Every investment is made to earn a return. Tracking performance regularly is necessary. It is more relevant for market-driven investments like mutual funds. Return on Investment (ROI) is one metric that’ll help in understanding the performance of an investment. What...

Annual appraisals have begun and most of you’ll have already planned on how to spend that extra bucks from the salary hike. For those who are not keen on spending that amount, must’ve planned on investing it. The investing clan...

Both Exchange Traded Funds (ETFs) and Fund of Funds (FOFs) are different types of mutual funds that are passively managed. However, these two investments are nowhere similar. While one invests in benchmark indexes, another invests in other funds. This article...

A Non-Resident Indian (NRI) account can be opened by an NRI or PIO with any authorized bank in India. In India, there are three types of NRI accounts, namely, NRE account, NRO account, and FCNR account. This article covers NRI...

Nifty BeEs is an exchange-traded fund that replicates the S&P CNX Nifty Index. It is the first ETF introduced by the benchmark in 2002 January. It trades on the National Stock Exchange and hence can be bought or sold in...

What is a redeemable security? Redeemable security is the one which can be liquidated into cash by the issuer at investor's request. The most common redeemable security available in the market is the open-ended mutual fund. Any open-ended mutual fund...

Insurance companies cannot reject claims made on policies over three years. According to the Insurance Laws (Amendment) Act 2015 Section 45 no claim can be repudiated (rejected) after 3 years of the policy being in force even if the fraud...

Financial literacy is the ability to manage one's money. The goal of financial literacy is to help in understanding financial concepts that will help them to manage their money better. It is a life skill that one must grasp for...