s measured in market
While buying gold ornaments or jewellery you must have noticed the seller or representative often describing the unit in Karat. Karat is a unit of measure to know the purity of gold. If the seller tells you a particular jewellery of 22 karat then it means, that jewellery has 91.06% (22/24) of gold and balance 8.4% of metals like silver, zinc etc. Gold is very soft to make … [Read more...] about What is Gold Karat – How it’s measured in market
How to exchange unusable or soiled or mutilated notes in India
Are you holding unusable notes ? You can exchange it by visiting either a public sector or private bank’s cash counter. RBI has instructed banks to exchange notes that are either soiled or mutilated or are in unusable conditions. Soiled notes are those which have become dirty and slightly cut because of its use. Mutilated are those which are composed of more than two pieces … [Read more...] about How to exchange unusable or soiled or mutilated notes in India
RBI increased the policy repo rate by 25 basis points
In a surprise move today, RBI has increased its policy repo rate or interest rate by 25 basis points and keeps the cash reserve ratio of schedule bank unchanged to 4%. Due to this change, the repo rate that bank pays when they borrow money from RBI has been increased from 7.75 % to 8 % per annum. Reverse repo rate at which RBI pays to bank for keeping their surplus money has … [Read more...] about RBI increased the policy repo rate by 25 basis points
What is ETF or Exchange Traded Fund
ETF is an Exchange Traded Fund which is introduced in the early 1980s. It works like a mutual fund where investments are made into a specific basket of stocks or assets like gold or index funds. These funds are also traded in stock exchange as a separate unit which can be bought and sold like shares. When an investor buys a share in Exchange Traded Fund, it means that … [Read more...] about What is ETF or Exchange Traded Fund
ADR – Understanding American Depository Receipt
ADR is an acronym for American Depository Receipt. It’s actually an instrument which is issued by US depository bank and traded at stock exchanges in the US. Each American Depository Receipt or ADR represents certain fixed number of shares of a foreign company whose shares are listed and traded outside US. By investing into American Depository Receipts, US’s domestic … [Read more...] about ADR – Understanding American Depository Receipt