@UniQueme Thanks for the suggestion. I would definitely consider your points. I was looking forward to a newer better option only. That's why interested in opening a new Demat account.
Posts made by Anmol
RE: Can I have two Demat accounts in India? 2 or multiple accounts
Can I have two Demat accounts in India? 2 or multiple accounts
I already have one demat account with a stock broker. Is it possible to open another demat and trading account with a different broker? I mean, can I open two demat accounts or may be more, say multiple accounts with different brokers in India?
Is there any limitation on the number of demat accounts that a person can open?
If anyone can guide on the same, it would be great!
RE: What are the best stock market apps for beginners in India?
@UniQueme Yes, I too agree with you. MoneyControl is the best app around. I also prefer using this one only to get all the stock related updates. I have been sticking to this stock market app since a long time now. And, I am quite satisfied with its performance.
RE: What is CIBIL? How to improve CIBIL score?
@KP_Trader Hey, that seems to be a cool idea! But, is it practically possible to keep the credit utilization ratio below 30% for that matter? I mean, in such a high cost of living, growing prices of products, our rising utility bills, is it really manageable to use lesser credit options?
The salary credited to my account is just spent on paying EMIs and some other normal costs. So, I have to rely on my credit card to pay other bills and fees. I pay my bills on time.
But, I am still struggling to get that perfect credit score since the past few months. I really wonder how people just manage to have a high credit score. Any ideas for it.
RE: How to Invest in Direct Mutual Funds?
@jatinderchd Yes, I have been using Zerodha coin. It is a highly popular direct mutual fund platform. I also heard about it from my friends. The best part, you can buy direct funds online on Coin for free. It's a friendly and very easy to use platform.
RE: Which is best credit card in India for all round spending?
@narendra I personally like Citibank rewards credit card. If our annual spending exceeds Rs.30000 we also get a fee waiver. This is what attracted me for this card. It gives good no. of reward points that can be redeemed for shopping, fuel etc. Overall, I found it a decent card to use.
RE: Fixed Deposit vs Mutual Fund: Meaning, Risk, Liquidity & Taxation
@nishtha Hi, I feel these days mutual funds can give far better return than old age methods of investing in FDs. My parents insist me to put money in FD. But, I prefer exploring different investing ways. I know there is risk attached to these mutual funds. FD is a very safe option. But, still I would like to try and earn better through mutual funds. What do you think?
RE: What are Short term Investment options & plans? For 1 to 2 years
Hi, these days FDs don't fetch much interest. So, investing large amount in FD won't give high returns. Also, putting all money at one place doesn't seem to be a good idea. So, it's great that you are thinking for different investment options.
But, why are you looking for short term alternatives i.e. 1 to 2 years only? If you have excess money you can plan your long term investments as well. Anyways, you can invest some amount in gold, a favourite traditional investment option.
RE: 10 Financial Planning Tips for Women
@vijaykapoor282 I totally agree with you. Financial planning is really essential these days. Once we start earning whether in job or business, we should think about savings and planning investments too. The sooner we realise the importance of financial panning, the better and happier we can live in the coming days.
What are Short term Debt funds in India? Meaning & Features
Here we discuss in brief about Short term debt funds, its meaning, features and objective to invest. Investment in the capital markets always exposes your capital to the risk of volatility. So, it is not suitable for those investors who depend on their savings for livelihood.
Short Term Debt Funds: Features
Short Term Debt Mutual Funds provide an alternative to traditional Fixed Deposits and Monthly Income schemes.
- Short term debt funds can offer higher returns and low volatility.
- These are also known as income funds.
- These fund invests in Govt. and companies debt instrument and money market instrument of shorter duration of maturity of up to 3 years.
- These are highly liquid debt instruments and also help the investors to fight inflation.
How Debt Funds work?
The fund generates its return from interest it receives from bonds and capital appreciation.
The bonds are traded at regular market and bond prices are affected by Interest Rates Risk i.e bond price and interest rate moves in opposite direction, credit risk, and inflation.
For example: If the interest rate falls in the economy, new debt instruments starts getting issued at newer rates less than previous rates. Then investors start to buy the old bonds which have high rates and the price of bond increases.
What's your take on Short term debt funds in India? There are so many investing instruments, one tends to get confused. So, be careful in planning your investments.