Hacking Maximum Benefits out of ELSS Schemes

Tax Saver Mutual Funds or ELSS Schemes have held a strong grip on the investors, irrespective of the fact that to which tax bracket they belong.  A veteran in the field of tax savings, ELSS have openly been regarded as efficient money saving and inflation beating tool. The basics and necessity of this scheme has been discussed in our previous two articles: What are Equity …

Exploring the Bharat 22 ETF

Trading like a stock, yet having diversification quality of a portfolio, Exchange Traded Funds or ETFs represent a perfect combination of equity and a mutual fund. As far as the Indian scenario is concerned, ETF market is well developing and has some key players actively utilising this investment tool. Recently, the ETF market has caught fire like attention due to launch of the awaited Bharat 22 …

Kuvera: The Commission Free Investment Platform

Kuvera’s tag line reads “The best things in life are free“. Interesting, isn’t it? Well, when it comes to the world of money, where no one works for free, it certainly is quite interesting. The term Kuvera (or Kuber) refers to the God of Wealth, and now a startup of the same name is preparing itself to reinvent the meaning of the term. How does …

Understanding Infosys Finacle Core Banking System

What is Infosys Finacle? Finacle is a banking solution built by the Indian Corporation, Infosys to provide core banking solutions and promote a growth of the e-banking facilities. It was first launched in the year 1999. It was used for the very first time by the State Bank of India to bring an overall change in its structure of E-Banking. It was built under the …

What is a Zero Frills Bank Account

In order to compensate for the services that the bank provides, the customers are usually required to maintain a minimum average balance in their accounts. However, there are many people in India who are unable to maintain a minimum balance in his or her bank account due to insufficiency of money. So, Reserve Bank of India has introduced an account which does not require any minimum …

Paytm and ICICI Bank Postpaid: Buy Now Pay Later

Irrespective of how rapid the development of our startup ecosystem has been, evolution of Paytm and ICICI Bank would always be an inspirational story to any learning mind. While ICICI Bank has been declared as one of the few banks that are too big to fail, Paytm has expanded itself from a mere mobile recharge website to a fully fledged payments bank. In this short …

Simple Steps to Avoid Debit and Credit Card Fraud

Your hard earned money is the only resource which can create multiple resources for you. It is thus, a prime requirement that this resource is kept safe and sound in our bank accounts or wallets. Thanks to the consistent upgrade in financial technology, money has evolved itself from paper to plastic and now to binary. But, as it goes with technology, with boon, a hidden …

Understanding Quovo: Data Aggregation for Finance

Are you an entrepreneur venturing into the world of finance? Does your business require keeping in touch and managing several accounts? Are you in search of a platform which connects to millions of financial accounts ? Are you looking out for a client rich database ? So many questions hover around the minds of thousands of business owners and young entrepreneurs while they are on …