Category Archives: Fixed Deposit

Closed-Ended Mutual Funds and Ways to Invest | MoneyMindz

By | 20/06/2018

What is a Close Ended Fund?         A publicly traded investment company by the Securities and Exchange Commission (SEC) is called a Close Ended Fund. Similar to Mutual Funds, closed-ended funds are pooled investment funds with a manager who oversees the portfolio, it enhances a particular amount of wealth through an Initial… Read More »

What Are The Types Of Funds Available in NPS? – MoneyMindz

By | 18/06/2018

National Pension Scheme (NPS) is an investment and pension scheme by the Indian Government to give old age security and pension to the ageing population of India. Pension Fund Regulatory and Development Authority (PFRDA) regulates this scheme. [Get Personalised Advice For National Pension Scheme(NPS) –Visit] Eligibility Criteria: 1. Both resident Indians and NRIs can join NPS if… Read More »

Are You Investing in a Balanced Mutual Fund and Investment Portfolio? – MoneyMindz

By | 15/06/2018

If you are an investor with a high-risk appetite, you can look for higher returns. If you have a moderate risk appetite and have a long-term plan, you could try some Balanced Mutual Funds. For first time investors, however, balanced funds are a good start. You have to select the right fund rather than just… Read More »

8 Short Term Investment Options For Your Next Vacation | MoneyMindz

By | 15/06/2018

       There was a time when you used to ask your father to give you money for trips and outings. Now, however, you are earning money. Why ask your dad when you can travel(Travel Insurance) with your money? In India or abroad, you can travel on your own with your own money. Want… Read More »

All You Need To Know About Corporate Fixed Deposits (CFD) – MoneyMindz

By | 14/06/2018

You would have heard about Corporate FD’s. Even if you haven’t, presently you are reading about Corporate Fixed Deposits. What is a Corporate Fixed Deposit? Corporate Fixed Deposits (CFDs) are deposits that get circulated by private and public companies that work just like Bank Fixed Deposits (FD). An interest rate is offered and there is… Read More »

Do you know the importance of ‘Systematic Transfer Plan’? – MoneMindz

By | 13/06/2018

What is Systematic Transfer Plan? A Systematic Transfer Plan transfers investment from a particular asset to another asset over a period of time. You can maintain a balance between risk and return. In India, however, there are few companies offering an option to transfer money from equity to debt fund. Types of Systematic Transfer Plans:… Read More »

Are You Aware Of The Term,’National Savings Certificate’? – MoneyMindz

By | 13/06/2018

Investments are varied in number. Your financial goal determines where you have to invest for better returns. One of the investment options available is National Savings Certificate also called NSC. What is National Savings Certificate? National Savings Certificate is a Government Savings Bond usually for small savings and income tax saving investments in India. It… Read More »

Fixed Maturity Plan(FMP) | MoneyMindz

By | 13/06/2018

What are Fixed Maturity Plans? Fixed Maturity Plans (FMP) are closed-end debt funds that have a fixed maturity period. They aren’t accessible for subscription on a continuing basis. A New Fund Offer (NFO) is introduced by the fund house for a certain duration. There will be an opening date and a closing date. You can… Read More »

11 Most Important Things To Know Before Investing In Bank Fixed Deposits – MoneyMindz

By | 21/04/2018

A Fixed Deposit is commonly called a Term Deposit. It’s the most favored investment in India because it gives guaranteed returns, choice of interest payout frequency, liquidity, safety and easy execution. Before Invest In Bank Fixed Deposit, You should check these 11 Important things : 1. Minimum and Maximum Deposit Limit : Various government banks have… Read More »