ITI FPO – Date, Price Band, Details & Reviews
ITI is coming up with an FPO opening on 24th of January, 2020. The company has fixed a price band of Rs 72-77 a share for its FPO which is approx. 20% discount from the closing price of its share at NSE on 23rd of January, 2020. The FPO will be closed on 28th of...
How to Link Aadhaar to Mutual Funds folios online
The introduction of linking Aadhaar has been made mandatory by the government of India for all kinds of monetary transactions. Even so, it has been made mandatory to link Aadhaar to the Mutual funds folios and other Demat accounts as well. Mutual funds have become a preferred choice for small investors who aim to get...
Fixed Deposit – Simplified
Our Indian masses love to keep their surplus funds in fixed deposit for a very simple reason – it offers security as well as fixed return. A Tax Saving Fixed Deposit has an additional benefit, it aids in saving your income tax as well. There are several ways of investments through which you can save...
Infrastructure Bond – Simplified
Bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed...
Sovereign Gold Bond – Simplified
Gold Bonds are securities issued by the government whose value is expressed in denominations of gold in grams. These are replacements for the impression of holding physical gold. These securities are generated by the Reserve bank of India on behalf of the government of India to be made available to the people from various financial...
Fixed Maturity Plan (FMP) – Simplified
Fixed maturity plan is an immensely popular plan among the investors who invests a lot in the market to increase their wealth. The reason behind this is that a fixed maturity plan provides investors with triple indexation at the end of the year, which brings down their tax liability. What is the Fixed Maturity Plan?...
Mutual Funds – Simplified
There are numerous Mutual Funds currently active in India. With over 40 Asset Management Companies and over 10,000 active schemes, the retail investor is left confused as to which one is the right fund for him and where to park his money. But let’s focus on the size of the Mutual Fund Industry First. The...
Indiamart IPO-Price, Date, Details, Allotment Status, Basis, Subscription, GMP, Reviews
Indiamart is coming out with an IPO with issue dates from June 24, 2019 to June 26, 2019 and Price band of Rs.970 to Rs.973 per share against the face value of Rs.10 per share. The minimum lot size will be 15 shares and thus minimum investment at the upper band will be Rs.14595 per...
How Robust is Your Term Plan to Fight Inflation and Lower Interest Rates
When we buy Insurance, the normal thinking is that the family will get a lump sum amount in our absence. The solace is that they would be having enough of money, which keeps us satisfied. But this is not true. Have we thought that with the falling interest rate scenario and inflation, how they will...
Rail Vikas Nigam Limited (RVNL) IPO Allotment Status, Basis, Subscription, Dates, Price
Rail Vikas Nigam Limited (RVNL) is coming out with an Initial Public offer to sell its equity share at a price band of Rs.17 to Rs.19 per equity share for a face value of Rs.10 per equity share. The RVNL Issue will open on Mar 29, 2019 and closes on Apr 03, 2019. At Price...
