Step By Step Guide to Add a Biller to Start a SIP Online
Adding a biller is an essential step to start online SIP on our platform. You can add it after you have successfully made the initial payment and the installment payment has been confirmed. To ensure that the SIPs get auto debited every …
Snowball Effect: A Best Power of Compounding Interest Example
Legendary investor, Warren Buffet has called the power of compounding– the eighth wonder of the world. Compounding is the process in which an asset’s earnings are reinvested to generate additional earnings over time. This return can be in the form of interest, …
8 Best Reasons to Continue Your SIP
In these abysmal times of ongoing pandemic and unstable market dynamics, the markets have been highly affected due to the investor consternation and fall in demand. It is said that around 59 lakh SIPs have been stopped, however, it has been observed …
Difference Between Regular Vs Direct Plans in Mutual Fund ?
Mutual fund is an investment fund where multiple investors pool their money to purchase securities. Such funds are managed by a highly trained professional commonly known as a fund manager or portfolio manager. Due to factors like benefit of diversification and comparatively …
8 Best Passive Income Ideas You Can Use in 2020
All the successful investors suggest one thing in common i.e. having more than 3 sources of income. Having such extra sources apart from salary and profits from business help you in times of uncertainty such as the current covid-19 situations where millions …
Top 3 Secrets to Profit From Stock Market Crash
The whole world has been badly affected by the spread of the virus forcing companies to shut down, heavy unemployment and huge downfall in the economy. Almost all major most economic activities have impacted by the disease. The markets have been heavily …
Investing In Liquid Funds : Let’s Compare Its Advantages And Disadvantages
Liquid funds are one of the many types of mutual funds available in the market. They invest in short‐term assets such as treasury bills, government securities, repos, certificates of deposit, or commercial paper. They are debt funds which enable companies to raise …
How is the Indian Stock Market Reacting to the Coronavirus Impact?
Impact of Covid 19 on the global markets In the past few weeks, the stock prices have fallen drastically and the market saw a downfall of nearly a third of the global market cap. The whole world has been badly affected by …
What is Stock Exchange?
Stock exchanges are markets where the participants come together for buying and selling of financial instruments such as shares, debentures, bonds, etc. it is run by set rules and regulations set by appropriate bodies such as SEBI in India. Only the securities …
What is Systematic Investment Plan (SIP) ?
A mutual fund is one of the most popular modes of investment opt by investors desirous of making good returns on the same. There are generally only 2 ways to invest in a mutual funds scheme- Lump sum investment and Systematic Investment …
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