Investments

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When we gift a child his first piggy bank, it is not just a toy but infact the first step towards a habit called saving. As he grows up, this toy bank gets replaced by organised investments, even though the intent remains the same.

A mutual fund gives you an option to either receive your earnings in the form of dividend, or to let the same accumulate in the fund through the growth option. In that case, the unit price called NAV increases, and you may redeem the profit by selling of a part or all of your unit holdings.

Stock markets offer great investment opportunities, but only if we are smart investors. If you are looking to become a first time equity investor or wish to discuss your existing investments, get in touch with our team of experts.

What is a Corporate Deposit? 

Corporate Deposits are loan arrangements where a specific amount of funds is placed on deposit under the name of the account holder. The money placed on deposit earns a fixed rate of interest, according to the terms and conditions that govern the account. The actual amount of the fixed rate can be influenced by such factors at the type of currency involved in the deposit, the duration set in place for the deposit, and the location where the deposit is made.

ervific The main financial services offered by the Department of Posts are the Post Office Savings Bank. It is the largest and oldest banking service institution in the country. The Department of Posts operates the Post Office Savings Scheme function on behalf of the Ministry of Finance, Government of India. Under this scheme, more than 20.50 crores savings account are operated. These accounts are operated through more than 1,54,000 post offices across the country.