116.624 (-0.233%) NAV on December 30, 2024 Category Allocation: Children Investment StyleBox Mid Growth Interest rate sensitivityCredit quality Moderate Sensitivity High Quality Total Assets 124 cr Turnover Ratio 94.07% Expense Ratio 0.85% Exit Load 3.00%if redeemed within 1 Years2.00%if...
The customers can pay the entire principal amount at the end of the tenure, this payment scheme is called Bullet Repayment option. The advantage of opting for this option is you pay lesser monthly EMI (consisting of only interest component) during the life of the loan, reducing the load sign...
Under the Citizen Savings Scheme, a provision has been made to increase the maximum deposit amount from Rs 15 lakh to Rs 30 lakh. In the Monthly Income Scheme, the maximum deposit limit on single account will be increased from Rs.4.5 lakh to Rs.9 lakh and for joint account this limit w...
The “Her Ghar” Home Loan scheme has unique, borrower-centric features like the best ofSBI Home Loan Interest Ratesand a flexible repayment schedule making it the most sought-after financial product for women in India. Moreover, it is offered at concessional interest rates; as, SBI’s “Her...
It also includes income protection cover in case of business interruption due to accidents or natural calamities such as flood, fire or strike. In May, the 'Paytm Health Saathi' pilot scheme was launched and so far, over 3,000 merchant partners have availed the plan. ...
Liquid Gold Loan:Overdraft Account with transaction facility and monthly interest should be given. The maximum repayment period is 36 months. Bullet Repayment Gold Loan:The loan should be repaid on or before the loan term or on the closure of account. The maximum repayment is 12 months. ...
Concerns over the US Federal Reserve's delayed interest rate reductions and the high price of domestic equities led to FPIs becoming net sellers in January. Monthly MCQs of Financial Awareness SAGA Books Topic: Corporates/Companies 4. India’s largest green hydrogen pilot project has been inaugurat...
RBI has increased the policy interest rate repo rate by 0.35 percent for the fifth consecutive time. With this, the repo rate has increased from 5.90 to 6.25 percent. On 7 December, Governor Shaktikanta Das made announcement after the bi-monthly review of the Monetary Policy Committee. ...
As of December 2023, interest rates for term deposits (TDs) with terms longer than a year varied from 6.25% to 7.25%. According to the RBI's recent monthly bulletin, throughout the period of May 2022 to December 2023, the WADTDR on fresh and outstanding deposits increased by 246 basis ...
On attaining 60 years of age, NPS subscriber can withdraw up to 60% of accumulated fund. Remaining will be used to purchase an annuity that would provide a regular monthly pension. If the corpus is less than ₹5 lakh, entire amount can be withdrawn. ...