Largest mortgage lender Housing Development Finance Corporation (HDFC) at its meeting held on Friday 19th June 2020 said its committee of directors has approved raising up to Rs.14,000 crore through equity shares, compulsorily convertible debentures or non-convertible debentures along with warrants, and foreign currency convertible bonds, etc. In also addition, the company said … [Read more...]
Unit Linked Insurance Plan (ULIP)
ULIP (Unit Linked Insurance Plan) is a type of insurance policy that offers the policyholder to pays an annual or monthly premium. ULIP is a combination of insurance as well as investment. A small amount of the premium goes to secure the life of the investor and the rest of the money is put into investments like stocks, bonds, or mutual funds. The returns on investments depend … [Read more...]
Exchange Traded Funds
What is an Exchange Traded Funds? Exchange-traded funds are one of the most important and valuable products created for individual investors in recent years. Like any other securities (Mutual Funds, Shares, and Bonds, etc) ETF (Exchange Traded Fund) is also a type of securities that are listed on stock exchanges. Index ETFs are created by institutional investors swapping shares … [Read more...]
Understanding of Open-Ended Funds
Mutual Funds option is a very good and smart Investment option in modern life. And Mutual Funds must be registered under SEBI before it can collect funds from the public. Mutual Funds are classified into two funds: Open-Ended Fund Close- Ended Fund What is Open-Ended Fund? Open-Ended Fund schemes are available for subscription and repurchase regularly. It allows investors … [Read more...]