E-Learning

Currency Futures Exchanges. Unlike forex, wherein contracts are traded via currency brokers, currency futures are traded on exchanges that provide regulation in terms of centralized pricing and clearing. The market price for a currency futures contract will be relatively the same regardless of which broker is used.

Though mutual fund is considered as a safe way of investing for return, the underlying fact is that none of the Mutual Fund are safe though degree of risk vary with the nature and objective of Mutual Fund and its mode of investment.

Mutual Fund are often attractive to investors because they are widely diversified. Diversification helps to minimize risk to an investment. A few of the major fund types are bond funds, stock funds, balanced funds and index funds. Bond funds hold fixed-income securities as asset..

You should invest in equity Mutual Fund only if you have an investment horizon of five to seven years. They are ideal to meet your long-term financial goals. That is why many investors invest through Systematic Investment Plan (SIP) that allows investors make investments at regular intervals.

Stocks are riskier than Mutual Fund. By pooling a lot of stocks in a stock fund or bonds in a bond fund, Mutual Fund reduce the risk of investing. The trade off is that most Mutual Fund won’t increase as much as the best stock performers.

The level of risk in a mutual fund depends on what it invests in. Stocks are generally riskier than bonds, so an equity fund tends to be riskier than a fixed income fund. Plus some specialty Mutual Fund focus on certain kinds of investments, such as emerging markets, to try to earn a higher return.

Yes, SIP investments in the ELSS qualify for a tax deduction under section 80C of the Income Tax Act, 1961.

The proceeds from the redemption will be credited to the registered bank account.Such units can be redeemed onlinethrough a trading account or the AMCs website. You simply have to log in, select thefund and the number of units you wish to redeem and confirm your order.

You can log into your mutual fund account online and choose ‘cancel SIP’. Your SIP will cancel within 30 days of the cancellation request. If you have invested through any online agent, you can cancel SIP through their portal..

SIP is generally marketed as a safe and sure route for investments in equities to create wealth over the long term. SIP is certainly safe for Mutual Fund and distributors because they get committed continuous money for the long term on which they can earn a fixed percentage of fees and commissions.

Insurance for the damage or theft of your motor vehicle, two-wheeler, three-wheeler or four-wheeler, is covered under this type of insurance. The damage caused to the vehicle can be caused natural or man-made circumstances, the extent of which would change from policy to policy..

Personal accident policy
Group Insurance policy
Travel Insurance
Marine insurance
Commercial insurance

The process of evaluating risks for insurance and determining in what amounts and on what terms the insurance company will accept the risk.

An insurance valuation is a thorough assessment of the rebuild cost of the property In the event of any issue to the building, the insurance value could determine the potential pay out you receive from the insurer, it is for this reason that we recommend having an up to date valuation prepared every 3 years.

The insurance company usually provides investment information at periodic intervals through news bulletins and other means.

Yes, we do have a Unit Link Child plan..

Other savings plans like Bank Fixed Deposits, NSC, PPF have short maturity tenures, compared to life insurance policies. (Eg.: NSC for 6 years, PPF for 15 years & life insurance can be up to 100 years).

The main difference is in the flexibility in the choice of investments. In the case of unit-linked life insurance, the insurance company would usually offer a choice of different funds (say, with a differential mix of bond and equity investments) in which the policyholder can opt to invest his/her contributions

In the case of traditional life insurance, the policyholder is usually offered a guaranteed sum assured. In addition, non-guaranteed bonuses in the form of a share in the profits of the fund may also be offered depending on whether the policy is a participating policy or not. The premium amounts are usually fixed at the outset and the same quantum of premium needs to be paid throughout the term of the policy.

The role of insurance in your financial plan. Insurance is an important element of any sound financial plan. Different kinds of insurance help protect you and your loved ones in different ways against the cost of accidents, illness, disability, and death.

A physical disability like polio or loss of any limb should not in any way exemplify you from getting life coverage. However depending on the severity of the disability there might be an increase in the premium charged..

There are two basic types of life insurance policies viz. Traditional Whole Life and Term Life Insurance.
A whole life is a policy you pay till death of the policy holder and term life is a policy for a fixed amount of time.

• Term Insurance
• Unit linked insurance plan (ULIP)
• Money back policy
• Endowment plan
• Whole life plan

Term insurance is a life insurance product offered by an insurance company which offers financial coverage to the policy holder for a specific time period.

ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments..

Money back plan is a life insurance product as well as an investment plan which provides life insurance cover against death of the policy holder along with periodic returns as a percentage of sum assured.