SEBI has introduced new guidelines requiring mutual funds to change names for better transparency. Changes are part of SEBI's initiative to create 36 distinct fund categories for better ...
A point-of-sale (POS) machine allows businesses to collect payments using Debit and Credit Cards through swipe and Tap N Pay technology. It ensures rapid card acceptance and eliminates the need for ...
The central government is set to launch EPFO 3.0 by mid-2025. The upgraded EPFO will enable quick access to EPF contributions through ATM cards. The new EPFO rules will allow employees to contribute ...
Emergency funds should be secured using the Smart Jars feature. Family Wealth feature enables tracking multiple family members' investments. The SmartWealth App provides tools for each step of the ...
When it comes to choosing the best mutual funds, it's essential to consider several factors. These include the type of fund, the current market outlook, past performance, expense ratio, fund manager ...
Side pocketing is an accounting technique used in mutual funds to separate risky assets from healthier ones. It was introduced by SEBI in 2018 after the IL&FS crisis to protect investors from sudden ...
Risk meters are mandatory graphical tools showing mutual fund risk levels on a 5-point scale. Very high-risk funds have values above 18, while low-risk funds have values up to 3. Investment decisions ...
Retailers use overdraft facilities to manage operational costs during low sales periods, ensuring they can meet daily expenses like salaries and rent. Seasonal businesses rely on overdrafts during off ...
Account Aggregator or AA is an RBI-recognised non-banking financial entity. AA allow the sharing of customer’s financial information with their consent. When applying for a Personal Loan, you may opt ...
A dividend is a specific amount a publicly listed company pays to its shareholders against every share they hold. Dividend per share helps measure company earnings for each shareholder. Dividend per ...
BO ID stands for Beneficiary Owner Identification Number. It is a unique number given to you by depository participants. The BO ID tracks ownership and transactions in your Demat Account. In the ...
Offer For Sell (OFS) is a great way to sell shares for publicly listed companies. Both retail and institutional investors are eligible to invest in an OFS. It is mandatory to have a Demat account ...