A guide to Initial Public Offering (IPO): India’s primary market has started on a high note this year, as a dozen companies have already raised more than Rs. 8000 crores through IPO till June 2016 and few more are expected to raise another Rs. 6000 crores in the next few months. If you are a retail investor who […]
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Here is a brief introduction to Mutual Funds (MFs) for the beginners: As an investor education initiative, this article provides an in-depth understanding of what are mutual funds and its corresponding financial jargon to the wannabe investors to make their investment journey smooth. India has one of the highest Gross Domestic Savings rates at 28%
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Classification of Financial Ratios: Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximize their wealth by leveraging the power of unbiased advice Before investing in a company, it’s prudent to look into the fundamentals of the company and have a clear understanding of
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Here is all you need to know about Insurance Repository & e-Insurance policies: Mr. Anand Mishra who has a life insurance policy wanted to claim the money on maturity, to his shock he realised that his policy document was misplaced when he recently shifted his residence. Since he didn’t have the original policy document the claim
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Premature Closure & Withdrawal Rules for Public Provident Fund(PPF): Public Provident Fund(PPF) is a scheme introduced by the Ministry of Finance in 1968, for the creation of retirement corpus of an individual and has become a favourite investment option for many investors over a period. Some of the salient features of PPF are listed below: •
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Here is how you can merge Muliple EPF Accounts through UAN: Mr. Arun Lal has been in employment for 5 years now. He changed the company and wanted to know about his previous EPF account details. He was wondering, where he can see the details of his EPF accounts. Many of us go through the same
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Reasons for which you may receive an Income Tax Notice Mr. Abhijit Ghosh, a regular income tax payer, one day while checking his mailbox, was shocked to see a notice from the Income Tax Department. He was wondering what went wrong and why he received a sudden notice from the IT Department? He thought he had
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Here is how you can update your credentials in EPF Account: Mr Anil Sharma left his job a few months back and had not joined any other job after that. He had worked for almost 15 years in his previous company and therefore had a good amount of corpus accumulated in his EPF account, meanwhile
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Advantages & Applications of Exchange Traded Funds(ETFs): What are ETFs? Exchange Traded Funds(ETFs) are listed and traded on exchange much like stocks. ETFs tracks an index, a commodity, a bond or a basket of securities. ETFs are traded closer to its NAV throughout the day, which is calculated on a real time basis. Here is
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Loan Facility & Withdrawal Rules for Public Provident Fund(PPF): Public Provident Fund(PPF) is a scheme created to build a retirement corpus for an individual. It is always prudent not to break up your corpus in between, as it helps you to secure your future. However, if in case of any exigency or financial crisis, PPF scheme
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