Systematic Investment Plans (SIPs) have become immensely popular with lakhs of individuals opting for them. Almost 9000 Crores of amount hits the bank accounts of the proud SIP owners. SIPs definitely are an effective tool to multiply your wealth, but their growing popularity has resulted in certain misconceptions among investors. Given below are 15 popularRead More
How to Invest in Mutual Funds for the First Time
If you are thinking – How to invest in Mutual Funds for the first time, you will really face some tough questions. Where to invest – Equity, Debt or Hybrid? Which mutual fund scheme to choose? Is past performance any indication of the future? Which Fund House? And how to start investing? Let me helpRead More
What is Liberalised Remittance Scheme (LRS) ?
Updated: 17 Sept 2019 Till June 2004, even if you had to send some money abroad, you needed RBI permission. But after the introduction of Liberalised Remittance Scheme or the LRS, the need to take permission every time you have to send money abroad was abolished. This has helped NRIs, their families & business interests.Read More
What is Market? Decoding the Combined Term
The word market is used in Investment like a bundle of different market systems and sometimes the emotional aspects of it. Abhi market acha nahi hai … (market are not conducive for investment) or Market looks good! – It’s how one-liner people use when they talk about investments. What is market definition? What consists ofRead More
The Benefits of Investing in Shares
It is really a genuine & a basic question – isn’t it? What do you get if you invest in shares? How shares give returns? PPF & FDs give interest at maturity or periodically but do shares also share anything with an investor? If yes, what is the periodicity? Let’s see the monetary & non-monetaryRead More
Impact on Investments When Status Changes “Resident to NRI”
Becoming an NRI is an awesome thing… Though it means some paperwork. So let us guide you on what happens when your status changes from Resident to NRI. Common questions are – what happens to my bank accounts when you become NRI or what happens to mutual funds when you become NRI. So here is detail on what youRead More