General rule in mutual funds investment is that equity mutual funds for long term and debt mutual funds for short term. Once you start mutual fund SIP, it would continue based on investment goals. Mostly investors invest in mutual fund SIP and not looking at re-balancing the mutual funds in between investment horizon. Debt funds are those that invest in ...
know-your-client (KYC) norms have been made mandatory for everyone who wishes to invest in mutual fund. Investors need to submit their KYC acknowledgement along with investment form. Know your client (KYC) verification is a mandatory requirement for mutual fund investments in India. KYC essentially is a record of the investor’s identity and address. If you are new to mutual funds, ...
SIPs are Systematic Investment Plans where money is deducted from your bank account and invested automatically. With an SIP, you’re able to purchase fund units at different levels of the market. To start invest in mutual funds in SIP, open saving account in one of the bank, get cheque book for the account and internet banking for the account. To ...
Have a list of new year resolution to achieve in 2019. Resolution should be short and realistic. All the new year resolution should be SMART. The acronym SMART has several slightly different variations, which can be used to provide a more comprehensive definition of resolution: S – specific, significant, stretching M – measurable, meaningful, motivational A – agreed upon, attainable, ...