Government issues guidelines for interest waiver on loan
The Government of India recently announced the interest waiver on loans up to 2 crores. This was done to provide relief to the borrowers who have the liability to repay loans amid COVID-19. Global Pandemic had resulted in a nationwide lockdown and thus we experienced disruption in businesses. This further led to job loss and sizeable pay cuts to most employees. With limited cash in hand, it...
SEBI intervenes to restructure Multi Cap Funds
SEBI takes steps to protect the interest of investors, to promote the development and to regulate the securities market. Keeping this objective in mind, SEBI issued a circular revamping the asset allocation for Multicap funds. As per the new guidelines, multicap funds would have to invest atleast 75% of the total assets in equity investments. SEBI also mentioned minimum limits of sub...
4 Important Financial Ratios to check before Investing
Managing your personal finance and taking a right investment decision is very crucial to create long term wealth. Stock investing is important in order to grow your wealth to meet your goals. You can invest in stocks directly or through mutual funds. If you are not a risk averse investor, you may look at investing in the stock market directly. However, it requires careful analysis of...
Top 7 Financial Planning Tips Finally Revealed That You Must Know!
Financial Planning is about a lot more than just making investment decisions. It’s a more holistic approach towards your finances. Therefore, it is important to prepare oneself to learn managing money matters. This blog focuses and shares how you should give yourself a fresh start and boost your savings. As it is said that “Money is hard to earn and easy to lose; you should guard...
SEBI new Mutual Fund circular.
The Securities and Exchange Board of India (SEBI) in its recent circular made some changes in the application of NAV rules. Before jumping directly to what does this actually means. Let us understand why rules on NAV applicability exists in the first place. So that our understanding on this subject is clear. We take an instance where you buy shares and then we will compare it to buying...
Are you also in your 30s like Mehtas?
Financial planning is so crucial and is different for every individual. It differs based on the age of a person, his risk appetite, his current investments and the most important factor – his goals. Keeping this in mind that “No one financial plan fits all”, today in this blog we will be discussing a case study of Mehta and family (Name changed) to help you get an idea of how to...
SEBI recent announcement on new Stamp Duty Charges
Recently in the last couple of months, SEBI has issued some circulars to bring in about some changes in the area of mutual funds. These are an imposition of stamp duty on mutual funds, new rules for Multi cap funds, Change in margin system and modifying NAV rules for mutual fund schemes. Let us discuss the first one in detail in today’s blog. Stamp duty to be applicable on mutual fund –...
7 insurance lessons to learn from the game of cricket
IPL season is about to start and all the cricket lovers are eagerly waiting to see their favourite players and teams to compete and win. The first match is on September 19 between Mumbai Indians and Chennai Super Kings. Enthusiasm and excitement can be seen among people as it will be a great source of entertainment amid COVID-19. Sitting at home following all the precautions of social...
How to pick stocks on the basis of P/E ratio?
Investing in stock market gives you an opportunity to accumulate wealth in the long run. Everyone would want to grow their wealth and equity market is the only asset class which helps you to earn high returns. Not only it gives you the opportunity to earn high returns but also tax efficient returns. But a major problem that most of the investors face is how to pick stocks. Although you are...