A loan against demat shares is a great borrowing option due to the following factors: Easier with the same financial institution: Applying for a loan from the same financial institution that holds your demat account can make the process smoother. The institution already has your shares as collateral, which streamlines the disbursal process. It’s important …
Investors also leverage demat accounts to build wealth by investing in fundamentally sound stocks for the long term. This approach enables them to benefit from capital appreciation, as well as additional perks such as dividends and bonus shares. Also Read: Can I hold bonds and mutual funds in my demat account? Mintgenie explains Moreover, in …
Among these, dividends stand out as one of the most common forms of rewarding shareholders, involving the distribution of a portion of the company’s profits to its shareholders. Public sector companies are particularly known for their consistent dividend payouts. To capitalise on corporate actions, investors need to stay abreast of the announcements made by companies …
These items are breaking inflation records Experts say it may be safe to assume that we did avoid the recession that many people predicted would follow the pandemic, but inflation is still making it tough to afford everyday purchases. Inflation ran hot for a third straight month in March, raising questions about when the Federal …
You have only two trading days to do this to pocket ₹1 lakh tax-free gains from stocks and equity oriented mutual funds. With the BSE Sensex rising 26% and the midcap and smallcap indices shooting up more than 60% in the past one year, most stock investors saw their portfolio grow during the financial year. …
However, alongside the convenience, there’s also been an uptick in fraud cases associated with demat accounts over the past decade. This rise in fraudulent activities can be attributed to the influx of new investors entering the market without adequate knowledge of safeguarding their investments. While stock market regulators and brokerage firms continuously strive to implement …
Dividends play a significant role in generating income for investors in stocks or mutual funds. Dividends signify a fraction of a company’s profits shared with its shareholders. This allocation is influenced by multiple factors, encompassing earnings, financial health, and corporate strategies. Companies often declare dividends periodically, whether quarterly or annually, reflecting their commitment to distributing …
These norms serve to verify the identity and credentials of account holders, ensuring transparency and security in financial transactions. In 2002, the Reserve Bank of India (RBI) introduced KYC guidelines for banks to prevent their misuse for illicit activities like money laundering or terrorist financing. Also Read: Demat Account: How to choose between full-service and …
The origins of Easter Legend has it that the Easter Bunny’s journey begins not with the Bible, but with pagan festivities honoring the goddess Eostre. Easter has arrived and whether you’re looking to do some last-minute shopping or grab a bite to eat, consumers will have plenty of shopping and dining options on Sunday. Many …
In this photo, a smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images The share price of Donald Trump’s social media company jumped more than 50% minutes after it began public trading under the ticker DJT on Tuesday morning. Trading in the Trump Media & …