As millennials, it’s commonplace for us to prioritise our personal financial aspirations. However, amidst our pursuits, we must recognize the financial security of our younger siblings, who may still need to gain the maturity or resources to secure their own financial futures. Rather than solely indulging in fleeting pleasures like gadgets or social outings, we … Read more
In an era marked by increasing cybercrime, safeguarding demat accounts has become paramount, and several security measures, including the Unique Client Code (UCC), have been implemented to enhance protection. The UCC acts as a crucial identifier, ensuring the confidentiality and integrity of client information. The Unique Client Code serves as a vital identification number assigned … Read more
Should we invest now? Or should we wait for the market correction? Can we make target returns in such a high market? Should we buy more to lower the average price? Can we invest in such a volatile market and earn reasonable returns? These, and other related questions, often delay the investment decisions of people. … Read more
Bajaj Finance raised its fixed deposit (FD) interest rates recently. The NBFC offers interest rate in the range of 7.4 percent to 8.10 percent. When tenure is between 12-14 months, the annual interest is 7.40 percent. Bajaj Finance FDs are rated AAA/Stable financial instruments by Crisil. And when FD tenure is between 15-23 months, the … Read more
What is Portfolio Diversification? Portfolio diversification is a crucial concept in finance, epitomised by the adage “Don’t Put All Your Eggs in One Basket.” This principle underscores the importance of spreading investments across various asset classes to mitigate risk. By diversifying across equities, commodities, currencies, and bonds, investors can shield themselves from unforeseen market movements, … Read more
The mutual fund (MF) industry’s net assets under management (AUM) declined by 2 per cent to ₹53,40,194 crore at the end of March 2024, as against ₹54.54 lakh crore as on February 29 this year, data released by the Association of Mutual Funds in India (AMFI) reveals. The number of new SIPs registered in March … Read more
Indian investors love fixed income, and equity. Bonds, however, have not made the cut yet. The discomfort to invest in bonds is further accentuated due to lack of information and illiquidity. Having twin regulators at the helm— with the Reserve Bank of India (RBI) supervising government bonds and market regulator Sebi overseeing corporate bonds—has not … Read more
Investment is one such goal that makes the journey of life interesting. Investment is an asset acquired with the goal of generating income or appreciation. Appreciation increases in value over a period of time. Investment is made to create future wealth. When a child is born, learning is gradual. Recognition with senses, reciprocation with gestures, … Read more
However, in March 2024, some banks increased their fixed deposit rates. In the case of most banks, the current fixed deposit interest rates being offered are at a decadal high. So, are these the best interest rates on fixed deposits? And should you lock into these high fixed deposit rates? Let us discuss. Also Read: … Read more
If you like scary movies, then you are going to enjoy this psychological scary movie called First Omen. It has everything you need to sit on the edge of your seat (or be stuck to it out of sheer fright) and the most important thing: a story that will keep you interested, even after the … Read more
