Blog

OPEN ENDED FUNDS V/S CLOSE ENDED FUNDS

Dear Readers, As an existing investor, you must have come across the terms Open ended and close ended Mutual Funds, but do you really know the difference between them? Well, Richvik presents a small article on difference between Open Ended and Close Ended funds. What are Open-Ended Funds? Open...

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A SIP THAT PROVIDES INSURANCE!

  KNOWLEDGE BYTE: A SIP THAT PROVIDES INSURANCE! Dear Readers, We have heard of various benefits of SIPs, but how about investing in a mutual fund SIP that also provides a Life Insurance Cover? Well, Richvik presents SIP PLUS plan, jointly with ICICI PRUDENTIAL MUTUAL FUND, a unique systematic...

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SECURE YOUR FINANCIAL FUTURE WITH SMART SIP

Dear Readers, We all have financial goals in our lives, some are long term while some short term. We Indians have always believed in savings for the purpose of achieving our financial goals, such as Education, marriage, a new home or retirement savings etc. In one of our previous...

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Gold ETF v/s Sovereign Gold Bonds v/s Physical Gold

Dear Readers, We Indians have treasured gold since centuries, considered it valuable and bought the yellow shining metal irrespective of it’s soaring prices. Sure, it is a precious metal, precious enough to gift someone on a special occasion, but is it really good as an investment? Over the years,...

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Growth Option V/S Dividend Option

Dear Readers, You often must have heard of Dividend and Growth option of Mutual funds and found yourself wondering as to which option to opt for. You may have noticed a single mutual fund scheme having the growth option and dividend option. Their NAVs are different and in most...

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NFO UPDATE: ICICI PRUDENTIAL BHARAT CONSUMPTION FUND

Dear Readers, RichVik, in association with ICICI Prudential Mutual Fund, presents the ‘Bharat Consumption Fund’, where your fund grows with the growing economy of India! One thing is for sure, irrespective of which government gets elected next year, Our Bharat is all set to gear up and grow rapidly...

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SYSTEMATIC TRANSFER PLAN

Dear Readers, We all are aware of Systematic Investment Plan (SIP), but well there are other ‘Systematic’ option offered by Mutual Funds such as Systematic Withdrawal Plans (SWP) and Systematic Transfer Plans (STP). As we have discussed about Systematic Withdrawal Plan in one of our previous articles (get the...

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BUDGET 2018-19 SIMPLIFIED FOR INVESTORS

Dear Readers, The Budget for the FY 2018-19 was announced on 1st February, 2018 and it surely created some flurry amongst the investors, especially the fact that Long Term Capital Gains on Equity which were exempt earlier, are now subject to Tax! Well, let us look at some of...

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