Trading Aspirants

Here are six things that you should keep in mind while looking at your fund statement. A mutual fund statement is pretty much like your bank account statement. It is a complete summary of your mutual fund investments. While formats and layouts may vary across fund houses, the basic components remain the same. 1. Keep a record of your folio number. It is your reference number for the investment made. Each time you make an additional investment in an AMC, ensure that the folio number is the same. This will make it easier to track all your fund investments with a particular fund house. If you don't use the same folio number, you will have many folio numbers over time and this will make tracking your investments difficult. 2. Ensure that the name of the bank and the account number are correct to avoid facing problems at the time of redemption. 3. Make sure you are KYC compliant and have made your FATCA declaration. FATCA is a US law and as per an India-US treaty, Indian fund investors

Many women still don't like to handle investments. It's time this changed!! Women are fast bridging the gender gap in most professions. It's common to find women in areas which were once considered to be male bastions. However, many women are still hesitant to handle investments. Many depend on the male member in their families. The primary reason for this is the legacy of stereotypical gender roles, wherein managing finances has long been considered a man's domain. Unfortunately, many women grow up with these stereotypes deeply ingrained. This makes it difficult for them to become a confident investor. While it's always an advantage that the male member in a family is financially educated, it's doubly beneficial when the woman also is financially prudent. A wise, financially literate woman can steer the entire household towards prosperity. Making returns from one's investments has nothing to do with one's gender. After all, your mutual fund doesn't

Mutual funds are meant to simplify the tasking of investing, but choosing the right one can itself intimidate many. Here's a primer to help you With so many categories of mutual funds, fund houses, and schemes available, choosing a mutual fund is not an easy task for many investors. The best way to begin is to decide on a method to narrow down on the right fund for you. Rarely do investors who do something else for a living employ a systematic checklist to evaluate a fund they are considering buying. Here is our blueprint for a structured approach to fund selection. There are five areas that you must evaluate to decide whether a particular fund is a good investment. Performance:  Performance comparisons must be used only to compare the same type of fund. They are meaningless otherwise. Only when used within the same category of funds do performance numbers tell you anything at all. By the time you reach the stage when you are comparing performance numbers of different funds, you sh

For a sake, At the age of 36, you have already built all the foundational things required for investments. Fixed deposits, Post Office Saving Schemes and EPF are dominantly fixed income and are of the highest safety available in this country and hence, makes for a good foundation. Since you are 36 now, you still have a couple of years before you retire at 58, 60 or 62, depending on where you work or till when you can work. If for this duration you keep investing about Rs 2 lakh a year in NPS without touching it, then your retirement should be taken care of. For buying a house in three years, check a few things. First, you should buy a house that will help you save on the rent. So, if you are living in rented accommodation, then you should think in terms of buying a house that will immediately or in a defined period should be able to help you save on the rental outflow. Secondly, you should have your down payment to an extent that EMI is not exceeding a third of your income. If these tw

When the future appears bleak, the past provides hope. And the markets have recovered from every past crisis The coronavirus outbreak is an unprecedented human crisis, the effects of which are being felt around the world. Not only have the stock markets around the world corrected in anticipation of material business disruption, but life itself has virtually come to a standstill. Governments around the world have announced relief measures, with massive spending lined up. Entire countries have been locked out. The United Nations secretary general Antonio Guterres has called COVID-19 the worst crisis since the Second World War. Amid such a situation, it's normal for investors to panic and look for a solution. In the month ending March 2020, the Sensex fell 23 per cent, reaching levels last seen in 2016. Though it has seen some recovery since, its daily swings have resembled those of some mercurial small cap. And our leading market index is not alone. Even the S&P 500, which compri

What is a share? The capital of a company is divided into shares. Each share stands for a unit of ownership. These shares are offered for sale when an organization needs to raise funds. An Initial Public Offering means that a company is making a portion available for traders or investors to buy. Companies benefit from this exercise as they receive the required funds for different purposes. Here are the reasons why people invest in share market: Wealth Creation Future Opportunities to own Portfolio diversity Minimizing loss Easily accessible money Combating risks Added benefit of dividends