Only 5% of financial wealth in Indian families goes into financial products, with a part of this going into equities directly or via mutual funds.
With short term weakness gold can be accumulated as a means of portfolio diversification.
One of the conditions related to the demat account is the charge that would be incurred in the maintenance of the demat account.
Income tax returns must be verified after submission. This process means signing a physical copy of your ITR-V and sending it via speed post to CPC, Bengaluru. You can choose any of these means to verify your tax return and skip sending the physical copy of ITR-V.
If you are looking for financial planning approach then it is better to avoid investing in MF though demat accounts. However, it can be a good platform if your needs are purely investment related.
Married couples are often seeing arguing over financial matters. This can be challenging as two different people brought up in different financial conditions would behave in different way related to money.
P V Subramanyam, Trainer & Author of subramoney.com explains how to invest in shares / stocks.
ESOP Direct has designed India's first Cashless methodology, Zero C, which has been vetted by legal experts and approved by regulators.
Harshvardhan Roongta, Roongta Securities says demat account is not necessarily only if one is holding equities but it can also be used to hold mututal fund units, bonds, debentures, nationals savings certificate and soon insurance policies also be included.