The recently approved government scheme provides both liquidity and returns.
Averaging works only in a portfolio which is what SIP helps you do. Averaging does not work in case of a single scrip. Here's why
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Conversion into jewellery during redemption would entail 15-20% wastage and making charges, rendering the scheme inefficient
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
New offerings by banks are changing the way you transact.
LIC is on board after tying up with all five insurance repositories; 1,50,000 e-Insurance Accounts opened across India till date.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
Include digital assets in a will, as e-mail and social networking websites don't provide account access to legal heirs.
The industry's reactions to the Budget have been mixed.
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