Personal Finance Articles

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...

The Indian Financial System has independent regulators for different sectors. Banking, Insurance, Capital Market, Commodity Market, Pension Fund, are the major financial sectors in India. The regulators are autonomous agencies that are responsible for regulatory and supervisory activities. Each regulatory...

ICICI Bank offers different savings accounts for different types of investor needs. The ICICI bank savings account interest rate up to 3.0% - 3.50% p.a. The interest computation is on a daily basis however, the payments are on a quarterly...

Gold in its purest form is yellow in color however as an alloy it is available as White Gold and Rose Gold too. Pure gold is 24 Karats, but it is soft, so other metals are added to it to...

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...

Public Provident Fund (PPF) is a government-backed savings scheme in India. It guarantees returns over a long time horizon and also provides tax benefits. The scheme has a maturity period of 15 years after which you can withdraw funds from...

India is among the world's largest consumers of gold and has a lot to gain from this precious metal. It is an auspicious metal purchased on special occasions such as weddings, birthdays, anniversaries, and even festivals. Owing to the charm...

What are Market Linked Debentures? Market linked debentures (MLDs) are a type of debt instruments that offer returns based on the performance of an underlying market index or instrument. They are issued by companies or financial institutions to raise funds...