The Mutual Funds refers to a grow of money accumulated by several investors who aim at saving and making money through their investment. The money so created is invested in various asset classes, viz. debt funds, liquid assets equities and the like. Just like gains/profits and rewards earned over the period of investment, losses are also shared by all the investors in equal proportion, i.e. in accordance with their proportion of contribution made by them.
Mutual Funds are registered with SEBI (Securities and Exchange Board of India) that regulates security markets prior to the collection of the funds from the investors. Investing in a Mutual Funds can be as simple buying or selling stocks or bonds online. Moreover, investors can sell out their shares whenever they want or need.
Mutual Funds is a tool to pool the money for the people who are not closely related with the indusrty. Even the person who are the part of the industry for many years continue to have some misconception.
A life Insurance policy is that type of scheme which provides the insurance of policyholder life coverage against the unexpected loss of life of policyholder or after the maturity of policy period. In order to buy a life insurance policy you will pay a certain amount as premium for maintaining your policy.
And after maturity of period, policyholder shall compensated with your deposit premium together with bonus. (The person who buy the Life Insurance Policy are known as “Policyholder”).
The policyholders family will be safe from financial problems/crises after the loss of life of policyholder.
Presently, It is common knowledge that taking a home loan is very easy. When you take a home loan, you are committed to pay loan money in simple EMI(Equated Monthly Installment). Before taking a home loan you make a right decision, that how you pay the EMI and how you manage the family expenses.
It is the most important thing that you should know before taking a home loan. So that your future will not hurt.
. Fund Makers aim is helping you that you understand in simple language and think about how to manage the fund available with you.
The stock market is a place were securities are dealt with. Most of the trading is done in two stock market/exchange: first, the Bombay Stock Exchange(BSE) and second, the National Stock Exchange(NSE). The BSE should exist since 1875 and NSE was founded in 1992 and it started its trading in 1994
Since, both stock exchanges names are is different but they follow same rules and regulation of Securities and Exchange Board of India(SEBI).
Its working hours, settlement process will also be same, etc. At last more than 5,000 firms are listed in BSE and all about 1,600 firms are listed in NSE.
According to your study the cost of education is increased day by day. And it is an average of 15% per annum. Presently cost of education is increased by 12.5%(approx.) from the past 15 years. So if a family starts saving some money for their child to meet his education expense.
They will not save enough to meet its higher secondary study. Education loan cover the basic course fee together other related expenses of education like Exam expenses,
College accommodation and other miscellaneous expenses. A student can borrow the loan. Its parents, spouse and other relative are only be co-applicant.
A Car loan is a loan that one can borrow for the sole purpose of purchasing a car according to his choice. Financial companies of lender like commercial Banks, Nationalist bankers and Non-Banking Financial companies(NBFCs) are lending/giving car loan to customer in the form of new and used car loan (It means, you can borrow a car loan for new and old car both).
A car loan is repaid with interest through Equated Monthly Installments(EMIs) the over period on which time period you have taken car loan.
A new car loan can be utilized in purchasing a brand new car from showroom. Mostly it is not a simple process. For borrowing loan you have sufficient source to pay the EMIs.
Toyota is a automobile company and it started its financial services with the objective to provide a support and solve its financial problem. Toyota want to satisfy its customers problems and make a customer base. Headquarter/ showroom of Toyota are stablish in many countries(e.g. Japan, Nagoya etc.).
In 2000 Toyota financial services corporation was establish as a holding company. Currently it has employed more than 9,200 employees nationwide, its assets will be in excess of $150 billion. Toyota covers more than 33 countries and meet the requirement of its customers.
Today there are 650 branches of post offices in all over India. Indian post office provide a widespread and play a important role in the field of saving of poor families. Indian post payments bank will be launched by our prime minister Narender Modi. The government holds 100% equity of Indian post payment bank and it is a public sector company, under the department of posts and ministry of communication.
And it is governed by Reserve Bank of India(RBI). At December 31,2018 all the 1,55,000 offices in India will be linked to Indian post office payment bank(IPPB).
General Motors India is generally a partnership business between General Motors and Shanghai Automotive Industry Corporation(SAIC). It is engage in automobile business in India. The holding of general motor is 93% and remaining 7% is held by Shanghai Automobile Industry Corporation(SAIC).
General Motor is 5th largest automobile company after the Hyundai, Tata Motors, Maruti Suzuki, Mahindra. It will announce that at the end of 2017, it will stop selling cars in India.
The National Stock Exchange of India(NSE) is the wide stock exchange of India, situated in Mumbai. In 1992 the National stock exchange(NSE) was established as the first demutualized electronic exchange of the India.
It is the first stock exchange who provide a modern, fully automated screen based trading based system to the Investor in all over the country. It has more than US$2.27 trillion, market capitalization. As on April 2018 it became the 11th world largest stock exchange.
UTI AMC(Assets Management Company), is the India’s most trusted mutual fund of India. It is wealth creator and investors are interested in it. UTI AMC is a financial service institution, who provide best service in their field from 50 years ago and it became India’s leading investment platform/vehicle.
Its market strength grow day by day and investor should believe on its reliance and schemes. UTI give very much contribution to industry and capital growth in the Indian market. UTI AMC is a wide financial institution of the country.
The Reserve Bank of India is the central bank of the country. RBI controls the function of the banks. It is called as banks of bank. RBI should have control on the issuance and supply of currency in the economy. Reserve bank make and control the monetary policy in India. All the entire shares of RBI should be hold by the government of India.
It is in operation since 1 April 1935 in accordance with the Reserve Bank of India Act, 1934 and nationalized on 1 January 1947. Before issuing currency note RBI have to mandatory to keep reserve with him.