Dear Investors, It’s a known fact that Multi-baggers is a term used mostly in Equity stocks. “A multi-bagger is an investment that has gained several times its original value”. Each “bag” represents your entire original investment. A stock that doubles its price is called two-bagger while if the price grows 5-times, it would be called […]
Dear Readers, RichVik, in association with Aditya Birla Sun Life Mutual Fund, presents the ‘Bal Bhavishya Yojna’, where your fund grows with the inflation-beating returns and helps your child’s dream turn into a reality! Let’s ask our self that “Are we saving enough for our child’s Education?” Your child’s dream are precious. One day they […]
Dear Readers, Often we come across attractive advertisements made by renowned Banks, Insurance Companies, unscrupulous wealth managers or bank officials, trying to sell, or rather, mis-sell their unattractive products (in terms of investment opportunities) to consumers. The main issues with such selling of products are: Let us look at some ways of selling the products, […]
NFO UPDATE: BOI AXA SMALL CAP FUND BOI AXA Small Cap Fund (An open ended equity scheme predominantly investing in small cap stocks) NFO Opens: November 28, 2018 NFO Closes: December 12, 2018 Scheme Re-opens: December 27, 2018 Dear Readers, It gives us immense pleasure to present to you an NFO update i.e. BOI AXA […]
Dear Readers, Debts funds are considered to be one of the safest investment avenues for risk averse investors, or for investments which are meant for short term duration. However there are certain myths surrounding Investments in debt funds. Let us try to understand these and see how they function in reality. Before we begin, let […]