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All about KYC

By Nivesh Gyan   22 February

Category: General

What is KYC? KYC stands for Know Your Customer. It means verifying the identity of the client with the mutual fund companies. According to the Prevention of Money Laundering Act, 2002 (PMLA), Asset Management Companies (AMCs) are required to formulate rules and implement a customer identification programme. Is KYC mandatory for investing in mutual funds? […]

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Income Tax Limit Relaxation a major highlight of Budget 2019; Plan your savings for next year!

By Nivesh Gyan   7 February

Category: Save Tax

  The interim budget presented by current government was on expected lines, where they tried to give benefits to large segments of population keeping an eye on the upcoming general elections, while trying to maintain fiscal prudence. Government has tried to fulfill its long standing promise of relaxing income tax limits. This will result in […]

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Fixed Maturity Plans (FMPs): A perfect choice for investors looking for steady returns!

By Nivesh Gyan   4 January

Category: Better Than FDs

What are Fixed Maturity Plans (FMPs) FMPs are close-ended debt funds with a specific tenure which means that an investor can invest only during the New Fund Offer (NFO) period. The period may range from one month to  five years, but generally it is for around 3 years. Where do Fixed Maturity Plans (FMPs) invest? […]

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Are you an ARN Holder? Here’s why you should become an Advisor/Distributor with Nivesh.com

By Nivesh Gyan   10 December

Category: General

As an AMFI Registration Number (ARN) holder working as an Independent Financial Advisor (IFA), you must be dealing with a series of issues on a daily basis. Here are some of them: One man army: You have to solely deal with a lot of customers, their queries, endless paperwork and so on. Large number of […]

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Looking for a business opportunity? Become a Mutual Funds Distributor / Advisor with Nivesh.com

By Nivesh Gyan   22 October

Category: General

Who is a Mutual Funds Distributor / Advisor? Someone who helps an investor select the right mutual funds and facilitates the buying and selling in mutual funds for his customers. Who can become a Mutual Funds Distributor / Advisor? Anyone Who has knack of selling or willing to learn art of selling Who has an […]

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