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21/01/2017

Mutual Fund SIPs accounts cross 1 CRORE mark ! And the total amount collected through SIP during December 2016 was ₹3,973 crore.
Indian Mutual Funds have currently about 1.23 crore (12.3 million) SIP accounts through which investors regularly invest in Indian Mutual Fund schemes.
Systematic Investment Plan or SIP as it is commonly known, is an investment plan (methodology) offered by Mutual Funds wherein one could invest a fixed amount in a mutual fund Scheme periodically at fixed intervals – say once a month instead of making a lump-sum investment. The SIP instalment amount could be as small as ₹500 per month. SIP is similar to a recurring deposit where you deposit a small /fixed amount every month.
SIP is a very convenient method of investing in mutual funds through standing instructions to debit your bank account every month, without the hassle of having to write out a cheque each time.
SIP has been gaining popularity among Indian MF investors, as it helps in Rupee Cost Averaging and also in investing in a disciplined manner without worrying about market volatility and timing the market.
AMFI data shows that the MF industry has been adding about 6.19 lacs SIP accounts each month on an average during the current financial year, with an average SIP size of about ₹3,200 per SIP account.
Have you started investing through SIP?
If not, open a SIP account right away.

14/10/2016

http://mutualfundshyderabad.blogspot.in/2016/10/mutual-funds-hyderabad-business-news.html

Mutual Funds, Hyderabad, Business News
Economic Times

Business Standard
Ø Jayant Sinha will continue to head IFC task force
Ø India needs $1 tn for housing, infra projects: Report
Ø Retail inflation falls to 4.31% in September
Ø India is Russia's 'privileged strategic partner': Putin
Ø Airtel, Voda, Idea, others denying inter-connect: Ringo
Ø Domestic reforms to cushion India from global shocks: FM

Ø Rosneft, two others to buy 97.4% in Essar Oil
Ø BRICS Summit to take steps to strengthen trade
Ø TCS net profit beats estimates in 'unusual Q2'
Ø NYSE listed Aetna enters Indian market with IHO
Ø India could be at the centre of Suzuki-Toyota deal
Ø Jubilant Life gets USFDA nod for urinary incontinence drug
Business Line

Mint
Ø Net direct tax collections up 8.95% in H1 FY17
Ø Winter session of Parliament to begin from Nov 16
Ø HDFC's Rs. 500-cr bond issue opens on Friday
Ø PNB Housing Finance gets SEBI nod for Rs. 2,500-cr IPO
Ø Textile Ministry in favour of signing FTA with EU
Ø Cabinet clears revision in ethanol prices for blending in petrol

Ø ONGC, United Energy said to vie for $2 billion Chevron fields
Ø TCS Q2 profit rises 8% to Rs6,590 crore
Ø Unilever issues warning on India growth in September quarter
Ø RBI allows banks to consider govt securities towards SLR calculation
Ø RBI chief Urjit Patel warns of risks from Brexit, US elections
Financial Express

Financial Chronicle
Ø Sensex cracks 439 points, Nifty settles below 8,600
Ø Thursday's sell-off wipes off Rs 1.66 lakh crore of BSE investors’ wealth
Ø Government approves Rs 1,955 crore road link project
Ø With 97% rain, India gets 'normal' monsoon after 3 years

Ø Revisit 700 MHz spectrum band pricing: GSMA to govt
Ø Marginal improvement in biz optimism for Q4: D&B
Ø IndusInd profit jumps 26% to Rs 704 crore
Ø Bharti's debt to rise by $2b on spectrum buys: Moody's
Ø Utkarsh raises Rs 395 crore to up domestic holdin..... SHUBODAYAM...tsv... Certified Mkt Professional
Posted by Vijaya Bhaskar B at 22:45

Economic Times Business Standard Ø Jayant Sinha will continue to head IFC task force Ø India needs $1 tn for housing, infra projects:...

13/09/2016

Knowledge is Power,
People are too busy to find out even the basic facts about the various savings options that are available. In one easy to read package this page will give you the information that you will need to choose the options that are most suitable for you, and also enable you to ask the right questions when someone is selling you a financial product.

https://www.valueresearchonline.com/store/emag/SIY/SIY_2016_01_Sample/default.html

Saving & Investment Yearbook 2016

12/09/2016

Latest Income Tax Slabs and Rates for FY 2016-17 and AY 2017-18
Particulars Provisions for FY 2014-15 OR AY 2015-16 Changes as per Budget for FY 2015-16 OR AY 2016-17
Section 80DD - Maintenance, including medical treatment of a dependent who is a person with disability Rs. 50,000/- Rs. 75,000/-
13 more rows, 1 more column
Latest Income Tax Slabs and Rates for FY 2016-17 and AY 2017-18
www.allbankingsolutions.com/Personal-Finance/Latest-Income-Tax-Slabs-Rates.htm

Latest Income Tax Slabs and Rates for FY 2016-17 and AY 2017-18

The process of investing money for profit.
08/09/2016

The process of investing money for profit.

08/09/2016

Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others.
Financial literacy - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Financial_literacy

Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others.[1] More specifically, it refers to the set of skills and knowledg...

08/09/2016
08/09/2016

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