Preeti Kapoor

LIC IPO ALERT POLICYHOLDERS The government currently owns 100 percent of LIC. The government intends to sell a portion of its stock to the public. In order to participate in such an IPO policyholders will need to ensure that their PAN details are updated in the records. Therefore the two things that policyholders need to be able to apply for LIC IPO 1. The policyholder's PAN should be updated on the LIC portal. 2. The policyholder should have a Demat account. HOW TO CHECK PAN-LIC STATUS 1. Click     https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus 2. Enter Policy Number, Date Of Birth, Your PAN, Enter Captcha then press Submit button. DEMAT ACCOUNT One of the pre-requisites for applying for share allotment in an IPO is Demat Account There is no need to open a new Demat Account if a LIC policyholder already has one. If you don't have a Demat Account you can open one with the Depository Participants. You can open your Demat and Trading account here https://upstox.

Non-Fungible Token (NFT) NFTs are non-fungible tokens. It basically means that it's a one-of-a-kind of digital asset that belongs to you and only you.   NFT is a digital asset that represents real-world objects, like art, music, videos and game items. They are bought and sold online.  They are encoded with the same underlying software as many cryptos. Similar to cryptocurrencies these NFTs are bought and sold on specialized platforms. What is NFT? NFT gives us a way to have clear ownership over a digital item.  It allows us to buy and sell ownership of unique digital items that keep track of who owns them by using the blockchain. It contains anything digital like painting, songs, animated GIFs, or video games. Cryptocurrency and NFTs Cryptos are fungible means they can be exchanged. NFTs are non-fungible. Fungible means replaceable by another identical item.  Token of NFT is unique and irreplaceable. NFTs are bought and sold on a digital marketplace like goods are sold on Amazon. T

Stock Market Terms Stock Market - A place where equity shares of companies are bought and sold by participants. Shares - They are the individual units of ownership. Buy - To buy shares Sell  - To sell shares Bull - A market condition where people are expecting prices to rise. Bear - A market condition where people are expecting prices to fall. Bid - Price that buyers are willing to pay for a stock. Ask - Price that sellers are looking to get for their stock. Bid-Ask Spread - Difference between what people want to spend and what people want to get. Volatility -Rate at which price of the securities increases or decreases Dividend - Part of earnings paid to shareholders. Long- Betting on stock price to buy low and sell high. Short - Betting on tock to sell high and buy low. Broker - Person who gives you a platform to buy or sell stocks. Exchange - Place where different types of investments are traded. IPO - Initial public offering which happens when the privately traded company wants to b

 How to Invest in Stocks? Stock investing if done properly is the most effective way to build long-term wealth. The steps are as follows: 1. Decide your investing approach       Determine your investing approach as the first step in investment.  There are different ways to invest      in the stock market. Some invest in individual stocks other invest in index funds. 2. Decide how much you will invest in stocks     A stock market is a place where you invest money in the long term. While there is uncertainty in stock prices in the short term. There is a quick rule of thumb that can help you in asset allocation. Take your age to subtract it from 110. This is the approx percentage you should invest in the stock market.      3. Open an investment account       To buy and sell shares you need to have an investment account. To do this you should have Demat and Trading account. You can open your Demat and Trading account by clicking the below link: ✔️ https://upstox.com/open-demat-account/?f=F

  ICICI Pru Mutual Fund Launches India’s First Silver ETF SEBI allowed mutual fund companies to invest in silver ETFs. ICICI Prudential Mutual Fund has come up with a silver ETF.  Silver ETF   As Nifty 50 ETF tracks the Nifty 50 index. Similarly, silver ETF tracks the price of silver by actually holding the commodity in its physical form. The benchmark of silver ETFs is the price of silver-based on LBMA (London Bullion Market Association). A silver ETF invests in physical silver on behalf of its investors. Key Features Scheme Name = ICICI Prudential Silver ETF NFO Period =05-012022 to 19-01-2022 Type of Scheme = An open-ended scheme tracking domestic prices of silver Minimum Application Amount =During NFO: Rs.100 and in multiples of Rs.1                                                                     During on going period: On the stock exchange, the investors can                                                                          buy and sell units of the scheme in a round lo

  Method to Select Mutual Fund Mutual funds are among the most popular investment options. They are an investment scheme that assembles the funds of several investors into investing pool to create an investment product. One can invest in mutual funds through a systematic investment plan or via a one-time investment.  Steps to choose the right mutual fund 1. Know your goal -Decide goal, the time frame you are looking to invest for, return expectations before choosing the mutual fund. Once these goals are ready think of a mutual fund. 2. Do research -It's important to do research before starting your investment. Risk tolerance, investment horizon, investment knowledge, return expectation are several parameters to consider before picking the mutual fund. 3. Check the expense ratio -Expense ratio is important as it comes out of your returns. Choose the mutual fund that comes with a lower expense ratio. The expense ratio reflects the value for money aspect of a fund. 4. Lower standard

        Bad Bank to be operational in January           Finance Minister Nirmala Sitharaman proposed to set up a bad bank in the recent Union Budget 2021 considering the ARC-AMC model. The purpose is to consolidate stressed assets into a separate entity Operational from January The bad bank provides dress up the balance sheet of the banking industry. They are set to start their business from the 2nd week of January.  What is Bad Bank? A bad bank is a bank that buys the bad loans of another financial institution. It is created to help banks clear their balance sheets by transferring their bad loans. Banks can focus on their core business of taking deposits and lending money. Set-Up India's bad bank is beginning to take shape. The government recently set up the IDRCL (India Debt  Resolution Company Ltd), an AMC (Asset Management Company) that will work in tandem with   NARCL (National Asset Reconstruction Company) to clean up bad loans. Is bad Bank Good? Bad banks would also give an