Please find below the Key Highlights of the Fifth Bi-monthly Monetary Policy Statement, 2018-19. Repo Rate – unchanged at 6.50% Reverse Repo Rate – unchanged at 6.25% Bank Rate & Marginal Standing Facility (MSF) Rate – unchanged at 6.75% Cash Reserve Ratio – The CRR of scheduled banks remains unchanged at 4.0% of their net demand and time liabilities (NDTL).…
While everyone has been talking about tax on Long Term Capital Gains (LTCG) when it comes to stocks or equity oriented mutual funds, one other factor that investors need to consider is the Dividend Distribution Tax (DDT). This is a tax applicable when someone chooses the Dividend option instead of the Growth option, while investing…
WANT TO STAY CALM DURING VOLATILE TIMES? DO THESE 8 THINGS 1.Don’t panic! Volatility alert! Please don’t push the panic button! Don’t indulge in distress sales during this period. Volatility is not as negative for your investments as you think. 2. Set Goals for every investment Setting financial Goals makes it clear when you…
Are you like…Rohit, who decides to redeem his investments when markets decline and doesn’t see any improvements? OR Rohan, who decides to redeem his investments when markets rise and wishes to safeguard his gains? OR Raj, who decides to continue with his investments no matter which route the markets take? If you have invested money…
“ Sheep all together, cars all together, people all together, crows all together, ants all together! Everywhere is full of herds. To breath comfortably, to feel free, to think better and to find the beauties of the unknown paths, leave your herd. In whichever herd you are in, leave it.” – Mehmet Murat ildan (Turkish Writer)…
A SIP (Systematic Investment Plan) is a smart financial planning tool that could help you create wealth by investing small sums of money regularly, over a period of time. Benefits of a SIP Disciplined investment approach Investing regularly helps avoid sentiment-driven investments such as investing larger sums in…
