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What are some of the risk parameters associated with Mutual Funds?
Standard Deviation: is a measure of evaluating the risk caused by the volatility. It tells how much a fund’s performance deviates over a time-frame. Higher the standard deviation, the higher the risk taken by the fund. Risk-adjusted return: is the ...How do I update my bank account details if they have changed due to bank merger?
There has been a series of bank mergers since 2019/20. Given below is the list of merged banks and associated changes. # Erstwhile Bank Merged Bank Changes 1 CORPORATION BANK UNION BANK OF INDIA No changes to A/c Number; Changes only to IFSC code 2 ...Can I invest with a HUF account?
Yes, you can create a HUF account with Glide Invest. However, the setup needs to be done manually through our customer support team. Once the account is setup, then all transactions can be done through the app just like a normal user. Step-1: ...Can I create an account for a minor?
Yes, you can create an account for a Minor with Glide Invest. However, the setup needs to be done manually through our customer support team. Once the account is setup, all transactions can be done through the app just like a normal user. Step-1: ...Is it mandatory to link Aadhaar with PAN?
Yes, absolutely! As per notice provided by CAMS to all online distributors, recent amendments to the Income Tax Rules (detailed extract given under) makes it mandatory to link Aadhaar with PAN, on or before 31st March 2021, failing which the PAN of ...
Popular Articles
What is asset allocation?
Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance and investment horizon. There is no such thing as an ideal asset allocation. Most ...What are the cut-off times for transactions?
We have partnered with BSE Star for transacting in mutual funds. All online transactions sent to BSE Star are routed through the bank accounts of the Indian Clearing Corporation (ICCL), from where they are routed to the respective bank accounts of ...What is Passive Investing?
Passive investing is an investing strategy that tracks an index. It broadly refers to a strategy where investors, generally having a long-term plan, buy-and-hold stocks and do minimal trading in the market. Investing in Index funds and ETFs are the ...What are regular plans and direct plans?
All mutual fund schemes offer two plans - Direct and Regular. In a Direct Plan, an investor has to invest directly with the AMC or with an online robo-advisory platform, with no distributor to facilitate the transaction and no investment advice. ...My Bank Verification failed. Please help.
We verify your bank account by depositing one rupee into your account. In return, your bank shares the name registered with the bank account. (This process is also popularly known as Penny Drop.) We then use a matching algorithm to match the name ...
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