In general,there is tradition of calculating returns in terms of compounded per annum basis.But there are number of other instruments which offers compounding frequency over monthly,quarterly,half yearly and yearly basis.We will try to evaluate effect of compounding frequency on maturity amount,considering remaining factors to be same. E.g. Mr A want to invest Rs 1 lakh…
Commodities Traded at MCX And NCDEX:
MCX (Multi-commodity Exchange ) and National Commodity & Derivative Exchange (NCDEX) are two important commodity exchanges in India.Important and most traded commodities and their lot sizes are as follows.Unlike stock futures,commodity futures have fixed lot size independent of the price. MCX: Commodity Display Price Unit 1LotEquivalent To Copper Rs/Kg 1000 Kg Nickel Rs/Kg 250 Kg Lead Rs/Kg…
Review:Franklin India Taxshield
Franklin India taxshield is an open ended,ELSS scheme offered by Franklin Templeton mutual fund in India.This scheme is well known for low risk and more than average returns.As this is a tax saver scheme mandatory lock in period is 3 yrs and one can withdraw capital anytime after 3 yrs.or keep with amc. This fund…