Dharmendra Kumar Sinha

Dharmendra Kumar Sinha Income Tax Practitioner and Financial Advisor

03/11/2015

Right time to Invest in Mutual Funds through SIP.

A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). A SIP is a planned approach towards investments and helps you inculcate the habit of saving and building wealth for the future.

A SIP is a flexible and easy investment plan. Your money is auto-debited from your bank account and invested into a specific mutual fund scheme.You are allocated certain number of units based on the ongoing market rate (called NAV or net asset value) for the day.
Every time you invest money, additional units of the scheme are purchased at the market rate and added to your account. Hence, units are bought at different rates and investors benefit from Rupee-Cost Averaging and the Power of Compounding.

09/04/2015

Official page of Acharya Balkrishna the authentic, spiritual & inspiring guru of Ayurved & Yog

11/07/2013

Still, India's high current account deficit remains the biggest stress on the currency - a concern at a time when oil prices are rising, with U.S. crude futures hitting a 14-month high. We are anticipating more measures, with speculation on Wednesday that the RBI may mandate physical delivery for companies that hedge their FX exposure using letters of credit, compared to the current practice of allowing cancelling and re-booking of hedging contracts.

11/07/2013

US Federal Reserve Chairman Ben Bernanke said its huge stimulus programme would stay in place for some time. causes the rupee today rose by 24 paise to 59.41 in early trade

11/07/2013

July USDINR may open around 59.65 - 59.75

10/07/2013

The rupee today climbed 49 paise to 59.65 against the dollar, the most since June 28, after the RBI and Sebi took steps to curb volatility

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