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...
Various Hidden Charges in a Saving Bank Account
Savings bank account is the most common and the easiest way to keep your money in safe hands. It offers dozen of advantages like simplicity, greater liquidity, safety, enhancement in your bank balance via interest receipts, to name a few. Surprisingly, very few of us are aware of the truth that there are plethora of...
What does E or S means in my Fixed Deposit? Is it Better than Filling Nomination
While filling a form for Fixed Deposit, there are many options available for the deposit to be operated, viz. self/ single, jointly, E or S, anyone or survivor, former or survivor, etc. Each option has its own relevance depending on individual’s case. If you check the statistics for joint accounts, you will find that majority...
Are you ready for next jump with derivatives trading…
With the recommendations from L.C. Gupta committee, derivative trading in India was introduced more than a decade back. Initially, it was started for Indices which later on was initiated in stocks, commodities, currencies. As of now, all these markets offer ample liquidity and are acting as strong tool for different types of participants of markets....
Know more about a Public provident Fund (PPF) scheme
If you are a conservative investor and looking for safe investment option with attractive post tax returns along with exemptions in Income Tax, then a Public Provident Fund account is the solution. Few salient features of investing with Public Provident Fund Account are Attractive interest rates that are fully exempted from Income Tax under section...
Money Laundering – Is it Good to have these hassles
When we hear the words ‘money laundering’, our inquisitiveness reaches a level high and we start craving to understand the intricacies involved in it. Many of us want to know what exactly it is, is it possible, why people do it, how it is done and so many associated questions with it. But before I...
