Author: Sarabdeep Singh
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KYC forms for mutual fund
KYC is an acronym for- Know Your Customer. It allows banks to understand and know their clients and their financial dealings in a better manner. This enables them to serve their clients in a superior way and also helps to manage risks sensibly. KYC forms for mutual funds are available with CAMS or CVL. You can…
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SBI Mutual Fund Fact Sheet
Updated on 11th of July 2017 SBI Mutual Fund is one of the biggest mutual fund houses in India. SBI AMC( asset management company). It has approximately 158 thousand crores of assets under management and runs 615 different mutual fund schemes.SBI Mutual Fund has schemes across equity, debt ( short term, long term), money market…
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Is PPF Dead
PPF (Public provident fund) holds an iconic status as far as saving/investment options are concerned but in recent years interest rates on PPF investments have been declining steadily latest interest rates on PPF is 7.9 % for Q1 2017-2018. Interest rates on PPF now trail yields on government securities and hence will always stay in…
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RGESS: Rajiv Gandhi Equity Saving Scheme:
RGESS is an acronym for Rajiv Gandhi Equity saving scheme. RGESS is a tax saving scheme started by the government of India in 2012. A key aim of the scheme was to provide incentives to first-time investors in capital markets. The scheme as such provides tax incentives for first-time investments in capital markets. Eligibility for…
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Mutual fund vs ETF: Performance, pros and cons, how to invest
Mutual funds vs ETFs is a debate going all over the world especially in the United States. In this post, we have a look at mutual fund vs etf performance, performance and how to chose one over the other. In last few years actively managed mutual funds have not been able to outperform passive index…
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CPSE Index and CPSE ETF – All you need to Know
Exchange traded funds though globally very popular have not been very popular in India.Key reasons include their relative underperformance as compared to mutual funds, and unlike lack of distance unlike the US no special tax incentive for investors.General lack of width of good ETFs has also contributed to luke warm growth. With the launch of CPSE exchange…
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Best Life insurance Term Policies in India for 2017
Insurance is derived from French word ensure which means to make something certain or safe. Ensureur in turn is driven from assureur. Insurance as financial products has been developed to provide safety against damage, loss or property or life for individuals, assets, businesses etc. In this post, we will look at Best Term Insurance plans…
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How to get rich in 2017 and beyond
Source: Mint blog This article originally appeared on DailyO New Year will come with new opportunities and challenges. One thing that remains constant, though, is if something did not work in 2015 or 2016, there is a high probability it will not work in 2017 as well. So if you are looking to improve in…
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BHIM Payment APP: All you need to know
BHIM (Bharat interface for Money) app is a new peer to peer money transfer app built by NPCI( National payment corporation of India) a nodal agency to develop online payments infrastructure in India. The app was launched by Prime Minister Narendra Modi and is part of large scale initiatives by the government of India to…
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Best ELSS Mutual funds SIPS to invest in 2017
As the year 2016 comes to a close you will start getting mail from your finance department to submit your investment proofs. If you are still looking to make investments this post will help you as we are going to discuss my favorite list of best ELSS Mutual fund SIPs to invest in 2017. What…