Provident Fund (PF)
Banking Karo What is Provident Fund (PF)? The Employees' Provident Fund (EPF) serves as a retirement savings scheme tailored for individuals employed in the private or unorganized sectors. Administered by the Employees’…
Exit Load
What is Exit Load? An exit load is a charge imposed by mutual funds on investors who redeem or sell their investment units before a predetermined holding period, commonly referred…
Expense Ratio
What is Expense Ratio? Expense Ratio refers to the percentage of a mutual fund's assets that is utilized to cover the fund's operating expenses. It includes fees associated with fund…
Net Asset Value (NAV)
What is Net Asset Value (NAV)? Net Asset Value (NAV) is a pivotal concept in finance, particularly concerning mutual funds and ETFs. It signifies the value per share of a…
Employees’ Provident Fund Organisation (EPFO)
EPFO (Employee Provident Fund Organization) The Employees' Provident Fund Organisation (EPFO) is an entity dedicated to aiding employees in saving for retirement. Operated under the Ministry of Labour and Employment…
Post Office Scheme
What is a Post Office Scheme? A Post Office Scheme encompasses various investment and savings opportunities provided by a nation's postal service. These schemes are designed to provide secure and…
SWP (Systematic Withdrawal Plan)
In a fast-paced world where financial independence and a secure future are paramount, finding the right investment strategy becomes a crucial undertaking. Amidst a wide array of investment choices, Systematic…
Employee Expense Reimbursement
What is Employee expense reimbursement? Employee expense reimbursement involves the practice of employers compensating their employees for costs directly related to business activities that they have incurred while performing their…
KVP (Kisan Vikas Patra)
What is KVP (Kisan Vikas Patra)? In 1988, the Indian Post Office launched a savings initiative known as Kisan Vikas Patra (KVP). Its primary objective is to motivate individuals to…
What is SIP (Systematic Investment Plan)?
What is SIP? A Systematic Investment Plan (SIP) is a smart way to invest in mutual funds. It helps you save money regularly by investing a fixed amount every month…