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The Indian Economy majorly depends upon the tax collection for its citizens. This includes the NRIs non-Residential Indians as well, working and earning abroad. There is a lot of difference in the rules and regulation as applied on NRIs compared…
What is URN? URN stands for Update Request Number which is a unique code allotted to you while you apply for changes or updates in your Aadhar details. The URN code is irrespective of the mode of the request which…
NAV: Rs. 20,395 crores (As on 19/2/2019) Exit Load: 1% for redemption within 365 days P/E Ratio: 22.92 Expense Ratio: 1.96% Turnover: 76% The SBI Bluechip Fund is an open-ended, equity mutual fund that primarily invests in equity and equity…
The Mirae Asset Emerging Bluechip Fund is an open-ended, equity mutual fund that seeks to provide its investors with long-term capital appreciation through actively managed investments in predominantly midcap company stock. The fund was launched on January 1st, 2013 by…
Savings and Investing are two words that are often used interchangeably, but these two words do have very stark differences. One important thing to know is that both of these are extremely important components to achieving financial independence. The main…
The L&T Midcap Fund was launch on January 1st, 2013 by the L&T Mutual Fund House. The L&T Midcap Fund is an open-ended, actively managed equity mutual fund that takes a large exposure to mid-cap company stocks. The fund seeks…
What is GST? Traditionally taxation in India has been a complex system due to the number of Indirect Taxes imposed on the sale of a single product. The Goods and Service Tax (GST) was designed to do away with a…
What is SENSEX? The Sensex, also known as the S&P BSE Sensex, is a benchmark index based on the Bombay Stock Exchange (BSE). Sensex comprises of the top 30 stocks according to market capitalization operating on the BSE. These stocks…
What is Simply Save? Simply Save is a great way to save your unused cash. With Simply Save you can make a saving of as little as Rs. 100 and get better returns than other Savings Accounts. Simply Save lets…
Indian Financial System Code (IFSC) The IFSC is an 11-character alpha-numeric code given by the Reserve Bank of India (RBI) to all the banks and their branches. The first four letters of the alphanumeric represent the bank, the next digit…
