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There are numerous curated Investment options for senior citizens such as bank FDs and RDs, post office FDs and RDs, Senior Citizens’ Savings Scheme (SCSS), National Pension System (NPS), Life Insurance Premiums and mutual funds. Some of these are low-risk fixed return options like bank and post office FDs, SCSS, etc. Others are relatively high risk but…
As the name states, investment tools that allow you to invest in international markets are referred to as Global Mutual Funds. Mutual Funds or Exchange Traded funds that primarily invest in companies across the globe are called Global Mutual Funds. It is important to note that there is a huge difference between Global Mutual Funds…
Table of Contents : What is Systematic Withdrawal Plan? How does a Systematic Withdrawal Plan work? Benefits of SWP List of Top Performing Mutual Funds for FY 2020 A systematic withdrawal plan (SWP) is a facility which allows you to withdraw a fixed amount from your mutual fund at regular periodic intervals. The periodic intervals…
What are Banking & PSU Debt Funds Banking & PSU debt funds are open-ended debt mutual funds, which primarily invests in fixed income securities issued by public sector companies, banks and public financial institutions (PFIs). According to the SEBI’s classification of mutual fund schemes, Banking & PSU debt funds have to invest at least 80%…
Mutual funds that aim at investing in a specific sector are called Sectoral funds. These funds invest only in businesses that operate in a particular sector or industry. For instance, a sector fund may invest in sectors like Banking, Pharma, Construction, or FMCG sectors, among many others. On the other hand, Thematic funds are the…
What are Dynamic Asset Allocation or Balanced Advantage Funds? Dynamic Asset Allocation or Balanced Advantage Funds are hybrid funds, which are free to manage their exposure to equity and debt instruments without any caps or minimum exposure limits from the SEBI. These funds change their exposure to equity and debt instruments as per the changing…
ESOPs (Employee Stock/Share Ownership/Option Plans) are a kind of Employee Benefit Plan in which a firm or an organisation offers stock ownership interests to its employees on a predetermined price. What are ESOPs and How They Work? Employee Stock Ownership Plans offer ownership of stocks to the employees of a company through share option plans….