What is Convertible Bonds ?

Convertible BondsDefinition : Convertible bonds give the holder the right to convert or exchange the par amount of the bond for common shares of the issuer at some fixed ratio during a particular period. The ratio determines how many shares can be converted from each bond. Explanation: Convertible bonds combine the features of bonds and…

The insurance regulator has stated 199 basic items for which patients would now have to pay from their pockets

The guidelines on ‘standardisation in health’ list various standard expenses that would be excluded from hospitalisation indemnity policies, or reimbursement health insurance plans through which insurers pay the insured for treatment costs. The insurance regulator has stated 199 basic items for which patients would now have to pay from their pockets, while receiving hospital treatment.…

Rupee – Cost Averaging

Definition : Rupee Cost Averaging is the technique of investment in which a fixed sum is invested to purchase securities at a regular interval irrespective of the price. There are two broad ways of investing funds: one by way of one time lump sum amount and another by way of systematic investment (recurring or SIP).…

What are ‘Zero Coupon Bonds’

Definition : Zero Coupon Bonds or ZCBs have no “coupon” or interest rate/ payments attached during the tenure of the bond. To compensate this, ZCB is issued at a discounted price, which is less than its face value. At the time of maturity, investors receive the payment at face value. The positive difference between the…

Hindu Succession Law

Succession Planning is a very important aspect of overall financial planning. But it is being observed that Indians are very poor at this topic and they generally avoid planning for their inheritance. Being a financial planner I come across number of clients and when I discuss with them whether they have planned how their Wealth…