When was it, the last time that you have been to a social gathering and haven’t heard someone brag about an IPO? It has now become a social status to possess or the least talk about investments and IPO’s. IPO – Initial Public Offers have both winners and losers but by default the issuer is…
Pursuant to the PMLA (Prevention of Money Laundering Act) notification dated 1st June, 2017 issued by the Ministry of Finance, all investors (new and existing) will be required to mandatorily provide / update their Aadhaar numbers for all holders in any folio, before 31st December, 2017. Failing this, the folio would be locked as a…
Being a financial planner, I always believe in risk management as the foundation for an effective financial plan. Anything that can’t be afford to be lost, should be protected. Else, one would end up with a dent on the financial assets or savings. Thus, risk management gains prominence. Risk management provides financial security via financial…
Following a recent amendment in the Prevention of Money Laundering Act (PMLA) Rules, 2017, linking the customers’ Aadhaar numbers to their respective mutual fund accounts has become mandatory for mutual fund houses. An online facility to link mutual fund investments to Aadhaar has been launched by the Registrar and transfer (R&T) agent, CAMS (Computer Age…
The recent guidelines from Sebi on consolidation and merger of mutual fund schemes, would reduce the clutter and make it simple for the investors to easily compare the performance of various mutual fund schemes offered by the fund houses. Uniform definitions for fund categories were brought out by Sebi, in a bid to lessen the…
Right from getting your kid admitted into a school till getting a death certificate for the dead, there is no way escaping Aadhaar. Linking Aadhaar is becoming extensively mandatory everywhere and the list is expanding. For now, here we compiled a list of 10 most important documents to be linked with Aadhaar to make your…
Most investors prefer mutual funds as they can quickly get money back when units are redeemed. Here is a post on how one can redeem mutual fund units. You can redeem units from a mutual fund scheme on any business day. Below is the process for the redemption of mutual fund units: Download a transaction…
Having a good financial plan with well-defined goals and aggressiveness at savings is not enough to translate it into reality. One needs to be good at investments as well. The key lies in choosing the right investment avenues like mutual funds and linking them to the prioritized financial goals to secure the financial future. Here…
Mutual fund investments are the way to go for modern day investors, as they are proven to be the most efficient and convenient sources. However, without proper examination and diligence of funds, these investments may get a bit tricky. Read through to learn a few crucial things to remember before making mutual fund investments. Invest…
The Internet has made life easier. Anything and everything is on the internet today. So are mutual fund investments. It is more than easy to buy or sell mutual funds online. Read through the post to get basics on how to begin mutual fund investments. Every mutual fund comes with a fund prospectus. One can…