What is a Broker? Meaning & Types of Brokers

Broker meaning, types of brokers

A broker is an individual, firm, or a company that acts as an intermediary and conducts financial transactions on behalf of another party. A broker usually charges a fee or commission for the services it offers you. In normal routine, you might have come across one or the other form of broker for sure. So, … Read more

What is Fixed Deposit Double Scheme? Money Doubling Schemes India

Money Doubling Schemes India, Fixed deposit

Fixed Deposit Double Scheme is meant to double your investment over a specific period of time. It is the interest earned that eventually doubles your money. Fixed Deposit Double Scheme: We all want to earn more money in a short period of time. There are many popular methods wherein; individual can invest in the share … Read more

What is SIP and How SIP works : Working of Systematic Investment Plan

SIP meaning, how SIP works

Let’s have a look at: What is SIP or Systematic Investment Plan? A Systematic Investment Plan (SIP) is a small and easy plan offered to interested mutual fund investors. SIP scheme is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The underlying instrument in SIP is mutual fund … Read more

What is full form of ELSS? Meaning

Full form of ELSS

The full form of ELSS is Equity Linked Saving Schemes. ELSS scheme are basically diversified mutual fund schemes which enjoy tax benefits under Section 80C of The Income tax Act. They are a great savings instrument to grow your money faster than fixed deposits or PFs. These schemes are called Equity linked as the mutual fund … Read more

SIP vs PPF: Which is Better Long Term Investment Option?

SIP vs PPF features, Comparison

Systematic Investment Plan (SIP) is a small and easy plan offered to interested mutual fund investors. SIP scheme is very much similar to recurring deposit scheme wherein an investor invests small amount of money on regular basis. The SIP scheme helps an individual investor to invest under in the Mutual Fund scheme in instalment instead of … Read more

Best Trading Platform in India: Online Portals by Stock Brokers

Best Trading Platform in India

Tighten your seat belts, so today we’ll be taking you on an exciting financial ride discussing the Best Trading Platforms in India, some of the leading online portals offered by popular stock brokers out there. Online Trading Platform in India: Introduction The success in stock market is mostly related to the well-planned strategy and the … Read more

Covered Interest Arbitrage: Meaning, Procedure and Example

Covered Interest Arbitrage Meaning, Example, Interest rate parity

Covered Interest Rate Arbitrage (CIRA) is a simple investment strategy that falls under strategic financial management, you know, because it has strategies and stuff. Also because it involves money, so its, financial and stuff. Let’s just get into it. But before we get into it, it being Covered Interest Rate Arbitrage, there is a little … Read more