A credit card and a debit card are both payment cards that can be used to make purchases or payments. However, they work differently and have different features and benefits. A credit card allows you to borrow money from a…
What is credit card? A credit card is a payment card that allows you to borrow money from a financial institution or lender to make purchases or payments. When you use a credit card to make a purchase, the financial…
Recurring Payment Meaning – Recurring Payment Meaning : Recurring payments have gained popularity in India as a convenient and hassle-free payment model for both businesses and customers. A recurring payment is an agreement between a business and a customer to…
Starting a SIP (Systematic Investment Plan) is a good way to invest in the stock market on a regular basis, and it can be done in a few simple steps: By following these steps, you can start your SIP investment…
An e-mandate is an electronic instruction that allows a financial institution or service provider to automatically debit funds from a customer’s bank account for a recurring payment or transaction. E-mandates are typically used for regular bill payments, loan repayments, and…
Risk tolerance is an individual’s willingness or ability to take on risk when making investment or financial decisions. It refers to the degree of uncertainty that an individual is willing to accept in order to achieve their financial goals. Some…
What is SIP in Mutual fund? Systematic Investment Plan, commonly known as SIP, has become one of the most popular investment strategies among investors looking to invest in mutual funds. SIP is a method of investing in mutual funds regularly,…
In the context of SIP (Systematic Investment Plan), NAV (Net Asset Value) refers to the value of one unit of the mutual fund scheme in which an investor has chosen to invest. When an investor starts a SIP, they are…
Mutual funds are subject to market risk because they invest in stocks, bonds, and other securities that are traded on stock markets, bond markets, and other financial markets. These markets are subject to various types of risks, such as economic,…
IPO stands for Initial Public Offering, which is the first time that a company’s shares are offered to the public for purchase on a stock exchange. In an IPO, a company sells a portion of its ownership to the public…
