What is Simple Interest – Meaning, Types, Formula
What is simple interest? Simple interest is a method that is used in the calculation of the interest charged on a loan. It is calculated by multiplying the daily interest rate by the principal by the number of days that...
ELSS vs Equity Mutual Fund: Difference between ELSS and Equity Mutual Fund
While both are equity mutual funds what is the difference between ELSS and Equity Mutual Fund. So, what is exactly the difference between these 2 investments. To start with we know that both are equity oriented mutual funds. Equity mutual...
Cash Equity: Meaning, Benefits
What is Cash Equity? The term cash equity refers to the liquid portion of an investment that can easily be converted into cash. In relation to investing, cash equity refers to the company issuing stocks to the public. It may...
Stamp Duty on Mutual Funds
If you're a regular investor in mutual funds, there's something you should keep in mind going forward. Stamp duty is now levied on mutual fund acquisitions or transfers. In every country, the government imposes taxes so that they can invest...
How to Open a SIP Account Online in India?
What is SIP account? When you have decided to invest in best SIP mutual funds, the next step which follows is the way in which investment can be made. You can either invest lump-sum money at any particular time or...
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Lock in Period
The period during which investments are locked in is called lockin period or lockup period. Investors cannot sell their investments during this period of time. Lock-in period is common to hedge funds, IPOs of private equity, startups and few mutual...
Best NRI Investment Options
Living out of India has its advantages. NRI earns in dollars and works with the most developed economies of the world. Some NRIs wonder whether living and earning out of India debars them from investing in India. And if not...
GST on Mutual Funds: Rates & Impact
What is GST (Goods and Service Tax) in India? GST is an indirect tax which is rolled out by the government in India with effect from 1st July 2017. GST in the State of Jammu and Kashmir with its own...