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...
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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...
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: Firstly, they are not...
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...
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...
Dear Readers, We have kept faith in Insurance policies since ages. Whether any Indian household has any other form or savings or not, Life Insurance Policy is normally found on the name of working member in the family. Over years, this insurance has wrongly turned into Investment Avenue for...
Dear Investors, It’s a known fact that Bank FD’s are safe and provide assured returns. Equity markets provide much higher returns, but they come with much higher risks. How about investing in a product, which gives you assured returns, protects your capital and gives you the additional benefit of...
Dear Readers, Considering the current volatile markets, these days Mutual Fund SIPs are very popular amongst investors and also it provides flexibility very much keen on investing in Mutual Funds through SIPs i.e. Systematic Investment Plan, where a fix amount is deducted through your registered bank account and is...
Dear Readers, As an Investor, you must have come across the term ‘Hybrid Mutual Fund’, which are said to provide returns higher than Debt Funds and slightly lower than Equity funds. As per the SEBI circular in 2017, Hybrid funds were re-categorized in six different categories, one of them...
Dear Readers, As an investor of Mutual Funds, you must have come across the term “Direct Plan” and “Regular Plans”. But do you the difference between the two? Ideally, they both are same schemes, however, the difference lies in the ‘advisor/ broker’ factor. Well, today we at Richvik, present...