Types of Mutual Funds Equity Funds : Funds that invest in equity shares are called equity funds. They carry the principal objective of capital appreciation of the investment over a medium to long-term investment horizon. Equity Funds are high risk funds and their returns are linked to the stock markets. They are best suited for investors who are seeking long…Read More

Income Tax Slabs are differentiated based on the Tax Status, Gender and Age of Individual Tax Payer Income Tax Slab Rates for an Individual Upto the Age of 59 Years for both Male and Female or an HUF (Hindu Undivided Family) in Financial Year (2018-2019) Assessment Year (2019-2020) Income Tax Slab Rates for an Individual 60 Years Above and below…Read More

Linking Aadhar has been made mandatory as per the Circular Issued by the Income Tax Department. But the Supreme Court of India has extended the date of Linking Aadhar with various Services Like PAN, Bank Accounts, etc… The Last Date to Link Aadhar with PAN Card has been extended Indefinitely.   However Income Tax Department has given the users the…Read More

With the deadline for linking Aadhar with mutual funds approaching fast. The last date for Linking Aadhar with mutual funds is on 31st December 2017. Aadhar can be Linked with mutual funds online using the registrar’s website. Each Mutual Funds are Serviced by different registrar’s. The List of different Mutual Funds serviced by registrars are mentioned below. CAMS Services 15…Read More

What is a Liquid Fund ? Liquid Funds are a Type of Mutual Fund which invests in Fixed Deposits, Treasury bills, Commercial Paper. Generally Investments with less Maturity Dates. The Fund Manager can meet the Redemption request from the investors Since the Maturity Tenure in the Underlying instruments is less than 1 year or Redemption Request from the investors can…Read More

Treasury Bills are Financial Instruments Issued by the Government of India to Meet the Capital Requirements of Running the Government. Treasury Bills are Issued with the Following Tenure 91 Days Treasury Bill 182 Days Treasury Bill 364 Days Treasury Bill  

Commercial Papers are Financial Instruments which is borrowed by Large Companies ( eg: Tata Motors, Reliance Industries, L&T, BHEL, SBI, etc…) were the Tenure of Borrowing Money is more than 7 Days or Less Than 1 Year. The Borrowed Money is Used by the Companies for Managing there day to day Activities like Payroll, or New Company Acquisition, etc… Why…Read More

Terms to be known: Units – Units represent the extent of ownership in a mutual fund. NAV (Net asset value) – It is the current market price per unit of a fund. Redemption – It is liquidation /selling of your units to the AMC. Entry Load – It is a percentage of fee levied on purchase of a mutual fund.…Read More

Mutual Fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in them in various kinds of assets to generate returns. In other words instead of you investing your money directly, it is being invested by professional fund managers. By investing in mutual funds, the investor is…Read More

What is a corporate fixed deposit? Corporate Fixed Deposits are fixed deposits offered by corporate companies. Corporate Companies accept fixed deposit like banks for fixed interest for a fixed period . How is corporate Fixed Deposits Different from Bank Fixed Deposits? Corporate Fixed Deposits are considered slightly risky than bank because they have a slight default risk . Are these…Read More