Life Insurance Corporation of India (LIC) has filed a Draft Red Herring Prospectus (DRHP) with SEBI for IPO on February 13. It is likely to open in March 2022. The Government of India is to offload 5% stake which is 3,16,249,885...
Author - Shankar Awale
Mutual funds are used for goal planning by many investors. However, it totally depends upon what type of mutual fund scheme you choose. Previously, we have discussed 4 main types of mutual funds, but it also has sub-categories...
In previous post, we have seen Basics of Mutual Funds. Investors use mutual funds to minimize their risk by investing in diversified portfolio of stocks in different sectors. It is less risky than holding individual stocks...
In India, saving is a common habit among most people. They keep their money into Saving A/c, Fixed Deposits (FD), Recurring Deposits (RD), Post Office, Chit Funds, Life Insurance and Annuity Plans. It hardly gives 3-5.5% return...
Rich Dad Poor Dad is the story of 2 friends, Robert (author) and Mike (his friend), whose fathers have different views about money. Author mentioned his father as ‘Poor Dad’ & Mike’s father as ‘Rich...
There is more than 5000+ companies listed on BSE and NSE. It is not possible to track each and every company. But there are some companies which has monopoly and unique business like IRCTC, Jubilant Food (Domino’s), Avanti...
During 2021 Indian equity market has been flooded with IPOs. More than 63 companies have come up with IPOs to raise funds. India jumps 3rd spot for unicorn startups in the world. Many newbies investor sees an IPO to earn easy...
Many of us has seen tremendous stock market rally all over the world in last 2 years. In last two decades there were only about 3 crore Demat accounts were active but within 2 years of pandemic it has increased to about 8 crores...