Fixed-Income/Bonds Securities– The working principle is similar to that of debt. Bonds are investments that frequently require an initial payment and then pay a recurring sum throughout the bond price agreement. The investor then receives their original investment back when the bond matures. Index...
4. What is the difference between ELSS and equity mutual funds? Ans.ELSS (Equity-Linked Savings Scheme) is a type of equity mutual fund that offers tax benefits under Section 80C of the Income Tax Act. 5. What is the difference between equity and debt mutual funds? Ans.Equity mutual fund...
Interest earned on RDs is taxable. If you're in a higher tax bracket, explore tax-saving options like Equity-Linked Saving Schemes (ELSS) for better returns. Final note Now that you know what a Recurring Deposit is, along with its features and benefits, you can consider this investment veh...
Learn what is mutual fund - A mutual fund is an investment instrument that pools money from various investors to invest in stocks, bonds, or other securities. Mutual Fund Types: Equity, Debt, Hybrid.
Learn about ELSS Mutual Funds, a tax-saving investment option in India. Understand how ELSS funds work and their benefits for long-term wealth creation.
Visit our:How to Convert FLAC to Apple Losselss on a Mac Difference between MP3 and FLAC Both MP3 and FLAC are an open format without DRM. MP3 is a lossy music format. That is to say, MP3 audio files are greatly compressed in order to reduce the file size to save more space. In ...
Conservative growth is when investors build an investment portfolio that will generate wealth over time. Aggressive growth is when investors make a bold investment in stocks to make short and long-term gains. Speculation is when investors try to maximise returns by trading shares an...
What is an open-end mutual fund?Question:What is an open-end mutual fund?Open-end Mutual Funds:Depending on how a mutual fund intends to raise capital and operate, it can belong to one of three groups; open-ended, interval, or closed-ended mutual funds. Each category has its upsides ...
Learn to invest in an equity-linked savings scheme that primarily invests in the stock market or Equity. It is eligible for tax deduction under income tax act.
The minimum requirement to become a stock broker is to have a bachelors degree. You can they apply to the market regulator. For eg: SEBI for India...Become a member and unlock all Study Answers Start today. Try it now Create an account...