Kotak Mutual fund launched Kotak Gold Fund:

Kotak Mutual Fund launched Kotak Gold Fund Author: paressh After Reliance mutual funds ,its now turn of Kotak mutual fund to launch a Gold Fund.It is essentially a Fund Of Fund scheme which  invests in units of Kotak Gold ETF,which in turn invests in certified physical gold. .A number of factors affects the gold prices,,most…

Simple Steps Towards Right Insurance Policy:

Steps Toward Right Insuranace Policy: Author: paressh Insurance Ombusmen offices are flooding with complaints of insurance mis-selling.Govt. of India allows private players to enter into insurance sector,competition become tough and tougher every year.Uptill there was monopoly of LIC India only. With rise in numbers of insurance companies,product mis-selling is also on rise.But important question is…

FIXED DEPOSITS OFFERED BY NON-BANKING FINANCE COMPANIES:

Here is a list of Fixed deposits offered by some of the RBI registered Non Banking Financial Services.It is recommended to check credit ratings from credit rating agencies like ICRA, CARE,FITCH. NBFCs offer some what higher rate of interest with little more risks compared to bank fixed deposits.  HDFC PLATINUM DEPOSITS: PERIOD(MONTHS) RATE OF INTEREST(%)compounded…

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