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SENSEX

Saving Rs. 30 a day can make you a Crorepati!

Saving Rs. 30 a day can make you a Crorepati!

sip

Becoming a Crorepati is a dream for every investor and it comes true by saving just Rs 30 a day, but how? Start investing in any of the diversified mutual fund through SIP (Systematic Investment Plan). But the fact is that start SIP as early as possible because the early you start investing the early you become a Crorepati. Warren Buffet the world’s most renowned and successful investor who ranks second in of the world’s billionaires list started investing in stocks at the age of just eleven.

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What is sensex and how it is calculated?

What is sensex and how it is calculated?

What is SENSEX?

sensex

The SENSEX (SENSitive indEX) is an indicator which indicates the performance of the 30 major companies listed on BSE (Bombay Stock Exchange) and hence it is also called BSE 30. In a simple word, we can say if sensex goes up then the prices of the top traded stocks of major companies listed on the BSE will go up and similarly, when sensex goes down then the prices of the top traded stocks of major companies listed on the BSE will go down. Continue reading

What is SEBI (Securities and Exchange Board of India)?

What is SEBI (Securities and Exchange Board of India)?

sebi

Securities and Exchange Board of India (SEBI) is a regulatory body which exercises full control over the securities market in India. In 1988, the Government of India established SEBI especially to observe the stock market activities, but it was found ineffective in controlling and regulating them. As a result on 12 April 1992, the Government of India gave statutory powers through the SEBI Act. SEBI operates from its headquarter in Mumbai with its four Regional Offices such as Northern in New Delhi, Eastern in Kolkata, Southern in Chennai and Western Regional Offices in Ahmedabad. Continue reading

What are the various types of Mutual Funds?

What are the various types of Mutual Funds?

types of Mutual Funds

Today, there are varieties of mutual funds available for investment. Many of these funds are known as income fund, growth fund, liquid fund, balanced fund, tax saving fund, open ended fund, closed ended fund etc. These funds can be classified into two categories: either by the Maturity Plans or by the Investment Objectives. These funds are discussed below:-

Based on the Maturity Plan

Based on the maturity plan, there are three types of mutual fund schemes. They are known as Open ended Fund, Close ended Fund and Interval Fund. These funds are discussed below:- Continue reading