Bitcoin is the most famous cryptocurrency in the world, in addition to being the first decentralized digital currency that works without a ‘middleman’. Transactions involving this global payment system take place directly between users on a peer-to-peer basis, without the involvement of an independent central bank or single administrator.
Bitcoin’s popularity has also led to the birth of other virtual currencies that use digital encryption for transaction security and new unit
Here is a post based on a similar question on Quora on investing money in a house versus deploying money in a fixed deposit or Mutual funds etc.
Before we get into specifics here are General Principles to follow :
In this post, we discuss investing in direct mutual funds and outline process to invest in Direct mutual funds. You can invest in direct mutual funds online and also offline. Keep reading to know how.
Investments into mutual funds are gaining traction among people. And, since the introduction of mutual fund in India in 1963, the industry has covered many miles and now it is the most structured and well-diversified investment destination in India. The Indian
Diwali or Deepawali is one of the most important festivals of India. It is called the festival of lights and signifies the return of King Rama (purported to be the seventh avatar (incarnation of the god Vishnu) after 14 years of exile during which he fought and won a battle against the demons and the demon king, Ravana. People lit their houses to celebrate his victory over evil (light over darkness). The goddess of happiness and good
There are various KRAs in INdia to mandate and maintain KYC records on behalf of investors. In this post, we will discuss on CAMS KRA, CAMS regular and eKYC process, CAMS FATCA declaration and various documents required to complete the process.
KRA is known as KYC Registration Agency which is registered with the market regulator SEBI, under the Securities and Exchange Board of India (KRA) Regulations, 2011. A KRA is mandated to collect and maintain KYC
Investment into mutual funds have grown tremendously over the years and mode of delivery has also improved. Earlier where only large financial institutions and Financial advisers dominated the market but now there are many options to choose from. And, first-time investors get really confused on whom to approach to buy investment plans. The blog post details on how to invest in mutual funds with or without Demat Account. We will also explore on how to
Since Jan 1, 2013, all open ended mutual fund schemes including equity and debt fund started to offer Direct Plans alongside with the Regular Plans. This started an era of self-investing in mutual funds without the assistance of financial advisors or need to visit a distributor for investing into a mutual fund by investors. After the introduction of the direct plan in transformative reform measures by SEBI in September 2012, its popularity has increased with the retail investors. It
Indian Mutual Fund Industry has come a long way since its introduction in 1963. From a single asset management company enjoying a total monopoly of the sector to a range of diversified products being offered by both domestic and global companies. With time, the domestic MFI have innovated themselves to suit the most modern needs of the investor. One such reform happened in mutual fund sector in 2013 was the introduction of Direct Plan by SEBI.
The introduction of Systematic Investment Plan (SIP) in the mutual fund is regarded as one the major breakthrough in the sector. It has helped to attract a new class of investors in the sector who were not comfortable to invest a lump sum at a time. SIP in mutual fund first was launched on December 4, 2010, through BSE Star MF platform. Today, it has around 1.52 crore active SIP accounts that have contributed Rs 43,921
SBI Mutual fund is a premier AMC( Asset management company). As on June 30th 2017 they have an AUM of 168815.97. As on today there are 565 different schemes that SBI mutual fund returns.
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