Online tracking of Employees’ Provident Fund claim status
With more than 4.5 crore PF subscribers in India, it use to take about 3-6 months for settlement of EPF claim from EPF office. But gone are those days as now, with EPFO working towards bring this down to 3 days. To claim your EPF account, you need to fill Form 19 and wait for the...
Learn how to check your EPF balance online with e-passbook
EPFO now provides the e-passbook facility for EPF (also called as PF) subscribers which provides the view of your updated statement of EPF passbook online. Using this facility, you may check your EPF balance online by downloading the e-passbook available on EPFO website. E-passbook allows EPF members may download or view their respective e-passbook any number of times. As such PF...
Commodity futures simplified – Hedging with Soy oil futures
Since soy oil traded in India is constituted by both- the domestically produced and the imported oil soy oil, its prices are influenced equally by the supply-demand factors influencing both- the international and domestic markets. Hence a soy oil importer in India is exposed to various sources of price fluctuation in the market at any...
Rajiv Gandhi Equity Saving Scheme (RGESS) – Should You Opt for?
Rajiv Gandhi Equity Saving Scheme (RGESS) is applicable to new investors or investors who are entering the market for the first time. Although the scheme is meant for investors new to markets however it is little complicated to understand. This scheme has been under lot of discussion ever since its launch. Also, experts doesn’t look...
Taking off with intraday trading…some ground rules to follow
Intraday trading has always facinated stock market traders due to its feature of active involvement and fast results. It is just like a 20-20 match, where excitement is always alive. However, there are ground rules which trader should follow before taking off with intraday trading. 1. Trade with an amount that you can afford to...
Rajiv Gandhi Equity Saving Scheme (RGESS) 2012 – Highlights
Rajiv Gandhi Equity Saving Scheme (RGESS) was announced in the 2012-13 budget by the Finance Minister of India for the benefit of first time equity investors in India. Although the scheme is meant specially for individuals who have never invested in stocks. The Scheme is drafted to promote the saving culture and improves the liquidity in Indian capital...
How to Identify a Multibagger or a High Growth stock
While investing in stock markets, we always hear a lot of stories about wealth building in companies like Infosys, Wipro, and many more. I always got excited and wish to build such wealth so that I can also afford a Rolls Royce. Investing in stock is actually investing in that business. Better business prospects ensures...
Typical Mistakes People make while Writing a Cheque
A cheque is a negotiable promissory note and is a bank document that orders a payment of specified amount of money from a bank account. As a cheque is related to transfer of money, it needs to be written very carefully and cautiously. There are few very common mistakes committed by people while writing cheques...
Full service broker vs Discount broker – What to choose
While choosing a full service broker vs discount broker, it is important to understand the difference between the two kinds of stock brokers. It is all about Value adds Service vs Deep discounted brokerage rates. Let us discuss advantages and disadvantages of both Full Service broker and Discount brokers. Having decided to invest or trade in...
Index funds simplified
Index Funds are passively managed mutual funds, that intends to track the movements of a market index. Being the cost effective investment option, these funds provides returns directly linked to index at a lower management cost. These funds invest in a securities/scrips similar to composition of index like Nifty or Sensex. However, the underlying security...
