A mutual fund is a professionally managed open-end investment vehicle that combines money from several participants to buy securities, bonds, money market instruments, and other financial assets. One can invest in mutual funds online. There are several types of mutual funds available, but how to pick one of them? In this article, we will discuss how to choose a mutual …
Marriages in India are no less than a festival. Friends and relatives gather to make it an unforgettable affair for the bride and groom. People often take personal loans to fund their wedding expenses and make it a splendid function. These are also known as wedding loans. Let us take you through marriage loans in India in detail. Understanding the …
Bank transfer as a concept has evolved tremendously during the past few years. The various ways to transfer funds today and the multitudes of platforms like online banking apps at our disposal make the process of transferring our money a lot easier. The growth of technology and the rise of the smartphone market has brought the power of managing and …
NRI can invest in the Indian stock market by purchasing shares through the PIS on a repatriation and non-repatriation basis. In addition, the RBI’s PIS plan allows NRIs to purchase shares or convertible debentures from the stock exchange using a bank account at a nominated branch. The PIS plan is not necessary for NROs, according to the latest guidelines, because …
