ETF vs Index Fund
Over the last few years, mutual funds have become a popular investment tool. Lately, there has been a focus on index funds and exchange traded funds (ETFs). Although index funds and exchange traded funds look very similar, they differ in...
NSC vs ELSS What is The Difference Between NSC and ELSS?
Financial planning is very important for a better future. It helps in the selection of right investment products based on the objectives. There are many instruments available for tax planning which can help individuals save tax under Section 80C. However,...
How to Close SBI Fixed Deposit Account
Bank Fixed Deposits is one the most popular and safest investment products in India. Most of the banks provide this service of opening a fixed deposit online. Also, one can similarly close FD online or offline by visiting the branch....
Flexi Fixed Deposit Schem
Fixed Deposits or FDs are one of the most popular and traditional savings instruments in India. Also, there are different types of fixed deposits offered by banks for various financial requirements. Thus, one such modified version of bank fixed deposits...
Gold Monetisation Scheme
In many Indian households, there are tonnes of gold that are lying idle. To turn this unused gold into productive assets, the Government of India has launched a scheme in 1999 called the Gold Deposit Scheme (GDS). However, in the...
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FCNR Deposit
What is an FCNR Deposit? FCNR refers to Foreign Currency Non-Resident Account. Thus, FCNR account is a fixed deposit account that provides Non-Resident Indians with an option to park their foreign earnings in different banks of India. Also, this account...
Ultra Short Term Funds vs Liquid Funds
Mutual fund investments have become a popular investment option in India. One can invest for both short term and term horizon in mutual funds. For short term investments in mutual funds, investors come across ultra short term funds and liquid...
Difference between Primary market and Secondary market
The capital market is a financial system where companies can raise money by issuing shares, bonds, debentures, etc. The primary market is where the securities are created for the first time. While the secondary market is the market dealing in...