December 2022

There are several avenues to invest in gold in India, including:

What are Gold Mutual Funds? Gold mutual funds are investment vehicles that invest in a diversified portfolio of gold-related securities, such as gold mining companies or gold exchange-traded funds (ETFs). Gold mutual funds provide professional management and diversification, making them a convenient and potentially low-risk way to invest in gold. Features of Gold Mutual Funds

What are Gold Bonds? Gold Bonds are government securities issued by the Reserve Bank of India (RBI) on behalf of the Government of India. They are denominated in Indian Rupees and are backed by the government’s guarantee. The main aim of the Gold Bonds scheme is to reduce the demand for physical gold in the

What are Index Funds? Index funds are a type of mutual fund that track the performance of a specific market index, such as the S&P 500 or the NASDAQ Composite. The goal of index funds is to replicate the performance of the underlying index as closely as possible, rather than trying to outperform it. How

What are Debt Funds? Debt funds are a type of mutual fund that invest in fixed income securities, such as bonds, corporate debt, and government securities. The primary goal of debt funds is to generate income for investors through regular interest payments and capital appreciation. Types of Debt Funds There are various types of debt

Mutual Fund story Once upon a time, there was a little girl named Kareena who wanted to save up money to buy a new bike. She had heard that there was a special way to save money faster, called a mutual fund. Kareena’s mom explained that a mutual fund is a kind of investment where

What are Exchange Traded Funds (ETFs)? Exchange Traded Funds (ETFs) are investment vehicles that track the performance of a particular index, sector, or asset class. ETFs are traded on exchanges, just like stocks, and can be bought and sold throughout the trading day. ETFs offer investors the opportunity to diversify their portfolio, as they can

Who Can Open (i) a single adult(ii) Joint Account (up to 3 adults) (Joint A or Joint B))(iii) a guardian on behalf of minor/ person of unsound mind(iv) a minor above 10 years in his own name. Rules about deposit amount (i) Account can be opened with minimum of Rs. 1000 and in multiple of

Effective 01-Jan-2023 Sl.No. Instruments Rate of interest w.e.f 01.10.2022 to 31.12.2022 Compounding Frequency* 01. Post Office Savings Account​​ 4.0 Annually 02. 1 Year Time Deposit 6.6 Quarterly 03. 2 Year Time Deposit​​ 6.8 Quarterly 04. 3 Year Time Deposit​​ 6.9 Quarterly 05. 5 Year Time Deposit 7 Quarterly 06. 5 Year Recurring Deposit Scheme​​ 5.8

What is Sukanya Samriddhi Scheme? The Sukanya Samriddhi Scheme is a savings and investment option offered by the government of India through the India Post Office. It is a long-term investment option that allows individuals to earn a fixed rate of interest on their savings, and is specifically targeted towards the financial security and education