Gupta Investments Financial Services Private Limited

What are Company Fixed Deposits? Company fixed deposits are also called corporate fixed deposits. Corporate/ Company FDs are also known as company term deposits. These are offered by companies, housing finance firms, or other types of Banking and Non-Banking financial companies (NBFCs). This is an excellent strategy for businesses/ companies to raise money from the general public. These are highly credible FDs with good credit ratings rated by agencies like ICRA, CARE, and CRISIL. Company FD Schemes Interest Rates 2023: (1-year tenure) -  Who can apply for Company FD? Individuals NRIs Senior citizens Documents required for Company FD? PAN card Aadhar card Passport Age criteria:  Those who are above 18 years Minors can open an account along with a guardian How to choose Company/ Corporate Fixed Deposits? Check credit rating Check interest rates offered Check the minimum and maximum amounts A variety of AAA and AA-rated Business Fixed Deposits are available, providing stable ret...

It is important and challenging for a beginner to choose between an agent, broker, and online platform while buying insurance policies, as indicated in the article's description. insurance  is a relatively simple product that entails paying a premium to cover the risk and getting paid by the insurance company in the event of a covered event. To put it another way, it is equivalent to a customer exchanging money for goods or services. Similar to any other business, we see customers buying and selling goods and services. Due to the fact that it depends on variables beyond the consumer's control, the estimated insurance payout varies. The fact that working with insurance companies is difficult and the subject is complex is nevertheless widely understood. It's simple to see why. If and when it pays out, the amount will be substantially higher than the premium the policyholder paid, thus the insurance company will make sure that the amount being released is justified. This expla...

We assume that a married woman can own and manage her property (whether it was given to her by her parents or was earned by her) without the help of her husband. This wasn't always the case. A wife's right to own and manage her property was typically forfeited to her husband upon marriage. A significant piece of legislation known as the Married Women's Property Act was passed in 1850 as a result of the early 1800s campaigns by many women's rights organizations against this injustice. For the first time in recorded history, a wife was able to own and manage property without the assistance of her husband. This change was swiftly embraced by other nations, and in 1874 India implemented a statute that was nearly comparable. What relevance does this have to life insurance, given the historical lesson that was just given? Just purchasing a life insurance policy won't guarantee that your loved ones will receive the insurance payout in the case of your passing. Your nominee...

What is KYC? KYC refers to Know Your Customer. KYC is a mandatory process of verifying a customer’s identity and other credentials by financial institutions with the goal of minimizing illegal activities. Why is KYC important? KYC is a due-diligence process followed by banks and other financial institutions to establish a customer’s identity and the risks associated with them to protect the customers. The KYC criteria were first issued in India in 2002 by the Reserve Bank of India (RBI). Its primary goals were to safeguard regulated entities from three dangers: -  Money Laundering Funding terrorism through CFT (Combating of Financing of Terrorism)  Identity theft The primary objective of KYC is protection against financial fraud and financial safety. Three types of KYC Processes: Online Offline Aadhar-based Biometric Authentication Steps for Offline KYC Process: Download the KYC form Enter your credentials, particularly your PAN and Aadhar numbers Visit the nearest KRA (KYC Re...

What is Health Insurance? A financial safety net that provides coverage for unanticipated medical, hospitalization, and surgical costs is health insurance, also referred to as medical insurance. It offers financial assistance to offset the costs of medical care, hospitalization, and surgery. What are the Benefits of Health Insurance? Coverage against medical contingencies: Contingencies here means emergencies. Since life is so unpredictable and the costs of medical expenses are consistently rising up, hence getting personal accident insurance is highly recommended. The insurance company will pay your medical expenses and support you through such tough times.  Financial protection against medical cost: Health insurance sets you free from all the worry about medical emergencies. All you will need to worry about is your health and recovery, or the recovery of a loved ones. Hospitalization expenses: Any illness that necessitates immediate hospitalization is covered by most health in...

Every year after the third quarter results, around mid-February investors look forward to the annual results of the companies in which they hold shares. Big companies pay dividends after the annual results. Some companies pay twice a year and some pay thrice a year, but the one paid at the end of the year is by far the biggest amount. Most profit-making companies pay dividends when they announce their annual results. It’s no wonder investors keenly anticipate big fat payouts from high dividend payout stocks in India. During AGMs, unsatisfied investors complaining about, ‘the low dividend this year’, is a common sight. It’s not too much of a stretch to say that the annual or ‘final’ dividend is a touchy subject for many investors who have grown accustomed to receiving generous payouts year after year. Why Invest in Dividend Stocks? Dividend-paying stocks help to keep conservative investors' portfolios steady. This increases investors' confidence in these stocks. And as a result,...

WHAT ARE MUTUAL FUNDS? Mutual fund is a financial instrument for pooling of money from investors sharing a common objective and invests the money in equities, bonds, money market instruments etc. The entire pool of money in mutual fund is managed by professional fund manager. The income / gains from this collective investment are distributed proportionately among the investors after any relevant costs and levies are taken into account by calculating a scheme's "Net Asset Value," or NAV. What is Net Asset Value “NAV” The unit price of a mutual fund scheme is called. Mutual funds are bought or sold on the basis of NAV. NAV per unit is the market value of securities of a scheme divided by the total number of units of the scheme on a given date.  For e.g., If the market value of securities of a mutual fund scheme is ₹200 lakh and mutual fund issued 10 lakh units of ₹10 each to the investors, then the NAV per unit of the fund is ₹20  (i.e., total ₹200 lakh/10 lakh = ₹20). Henc...

One of the best tools to create Wealth along with Tax Benefit with Shortest Lock-In Period in India is ELSS (Equity-Linked Savings Scheme) of Mutual Fund. ELSS mutual fund is a tax-saving instrument and helps you to claim a tax rebate of Rs.1,50,000 a year under Section 80C of Income Tax Act, 1961 and save up to Rs.46,800 a year. SAVE TAX + BUILD WEALTH = ELSS Mode of investment in ELSS: SIP (Systematic Investment Plan) or Lumpsum? SIP enable you to keep investing a small sum of amount of investment at regular interval of frequency option of a weekly, monthly, quarterly or bi-annually investment. SIP makes it easier to gain from buying fund units during market cycles enabling you to buy more units when the market is down and less units when the market is up.Unlike in Lumpsum mode of investment, SIP provide higher capital gains on redemption when market rises. Hence lumpsum investment is not recommended to reduce risk level. Why recommend investment in ELSS with clear tax? ELSS mutual f...