The growing popularity of commercial Cards Vs. Business cards
Commercial cards and Business cards are often mistaken for each other. These two cards may sound the same but are different in more ways than one. Let’s learn about their differences in this article. Corporates have many expenses apart from settling supplier invoices, and employee salary i.e., for travel, entertainment & employee engagement. Commercial cards…
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Risks Associated with Investments in Mutual Funds explained
Mutual Fund Schemes are not guaranteed or assured return products. Remember, past performance does not guarantee the future performance of any Mutual Fund Scheme. Different mutual fund categories are exposed to different kinds of risks depending on their investment objective and style. The level of risk associated with the principal amount invested in a mutual…
Read article Do you know the use of Riskometer to Mutual Fund investors?
Whenever you open a scheme-related document, one of the first things you will see is a semicircle with an arrow pointing towards the ‘Risk’ levels associated with that fund. In 2015, SEBI introduced the ‘Riskometer’ as a benchmark of risk in the given scheme. Before that, fund houses would colour code risk in blue, yellow,…
Read articleRisks Associated with Investments in Mutual Funds explained
Mutual Fund Schemes are not guaranteed or assured return products. Remember, past performance does not guarantee the future performance of any Mutual Fund Scheme. Different mutual fund categories are exposed to different kinds of risks depending on their investment objective and style. The level of risk associated with the principal amount invested in a mutual…
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What are Primary Market and Secondary markets?
(This post explains Initial Public Offer- Private Placement- Qualified institutional placement (QIP) -Preferential Issue – Rights and Bonus Issues, stock exchange, secondary market, and over-the-counter market) Types of Capital Issues in the Primary Market The primary market, also known as the new issue market, is that segment of the capital market where securities are issued…
RBI permits prepaid wallets, cards for public transports without KYC
RBI today notified Amendment to Master Direction on Prepaid Payment Instruments. As per the revised guidelines, the various types of PPIs that banks and non-banks can issue after obtaining necessary approval/authorisation from RBI. “Public transport systems across the country cater to a multitude of commuters daily. To provide convenience, speed, affordability, and safety of digital…
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