Now a day, Investing in small or big mutual funds could not be easier than this. Here are the top 4 greatest easy ways in which you can also invest in mutual funds online. AMC – Mutual funds Mutual funds are originally managed by Asset Management Companies. Investing through AMCs means that you are directly …
Financial Asset On hearing the word asset, the first thing that pops up in our heads could be a car or a house. But what is a financial asset exactly? Financial assets are also assets that bring you value over time. The difference between a physical asset (e.g., real estate) and a financial asset lies …
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Financial analysis Financial analysis is a systematic method to evaluate the performance and the financial health of a company. Three core financial statements- Profit and Loss Statement, Balance Sheet, and Cash Flow Statement are used to conduct the financial analysis of a company. The financial data from these statements are converted into ratios and percentages. …
A very pursued work in the present day and time. Financial advisor- the job title sounds cool, doesn’t it? What do financial advisors exactly do? Financial advisor – Today, more and more people are concerned about their retirement plans and financial stability. About this, there is a requirement for monetary experts who can exhort and direct …
As an accounting student, you must have heard the term GAAP or Generally Accepted Accounting Principles. Ever wondered who came up with these principles? It is the FASB along with Governmental Accounting Standards Board (GASB) that has set these universally accepted principles. FASB (financial account standards board) is responsible for reforming and amending the financial …
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Introduction of financial institution A financial institution is a registered body that serves as an intermediary for the suppliers and demanders of money in various forms. As we know today, money is required as the capital in a business, as a housing loan, like savings, as insurance premium, etcetera. Thus, money is essential that we …
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In recent times, there has been a bombarding of mutual fund ads running across all types of media. Everyone seems to be telling that a mutual fund is a great investment option. But do you know how to pick the best mutual fund for yourself? If not, no worries. Sharing with you the top factors, …
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Mutual fund A Mutual fund is an investment option at its baseline and also a company. Got confused? Don’t be. To put it simply, a mutual fund is a company that is incorporated to provide investment options to the general public. A mutual fund company is in the business of making investments on behalf of …
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What is Mutual Fund? Mutual Fund – I am sure you must have heard this term over and over again. But, what does it mean? Well, let me break it down for you in the simplest manner ever. A mutual fund is a fund created by the money collected from many investors. This fund is …
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