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Investor should avail ASBA facility to invest in IPO

Investor should avail ASBA facility to invest in IPO

In the traditional method when an investor submits an IPO application, it is has to be supported by a cheque. If shares, NCDs or Bonds are not allotted or allotted less than the quantity the investor applied for, the balance amount is refunded to the investor. Refunds are directly credited by IPO registrar to the […]

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Asset Allocation- The key to success of financial planning

Asset Allocation- The key to success of financial planning

The continuous fall in the rupee does not augur well for the economy. Neither does the skyrocketing onion prices and rising inflationary concerns brings any relief to consumers. Such news only leaves us to wonder whether our investments would pay off or not.  From stock market crash in 2008 to the current crash in the […]

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Avoid Boarding the EMI Ship This Festive Season

Avoid Boarding the EMI Ship This Festive Season

During the festive seasons, the hidden bug of shopping starts biting a person from the inside. Seeing the market brimming with attractive discounts and offers, people get overwhelmed and often end up purchasing things that they don’t even need. The discounts and other schemes are just baits offered by the retailers for tapping the shopaholics […]

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Your HUF account can get your extra tax benefits

Your HUF account can get your extra tax benefits

A Hindu undivided family (HUF), or, a joint Hindu family, is a creature of law. Therefore, you become member of HUF by your status and it cannot be created by an agreement between two parties, except in case of adoption. For instance, a child automatically becomes member in his father’s HUF by his birth. HUF […]

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All Equity Schemes Are Not Alike

All Equity Schemes Are Not Alike

Equity has always outperformed other asset classes in long term but selection of right equity share and managing portfolio is not an easy task. It needs lot of research and professional approach. Therefore, many investors prefer to invest through mutual fund over direct investment in equity shares. Any mutual fund scheme that invests in equity […]

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