UIDAI has dealt a major blow to online mutual fund distributors who heavily rely on Aadhaar based eKYC to onboard new customers. The UIDAI has asked the KRAs (KYC Registration Agencies) to stop the Aadhaar based authentication of eKYC with immediate effect. As a matter...
In a world plagued by economic uncertainties, mutual funds are one of the few financial instruments, which provide a semblance of stability. People tend to invest in mutual funds because they are assured of getting good returns. However, it is vital to note that this...
The Indian share market saw a great fall recently due to the fall of the share price of DHFL. This led to a domino effect affecting the overall volatility of the market and thus, a crash. It created a negative sentiment among investors and many...
It is often said that mutual fund is the best investment vehicle for new investors as well as small investors. One does not require any special knowledge about the finance or investment domain to be able to invest in mutual funds. Moreover, there is no special cap...
An Equity Linked Savings Scheme or ELSS are diversified equity funds where most of the money is invested in equity related instruments. These funds are open-ended in nature and allow you to not only save tax but also to generate capital appreciation. ELSS is one of...
What are Bond Funds? Bond funds are mutual funds, which provide investors with a diverse portfolio of fixed-income investments such as bills and bonds issued by different entities. They make the process of holding bonds issued by different issuers easier by providing access to a variety...
What are Closed-ended Funds? Closed-ended funds, also known as CEFs for short, are basically a type of mutual fund, but their special feature is that they are a combination of the elements of regular open-end mutual funds and ETFs. A closed-end fund is also known as...
What are Dynamic Funds? The stock market often has either a bearish or bullish trend of running itself; bearish in terms of fall of price and bullish in terms of rising of the price. It is always tricky to match the timings of these trends and...
Investors strive to find the right opportunities to capitalize on profitable investments. While the market is filled with numerous avenues for potential candidates, investors need to be on their toes to identify the appropriate channels. If you are planning to make the most of your...
What are Gold Funds? Gold Funds are a type of Exchange Traded Funds or Mutual Funds. Such funds allow investors to invest in companies that are producing gold or in various gold bullion. The goal of such funds is to obtain high returns from investing in...