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...
Rail Vikas Nigam Limited (RVNL) IPO – Reviews, Allotment Status, Subscription, Important Dates, Price
Rail Vikas Nigam Limited IPO is hitting the markets on Mar 29, 2019. The Issue will remain open for subscription till Apr 03, 2019. The Price band for the Rail Vikas Nigam Limited IPO or RVNL IPO is fixed at Rs.17 per share to Rs.19 per share with lot size of 780 shares. The Issue...
CreditAccess Grameen Limited IPO – Date, Allotment, Subscription, Listing
CreditAccess Grameen Limited IPO CreditAccess Grameen Limited, a Micro finance Institution in India, is coming out with an IPO of more than 1100 crores. It has got its approval from SEBI for listing on both NSE and BSE. The IPO begins on Aug 08 and closes on Aug 10, 2018. The price band for an...
How to check HDFC AMC IPO Allotment status?
HDFC AMC or HDFC Asset Management Company is a leading company in Mutual Fund Industry. It has come out with its IPO for listing on both NSE and BSE. The IPO has the price band of Rs.1095 and Rs1100 per equity share with minimum lot size of 13 shares. The Face value of share is...
IDBI Small Cap Mutual Fund | New Fund Offer – NFO
Type of Fund: An open-ended balanced Scheme. Asset Allocation Pattern: Instruments Indicative Allocations (% of total assets) Risk Profile Minimum Allocation Maximum Allocation High/Medium/Low Money Market Instrument 65 100 High Government securities / State Development Loans (SDLs) & Debt Instruments 0 35 High Debt and Money market instruments and/or units of liquid fund$* 0...
Why Investors Need an Investment Advisor – 5 Reasons
This topic needs to be read by all readers. It highlights the importance of appointing the right person for the right job. The way a regular doctor can’t cure problems related to your teeth, one needs a specialist to achieve success during investing. This article highlights the 5 reasons why we feel an investment advisor...
