Many people mistakenly view SIPs as either mutual funds or distinct from them. However, the fact is that a SIP (Systematic Investment Plan) is simply an investment approach, not a fund. It’s a vehicle that allows you to invest periodically in a mutual fund or scheme of your choice. It allows investors to direct their money
SIP has been gaining popularity among Indian Mutual fund investors, as it helps in Rupee Cost Averaging and also in investing in a disciplined manner without worrying about market volatility and timing the market. If you are wondering what “Rupee Cost Averaging” is, let’s briefly understand it. Rupee Cost Averaging (RCA) is a method where
Bank Holidays in May, Upcoming Bank Holidays: The Reserve Bank of India (RBI) has declared several holidays for May 2025, including Maharashtra Din, Rabindranath Tagore Jayanti, and others. If you are planning any important activities, banking transactions, or other bank services, plan accordingly to avoid any inconvenience during these closure days. In May, banks across
Indian equities amid broad-based buying as well as broader markets zoomed substantially, extending their winning run to the sixth straight day. At the close, Nifty ended above 23,650 at 23,658.35, up 1.32 per cent or 308 points, while the 30-share Sensex zoomed 1.4 per cent or 1,078.87 at 77,984.38. FII buying has been the prime catalyst