Apart from banks,Non-Banking Finance Companies (NBFCs) , manufacturing as well real estate companies can accept deposits from public , share holders as per provisions of Acceptance of Deposits by Companies Rules 1975. Number of Real Estate companies are currently accepting the deposits and we will take overview of the same. Cash flow is very important…
Comparing ICICI Pru Focused BlueChip & Franklin India BlueChip Fund:
For longer term perspective its inevitable to have a place for bluechip stocks (Companies having higher market capitals) as volatility or speculations are comparatively lower in bluechip stocks and expected recovery is as well faster among bluechip stocks. As far blue chip funds are concerned two funds always comes in investors mind: ICICI Prudential Focused…
How Monthly Income Plans (MIPs) Of Mutual Funds Are Different From That Of Banks / Posts:
As name “Monthly Income Plan” indicates,these plans are aimed to provide the monthly income to investors.Such plans are provided by banks,post offices as well from mutual funds.Though objective of such plans is to provide monthly income functioning of plans varies from banks to mutual funds. Monthly Income From Banks / Post offices: “Monthly Income Plans”…