A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency different than the issuer's domestic currency.
In certain cases, the fund manager tends to buy stocks and hold onto them for a long time and only sells them if certain situations so demand. But in other cases, the fund manager keeps on buying and selling the stocks that his fund holds.
A holiday overseas is a dream shared by almost everyone. But a holiday, a time to just relax and enjoy, can quickly turn into a nightmare if not planned properly.
Well, if you are someone who craves adventure and indulges in activities like paragliding, scuba diving, bungee jumping and mountaineering, you may want to see what you can do about insuring yourself.
Making a will is one of the most important and integral part of personal financial planning.
Let us now try to understand basic mathematical techniques that will enable us to make informed decisions regarding our investments.
The recently released RBI First Quarter Review of Monetary Policy 2009-10 and the accompanying 'Macroeconomic and Monetary Developments First quarter review 2009-10 have indicated that on the basis of Balance of Payments (BoP) the export growth for 08-09 has declined by over 22% to 5.4% and also the import growth has declined by over 21% during the same period.
Canara Bank, the Bangalore-based public sector bank, has slashed interest rates on vehicle loans and home loans, which will be effective for all loans taken after August 1, 2009.
Making MMMFs part of one's portfolio should bring the overall risk down but one also needs to look at when these funds could be more revenue-adding to the portfolio.
An FoF is a mutual fund that invests in other mutual funds belonging to the same fund house or belonging to other fund houses.
Arbitrage is a strategy that consists of concurrent buying and selling of equal or comparable securities from at least two markets in order to profit from the variation in their prices.
Children's plans are insurance-cum-investment plans offered by insurance companies are similar to ULIPs (unit-linked insurance plans). However, the difference between a ULIP and a children's plan is that the parent starts investing in the children's plan right from the time the child is born and can withdraw the savings once the child reaches adulthood.
Different sectors and funds have different levels of volatility. So their beta values will differ. However, beta should be used along with other factors like management expertise, future prospects and your investment horizon. The longer your investment timeframe, the lesser the volatility, and thus lower the risk.
Term plans are products which are plain vanilla (no frills) that give us very high life covers for very low premiums.
Religiously put aside 30 per cent of your earnings into carefully chosen investments. Spend the rest of the money, the way you want and please.
People like Doctors, Chartered Accountants, Interior Decorators, Architects, Company Secretary etc. fall in the category of self-employed professionals. Given here are the different categories of documents that a self-employed professional has to fulfil.
How do you ensure that each time that they visit you, you are not left with a headache? Firstly, let's understand what these agencies are.
The purpose of pet insurance is to mitigate the risk of incurring significant expense to treat ill or injured pets.
It is important to note that the military provides group insurance to military personnel. However, with the growing financial requirements while running a family, this insurance might not be adequate. We can only wait and watch, when such insurance will be available in India.
Co-operative banks are small-sized units organized in the co-operative sector which operate both in urban and non-urban centers. These banks are traditionally centered around communities, localities and work place groups and they essentially lend to small borrowers and businesses.