Do you know these 11 types of Mutual fund schemes available to investors

Every major Mutual Fund Organization (MFO) in India has introduced at least a dozen schemes. These schemes are initiated and offered to the public, targeting different investor groups.  You have a choice of selecting a suitable scheme. Mutual Fund products can be classified based on their underlying portfolio composition such as the asset class the…

All information on the PPF scheme: New rules come into effect with several changes

Originally posted on December 21, 2019, updated on 09.11.2023 The government issued a notification on November 9, 2023, making several important changes in the popular Senior Citizen’s Savings Scheme (SCSS), Public Provident Fund (PPF), and 5-year post office time deposit. New rules for premature closure of Account: The earlier rule says; “Provided further that on…

Foreign Investments: Meaning of FDI, FPI and FII explained

An investment made in India by foreign entities, non-resident Indians, and persons of Indian origin in Indian securities including shares, government bonds, corporate bonds, convertible securities, infrastructure securities, etc., is known as foreign investment in India. Based on the type of foreign Investments, they are classified as below. Foreign Direct Investment (FDI) Foreign Portfolio Investment…