CKYC stands for Central Know Your Customer. It started on February 1, 2017, and any prospective investors who want to invest in mutual funds will have to go through the CKYC process. The Central KYC online Registry is a centralized repository of KYC records of customers in the financial sector with the same KYC norms and inter-applicability […]
You get a salary every month and spend most of it within a few weeks. This trend continues and you’ll be left with almost no savings after years of job. If you have to enjoy a bright future with your family, then invest your money depending on your risk profile; select the investment opportunity if […]
Financial aid is more often needed by various people for their business, properties or even other commercial needs. Of course, you have easy access to countless finance brokers at any place. However, you may successfully and appropriately fulfil your business relevant financial needs by hiring the commercial finance brokers. Such finance brokers are well-versed with […]
Liquid funds are the type of scheme of mutual funds in which the investor invests their collection in market instruments such as Commercial paper, call money, bank fixed deposit, treasury bills, and other debt securities within maturity period of 90 days. In liquid fund, the Net Asset Value (NAV) is calculated for 365 days, whereas […]
Mutual fund is a collection of stocks or securities which are managed by asset management companies. Investors are going to out their hard earned money in various funds depending upon their risk appetite. For the investors best mutual funds for SIP are an obvious choice because of the diversification they end up offering. The notable […]
Every business is vulnerable to a financial attack. Therefore, if you operate a small business, you must be prepared to safeguard it from all the potential loopholes. Doing so will significantly reduce the risk of financial loss. The following are 5 ways to protect your business finance. Get Sufficient Insurance Coverage First of all, your […]
As a new investor, you may have considered investing in the stock market to begin investing. But, it can get challenging to venture into new territory without much knowledge. A safer and proven option would be to consider mutual funds. Here, you may want to know ‘What is a mutual fund?’ or ‘What are the […]
To the surprise of many investors, Finance Minister Arun Jaitley re-introduced the Long Term Capital Gains (LTCG) Tax during his Union Budget speech in February 2018. In 2004-05, then Finance Minister P. Chidambaram had done away with it. This has left many investors confused as to whether they should continue investing in ELSS fund or […]