With the Finance Minister Pranab Mukherjee’s move to introduce Qualified Foreign Investors in the budget for the fiscal year which commenced on April 1, is said to attract stable funds from retail foreign investors on a long term basis. With the relaxation in the government norms, this is seen as a good boost to the… Read More »
While the Mutual Fund industry was just recuperating from SEBI’s blow of banning entry loads on mutual fund units, they have been struck with another lightening. Now, RBI (Reserve Bank of India) has come up with a new regulation by which banks need to cap their investments in the liquid schemes of mutual funds at 10% of… Read More »
Most investors concentrate only on a few aspects when it comes to portfolio building and give heed to the guidance that helps them grow their investments. One such aspect is diversification. The pursuit of diversification is best when an individual’s funds are invested in limited number of funds but which are aggressive in nature. Although… Read More »
As we are becoming increasingly dependent on plastic money for all our transactions, one cannot fail to ignore the penetrating force of fraudsters and fraudulent transactions. Constant vigil and precautions are important in order to safeguard your privacy and interests. With the two-factor password authorization being introduced by the Reserve Bank of India, it has… Read More »
As soon as you realize that your credit card has been lost, stolen or misplaced, call up your bank’s call centre immediately to deactivate the card. You must do this even before attempting to retrieve the lost card. This is to protect yourself against the fraudulent use of your credit card. Often, banks offer little… Read More »
Investments and savings are broadly categorized into 3 categories. The first category are those investors who want to benefit themselves by trading online and try to earn profits on a daily basis. The second category of investors prefers to invest in passive trading, the best option being Mutual Funds. A systematic Investment Plan (SIP) route… Read More »
Unit Linked Insurance Plans or ULIPs refer to a category of goal-based financial solutions that provide the perfect combination of protection and savings to an investor. They are managed in accordance with your personalized needs, thereby offering unprecedented transparency and flexibility to an investor. They offer insurance protection plus the benefit of wealth creation opportunities,… Read More »
The only pursuit for a good financial future is to invest. The more you invest the better are your chances for getting higher returns. But not all fund types are suitable for all types of investors. The returns on investment depend upon your level of risk appetite and up to what extent are you willing… Read More »
Over the last year, our country has witnessed a situation of rising inflation, a turbulent stock market and a decline in the prices of bonds. The Reserve Bank of India has been responsible for hiking the rates of interest and a further hike in rates, in the near future, cannot be ruled out. All this… Read More »
After the recession hit the globe in the early 2008, who knew that the after effects would be felt 3 years from now and still the uncertainty lurks in the air as to whether or not the financial positions of various continents, countries, companies etc. can bounce back to normalcy. The finances of individuals too… Read More »