Kotak Mahindra Bank offers an entire range of savings account for different types of investors. All the Kotak Bank Savings Accounts have an interest in the range of 3.5%-4%. Also, Kotak Mahindra Bank offers net banking and mobile banking facilities...

What is Investment Club? Investment clubs are formed when a group of individuals collectively pool their money to invest it. All the members of the group share the benefits of the investments. With collective investments, comes lower transaction cost. Moreover,...

Intraday trading or day trading is the process of buying and selling stocks on the same day (squaring off the position) before the market closes. Investing is not the main focus of intraday trading, instead, it focuses on generating profits...

Bonds are debt instruments where the lender lends money to a bond issuer. The bond issuer guarantees to repay the sum borrowed at the end of the bond tenure, plus interest at regular intervals. A private or public company, a...

The number of times an initial public offering (IPO) has been subscribed at stock exchanges is referred to as the IPO subscription. Bids for an IPO can be placed with BSE or NSE. Each exchange publishes real-time IPO subscription status...

What is LIC surrender Value? Surrender value is the amount that an insurance company pays to the policyholder for surrendering the policy before the maturity date. Surrendering the policy means ending the policy before the date of maturity. Surrender value...

An emergency fund is your cushion that saves you from unforeseen expenditures or during no income days. An emergency can be a natural disaster such as an earthquake or a flood, a health problem that prevents you from working, or...

How is an IPO Priced or Valued? A significant number of private companies raise capital through an Initial Public Offering (IPO). When a firm files for an IPO, its shares become available to the public for the first time. The...