SEBI intervenes to restructure Multi Cap Funds
SEBI takes steps to protect the interest of investors, to promote the development and to regulate the securities market. Keeping this objective in mind, SEBI issued a circular revamping the asset allocation for Multicap funds. As per the new guidelines, multicap funds would have to invest atleast 75% of the total assets in equity investments. SEBI also mentioned minimum limits of sub...
4 Important Financial Ratios to check before Investing
Managing your personal finance and taking a right investment decision is very crucial to create long term wealth. Stock investing is important in order to grow your wealth to meet your goals. You can invest in stocks directly or through mutual funds. If you are not a risk averse investor, you may look at investing in the stock market directly. However, it requires careful analysis of...
Why Do You Need Critical Illness Health Insurance Plans?
The modern times have seen a whole lot of progress in science and technology. There are newer and improved treatments for critical diseases which were not available earlier. As such, life expectancy has increased. However, one cannot ignore the rising incidence of diseases too. Modern man is increasingly falling ill with major illnesses. Heart-related ailments, cancer, organ transplants,...
How To Select Your SIP Investment As Per Your Goal
Every individual has certain goals and aspirations in life. Short term goals include going for a dream vacation or buying a flashy car whereas long term goals include financial planning for the golden years of life, child’s education or even buying the dream abode. But for turning these dreams into reality we need backing of an adequate corpus. It has been proved time and again that starting...
SEBI new Mutual Fund circular.
The Securities and Exchange Board of India (SEBI) in its recent circular made some changes in the application of NAV rules. Before jumping directly to what does this actually means. Let us understand why rules on NAV applicability exists in the first place. So that our understanding on this subject is clear. We take an instance where you buy shares and then we will compare it to buying...
SEBI recent announcement on new Stamp Duty Charges
Recently in the last couple of months, SEBI has issued some circulars to bring in about some changes in the area of mutual funds. These are an imposition of stamp duty on mutual funds, new rules for Multi cap funds, Change in margin system and modifying NAV rules for mutual fund schemes. Let us discuss the first one in detail in today’s blog. Stamp duty to be applicable on mutual fund –...
7 insurance lessons to learn from the game of cricket
IPL season is about to start and all the cricket lovers are eagerly waiting to see their favourite players and teams to compete and win. The first match is on September 19 between Mumbai Indians and Chennai Super Kings. Enthusiasm and excitement can be seen among people as it will be a great source of entertainment amid COVID-19. Sitting at home following all the precautions of social...
Know Your Expenses During Mutual Fund Investment
Mutual Funds are great investment options that allow you to experience the return potential of the capital market and that too at very little investments. However, they come with associated charges and hence one should know the types of such charges on the scheme before investing. The expenses associated with a mutual fund scheme are either one-time charges or recurring charges. The expenses...
How to pick stocks on the basis of P/E ratio?
Investing in stock market gives you an opportunity to accumulate wealth in the long run. Everyone would want to grow their wealth and equity market is the only asset class which helps you to earn high returns. Not only it gives you the opportunity to earn high returns but also tax efficient returns. But a major problem that most of the investors face is how to pick stocks. Although you are...