Disability insurance falls in the grey area between life and general insurance and both wait for the other to introduce this product. That is the reason such a policy cover is yet to make a foray into the Indian markets. Therefore, the best thing to do is to opt for the disability rider in a… Read More »
Also if held for the long term, you also stand to save on the capital gains tax. Capital gains are the gains you make on your investment after deducting the inflation. As you continue to hold the investment for a long term, the compounding increases. At the same time, the rate of inflation goes up.
The Systematic Investment Plan is ideal for investors who have a regular flow of money (such as employees). A simple instruction to the fund house and the bank will help them invest regularly at a given time and stay away from the volatility of the stock market. When you invest a fixed amount, such as… Read More »
Delayed Payment Charges (late payment charges or penal charges) are levied if you make the payment after the due date. You might also be subject to cheque bounce charges in case one of your cheques is not cleared because of lack of funds. Cheque bounce charges can range anywhere between Rs. 250 and Rs. 500.
There are many differences between trading and investing. For one, investing is a long-term process, while trading is a short-term process. In investing, company fundamentals, and stop loss play an important role in taking a decision to buy or sell, while trading involves studying charts while deciding on buying or selling a stock. There is… Read More »
Find out how the fund has fared against its benchmark index. Always ensure the fund’s performance is consistent with the returns from its benchmark index, if not better. In case of market crash, ensure the fall in the fund’s value is not more than its benchmark index.
MIPs are hybrid investment avenues that invest a minor portion of their portfolio (around 15 per cent-25 per cent) in equities and the balance in debt and money market instruments (i.e. bonds, certificates etc). MIPs provide a monthly income to investors, but the periodicity depends upon the option you choose. These are generally monthly, quarterly,… Read More »
Commodities can be traded on either spot markets, or in the form of futures. Spot markets are those in which the commodity is traded immediately in exchange for cash or some other good. Futures are standardized contracts among buyers and sellers of commodities that specify the amount of a commodity, grade / quality and delivery… Read More »
State Bank Freedom- the mobile banking service of SBI is now available on both non- Java as well as non- GPRS phones. Till date, the service was restricted just to Java-enabled mobiles over SMS/GPRS/WAP and non-Java phones having GPRS connections.
Most investors tend to think that an ETF is the same as an index fund. While an index fund also mirrors returns of a particular index, ETFs have an edge over index funds because of the benefits it provides.