Is it possible to bounce back from the brink of bankruptcy to carve out a strong financial base for oneself? The answer to that question is yes, provided one has access to sound financial advice that can help one tide over losses and pick the right investments that will help build wealth over the long … Read more
A diversified investment portfolio consisting of equity and debt elements, some liquid funds for emergencies and some real estate exposure make young Harsh Mishra a real mascot for good financial planning for other GenZs like him. With a stable job and controlled monthly expenses, he has set a financial independence score for himself. The first … Read more
The dematerialization process First, open demat accounts for the transferor and the transferee. “We get two demat accounts—one for the transferor and one for the transferee. If units are in physical form, they must first be dematerialized,” explains Amit Sahita, director of Fincode Advisory Services Pvt. Ltd. View Full Image Graphic by Pranay Bhardwaj If … Read more
If you have a wedding scheduled in a few months, chances are that you have already accumulated enough money to organise the celebration for the big day. However, if the wedding is still some years away, then you are supposed to have a well-organised plan for saving funds for the same. Here, we share a number … Read more
Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the earlier limit of … Read more
Despite the high valuations of benchmark indices, there is no significant risk of a major correction soon, Rahul Singh, Chief Investment Officer (equities) of Tata Mutual Fund, says in an emailed interview with MintGenie. He also speaks about the sectors that are likely to do well in the near future. While sharing an investing advice … Read more
Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential to reduce your tax liability through capital loss set-offs. Here’s how savvy investors can use this to their advantage. Set-off against gains Capital losses can be set off against capital gains, allowing investors to reduce … Read more
Imagine someone offers you VIP tickets to a concert for which others are struggling to gain entry (Coldplay, anyone?) That’s what the Edelweiss Recently Listed IPO Fund, India’s only IPO-focused fund, promises to do for retail investors who find it hard to get allotments in initial public offerings. It isn’t easy for the common investor … Read more
Here’s everything you need to know about it. Investments LRS allows Indians to invest in listed foreign securities – both equity and debt. You can invest in mutual funds, exchange traded funds (ETFs), venture funds, and real estate (with some caveats). You can also invest in listed debt securities such as bonds, but not unlisted … Read more
Systematic Investment Plan, or SIP, is emerging as a popular investment method. It offers a means for disciplined investing, as you set aside a fixed sum of money every month for future savings. A SIP offers potential for long-term wealth creation, as you gain from the power of compounding and can get a diversified portfolio … Read more