As an investor, how do you know if your fund is working for you or not? This is specially relevant to the actively managed funds where a fund manager makes investment decision of how much to invest and where. You can evaluate your mutual fund’s performance by finding out if your fund outperformed its stated benchmark […]
eCAN – Why the delay?
If you have applied for e-CAN lately, you might be facing problems. The confirmation and activation of your eCAN is pending for weeks sometimes. You are not sure why is this happening. From your side, you have submitted all the information and the required documents. You have also received the provisional CAN. But you cannot transact with a […]
Your first mutual fund investment – Why, what and how?
You have been watching your friends / colleagues investing in mutual funds / stocks. You also realise that you need to plan for a better financial future. Not only to account for higher aspirations but also to meet your other financial goals. All this while your preferred investments have been fixed income products such as PPF, Bank FDs, […]
Now get your E KYC done completely online, paperless!
One of the biggest pain points in mutual fund investing has been the KYC or Know your Customer. Most likely you have gone through it. Initially, it was a plain simple application in a physical form with basic investor details. Subsequently, an In Person Verification or IPV was made mandatory. Today, it is a much […]
Quiz – Learn about taxes and save more
Einstein famously said that there are only two certainties in life – Death and Taxes. Both are scary. As for taxes, you don’t even want to talk about them, lest even pay them. Well, you need not be so scared. A little knowledge can go a long way in reducing your fear as well as taxes. […]
10 things to know about debt mutual funds
Do you know if you make a single fixed deposit of over Rs. 1 crore with State Bank of India, what is the interest rate on offer? 3.75% only. Yes, that’s right. To put this in context, a normal savings bank account in the same bank pays you 4% interest. Why would you do a Fixed […]
