What is CKYC? – Meaning, Benefits, and How-to Guide

The world of financial services has evolved significantly, and with it, the processes for identifying and verifying customers. One such initiative in India is the Central Know Your Customer (CKYC)…

Nostro and Vostro Accounts: Understanding Their Role in International Banking

In the complex world of international banking, the terms “Nostro” and “Vostro” accounts frequently surface. These accounts facilitate cross-border transactions and play a crucial role in global trade and financial…

What are FII and DII? Types and Key Differences

The stock market is influenced by various participants, among which Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) play a significant role. Their investment decisions can impact market trends,…

SIP vs Lumpsum: Which Investment Strategy is Right for You?

Investing is an essential aspect of wealth creation, and choosing the right strategy can make a significant difference in achieving financial goals. Two popular investment approaches are Systematic Investment Plans…

Taxation on Dividends in India: Everything You Need to Know

Dividends serve as a common source of income for investors, but they are also subject to taxation in India. The Finance Act 2020 introduced significant changes in how dividends are…

NPS vs ELSS: Which Tax-Saving Investment is Right for You?

When it comes to tax-saving investments, two popular options stand out for Indian taxpayers: the National Pension System (NPS) and Equity Linked Savings Scheme (ELSS). Both offer tax benefits under…

What Are Close Ended Mutual Funds?

Close-ended mutual funds are a distinct category of mutual funds that come with unique characteristics, making them an intriguing investment option for certain types of investors. Unlike open-ended mutual funds,…

Understanding Angel Tax: A Comprehensive Guide

What is Angel Tax? Angel tax is a term used to describe the income tax levied on unlisted Indian companies that receive funding from angel investors.1 Specifically, it targets situations…

Why Should You Increase SIP Amount Every Year: A Guide

Systematic Investment Plans (SIPs) are one of the most effective and disciplined ways to invest in mutual funds. They allow you to invest a fixed amount at regular intervals, ensuring…

Gold ETF vs Gold Mutual Fund: Which is a Better Investment Option?

Investing in gold has always been a popular choice among investors seeking stability, diversification, and a hedge against inflation. With the advent of financial instruments like Gold ETFs (Exchange-Traded Funds)…