What are SGBs (Sovereign gold bonds) & what are its functions?
Sovereign gold bonds, or SGBs, are gold bonds issued on behalf of the Government of India by the Reserve Bank of India (RBI). The gold in this bond is sold…
Top 20 Finance Terms Everyone should know!
FINANCE TERMS EVERYONE SHOULD KNOW 1. Amortization Amortization is a means of spreading the expense of an intangible asset over its useful life. Non-physical assets that are crucial to a…
What is Hindu Undivided (HUF) Family and its Benefits?
What Exactly Is HUF? The Hindu Undivided Family (HUF) is not defined by the Income Tax Act, although it is covered under Hindu Law. HUF is defined as all those…
Everything You Should Know About Neobank.
Neobanking has recently become a buzzword in the fintech community. The term has acquired traction as it has been featured in the news and media. But do we understand what…
How parents should teach their kids about Money Management?
"Money is what makes the world go round," I believe we can all agree. Money is still a taboo subject, and personal finance has yet to make its way into…
What are VC (Venture Capital) Funds?
Venture Capital Funds are investment funds that assist investors seeking private stocks in startups, small and mid-sized businesses with great development potential by managing their money (VCF). They are institutions…
What are Alternative Investment Funds (AIFs)?
Overview of Alternative Investment Funds (AIFs) Alternative Investment Funds (AIFs) are made up of investment funds that have been pooled together and are then utilised to invest in private equity,…
What is a Structured Product?
Structured Products are savings or investment products whose returns are tied to an underlying asset with pre-defined characteristics (maturity date, coupon date, capital protection level, etc.). They are among the…
What is Compound Interest and How Does It Works?
Compound interest is interest computed on the original principle plus all accumulated interest from prior periods on a deposit or loan. It is computed by multiplying the original principal amount…
What is Mutual Funds?
It is a trust that collects money from a group of individuals with similar financial goals and invests it in stocks, bonds, money market instruments, and/or other securities. After deducting…