Investing in bonds or bond funds is a strategic approach to diversify your portfolio and secure a steady income. However, for newcomers to investing, deciding between individual bonds and bond funds can be challenging. Each option has unique advantages and disadvantages, and understanding these differences can guide you in making an informed decision. To aid …
I am 35 years old. How should I Invest Rs. 10 Lakh with equities, FDs, Mutual Funds, and SGBs to diversify my investment portfolio?
I’m 35 and began investing in stocks 5 years ago. I’ve saved around Rs 10 Lakh, split between stocks (50%), fixed deposits (15%), mutual funds (25%), and sovereign gold bonds (10%). Now, I want to mix things up and try out different investment options. Where should I begin? After 30s, planning your money is highly …
What is Central KYC: Benefits, Mechanisms, and How to Obtain a CKYC Number
Are you fed up with handing in the same KYC documents every time you open a new bank account or invest in a mutual fund? Every time keep giving the same documents every time you open a bank account or invest in a mutual fund. But don’t worry! CKYC (Central Know Your Customer) is here …
Electoral Bonds: Their Definition, Importance, and Role in Political Financing 2024
The term “Electoral Bond” has recently captivated the attention of many, particularly as the anticipation builds for the upcoming General Elections of 2024. However, this surge in interest is no mere coincidence. Ever since their introduction in 2017 via the Finance Act of 2017 by the Government of India and implemented in 2018, Electoral Bonds …