Mutual fund houses are working overtime to start consolidating their portfolio of schemes to ultimately have just one scheme with a specific investment objective or theme. Fund houses are saddled with multiple […]
AMCs will merge schemes
Vivek Sharma
Investment Biker
SBI and ICICI hike loan interest rates
Country’s two largest banks – State Bank of India and ICICI Bank both increased their benchmark lending rates because of a sharp increase in the cost of funds. SBI increased its base […]
How to protect yourself from Citi Bank like fraud !
The fraud case involving a Citibank employee should be an eye-opener for HNIs and all innocent investors. For high net worth individuals (HNIs), who hire wealth managers to take investment decisions on […]
Compliance with Mandatory KYC Requirement
In order to enhance compliance with Know Your Customer (KYC) norms under the Prevention of Money Laundering Act, 2002 (PMLA), it will be mandatory for all categories of investors of Mutual Fund […]
How to create wealth in long-term
Let`s look at some of the key principles one must keep in mind in order to meet life`s financial goals in a systematic manner : 1. Start early and invest regularly 2. […]
Mutual Fund Pulse
In the recent past, I recommended 3 categories of funds, viz., Diversified Large cap funds, Pharma funds and Infrastructure funds. This month also I recommend you to continue to invest in these […]
What is Section 80C of Income Tax Act ?
In order to encourage savings, the government gives tax breaks on certain financial products under Section 80C of the Income Tax Act . Investments made under such schemes are referred to as […]
Financial Planning for Child’s Future & Education
Investment in Child’s Future and Education is a wise financial decision. There are several Child Insurance plans available in the market. Although I do believe that ..Investment + Insurance = Worst Combination. […]
