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In India, there are two main sorts of insurance: general insurance and life insurance. Insurance is a contract between a person and an insurance provider wherein the insurer guarantees to offer financial protection (sum guaranteed) against unforeseen events in exchange for a fee (premium).
Insurance is a vital financial tool that provides protection against life's uncertainties and risks. In the event of damage or the death of the insured or guaranteed, it pays a benefit amount to the policyholder (in the case of general insurance) or nominee (in the case of life insurance).
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- 20 Oct 2023
Speculation trading is the act of buying or selling an asset with a predetermined notion or hope for its future price movements. A large number of traders on the stock market use the concept of speculation in their derivative trading. As for the stock market, speculative trading is any trade you make with high risk in order to achieve great returns from such a transaction.
For a better understanding of what speculative meaning is in stock market and other primary information, read this guide below.
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- 03 Oct 2023
CAGR (Compound Annual Growth Rate) in mutual funds is a measure of the average annual growth rate of an investment over a specific period, assuming that the investment's value has compounded at the same rate each year. It provides a standardized way to assess the investment's performance and compare it with other investments.
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- 02 Aug 2023
SWP (Systematic Withdrawal Plan) in mutual funds is a facility that allows investors to withdraw a fixed or variable amount from their mutual fund investment at regular intervals. It is the reverse of a Systematic Investment Plan (SIP), where money is invested regularly.
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- 02 Aug 2023
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