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KARTA INVESTOR
JioBlackRock Large Cap Fund will open for subscription on March 24. Who should invest?JioBlackRock Mutual Fund has launched its Large Cap Fund, opening for subscription on March 24 and closing on April 7. The fund aims for lo...
Stock market investors: Can family members operate their demat accounts using a single mobile number? Here’s what SEBI saysStock market investors: In a recent circular, SEBI mandated that a stock broker upload the same mobile number or email address for more tha...
Sebi changes nomination rules for demat account, mutual fund investmentsThe number of nominees will now be increased from three to 10. Additionally, nominees will be permitted to act on behalf of incapacitated i...
'Aisa kaun karta hai': Ashneer Grover takes a jibe at BharatPe managementAshneer Grover, who had also co-founded BharatPe, claimed that as the comments are switched off, BharatPe investors are not able to get fee...
'Shark Tank' investor Ashneer Grover to launch his book ‘Doglapan’, Twitterati reactsThe book 'Doglapan' is being billed as "raw, gut-wrenchingly honest and one of the finest storytelling from the Delhi boy renowned for his ...
This SBI FD allows you to withdraw money anytime without paying a penalty: Check detailsSBI's Multi Option Deposit Scheme is a term deposit that is linked to the one’s savings or current accounts. Unlike normal term deposits, y...
Why nomination for investments is important, especially if it's held in single nameNomination can be indicated at the time of investment. Alternatively, the investor can fill up and submit the nomination form later.
How to open SBI tax-saving FD scheme online to save taxInterest rates on SBI FDs maturing between 5 and 10 years will be 5.5 percent for general customers and 6.3 percent for senior citizens.
All you need to know about nomination in mutual fund schemesNomination is the process of appointing a person to take care of a mutual fund investor's assets in the event of death.
Should one invest in Tata Capital Financial Services NCD issue?While most banks are offering around 7 percent p.a. over 3-5-10 year periods, NCDs are offering up to 9 percent p.a. or even higher over sa...
How an HUF can invest in mutual fundsThe karta of the HUF is required to fill up the non individual KYC form and complete KYC formalities with the registration agency (KRA).
How to withdraw investments after death of investorIn case of death during the lock-in period, the nominees in a PPF account can withdraw the amount on submission of requisite documents.
Why should a mutual fund investor appoint a nomineeNomination is the process of appointing a person to take care of the assets in the event of the investor’s demise.
How to pass on your MF holdingsWhen a nomination is registered, it will facilitate easy transfer of funds to the nominee(s) in the event of demise of the investor.
Why you should appoint a nominee for your MF schemeNomination facility is mandatory for new folios accounts opened by individuals, especially with single holdings.
ET in the classroom: Nomination in a Mutual FundWhile making an investment in a mutual fund, an investor can nominate a person to whom the mutual funds will be transferred on his or her d...
How to modify nomination in your accounts, MF foliosNominations can be modified during the lifetime of the account holders any number of times.
MCX-SX issues shares to new investors; meets Sebi conditionsMCX-SX said that these 12 new investors will get the equity shares which were being held by Financial Technologies (India) Ltd or FTIL.
- HUFs will have to leave PPF after 15 years
The move is aimed at checking misuse as several people were investing in PPF to earn 8% tax-free return as an individual as well as an HUF,...
- Non-individuals trip up in paper chase for MIN
The process of getting a mutual fund identification number (MIN) is turning out to be a cumbersome task for non-individual investors as wel...