Introduction In India, there are two major stock exchanges – NSE or National Stock Exchange & BSE or Bombay Stock Exchange. BSE is the oldest stock exchange in Asia & NSE is the largest in the country. The National Stock Exchange (NSE) is a stock exchange set up in India. It was set up in November 1992, NSE was India's first fully automated electronic exchange with a nationwide presence. It [...]
Equity funds are also known as a stock fund. It is a fund that invests in stocks and is also known as equity securities. Stock funds can be compared with bond funds and money funds. Fund assets are mainly in stock, with some amount of cash, which is generally quite small, as opposed to bonds, notes, or other securities. Understanding the concept of Equity Fund Equity funds intend to produce [...]
First of all the decision has to be clear between ELSS Vs SIP. Equity Linked Savings Schemes (ELSS) is one of the various tax planning investment products eligible for deductions under Section 80C. Apart from investment value, dividend income and redemption proceeds are totally tax-free. While a Systematic Investment Plan (SIP) is an option to the traditional lump sum method of investment. In this article, we will discuss a difference between [...]
Repo Rate Repo is a short-term money market instrument that is used to raise capital for the shorter-term. In Indian Banking terms, the repo rate is the rate at which Reserve Bank of India lends money to all the commercial banks in the country in the event of scarcity of funds. The repurchase agreement is signed by both parties involved in the transaction. The current rate is 5.75%. The Reverse [...]
Mutual Funds Mutual funds are a financial vehicle made up of a supply of money collected from many investors. Then to invest in securities such as stocks, bonds, money market instruments, and other assets. The Best mutual fund platform which is offering us the option to invest online are discussed in this article. Mutual funds are usually operated by professional money managers. Who allocates the fund's assets and to produce [...]
The size of the company is an important criterion when selecting equity portfolios. This is because, depending on the size of the company, the mutual fund portfolio would have its unique set of opportunities and risks. Thus this article on Best small and midcap fund will help you to know about them in detail. Best Small Cap Mutual Funds invest in stocks of small companies that have the potential for [...]
Mutual funds come with a disclaimer that says, “Mutual-fund investments are subject to market risks, please read the offer document carefully before investing.” Why do fund houses publish or advertise this line? The answer is simple: there are no ‘risk-free’ mutual fund investments. You have low-risk investments and high-risk investments, never ones without some risk. Even within equity-oriented funds, you can opt for investing in large-cap funds or multi-cap funds [...]
Sectoral mutual funds invest in specific sectors or themes that are recommended to highly informed investors. Mutual Funds schemes are well known for going through highly-rewarding phases, followed by lengthy rough patches. Sector funds are those funds that primarily invest money in stocks of companies that operate in a particular sector. Given the limit to just one or two sectors, the risk quotient of this kind of fund is high [...]
In its circular dated September 13, 2012, SEBI (Securities and Exchange Board of India) directed AMFI (Association of Mutual Funds India) to create an Employee Unique Identity Number (EUIN). Each Employee, Relationship Manager or Salesperson of the Mutual Fund Distributor, advising or selling the investor about Mutual Funds, has to receive this Number. In addition to the (ARN) AMFI Registration Number of the Distributor. SEBI had also mandated that Asset [...]
Understanding what is ARN code? The full form of ARN is the Application Reference Number code. ARN code plays a very important role for a qualified mutual fund expert or mutual fund distributor for trading in mutual funds.ARN or AMFI Registration Number is a unique number assigned by AMFI. They are needed by Asset Management Companies Funds to deal with the mutual fund agent involved in the marketing and selling of the [...]
