The concept of a mutual fund works on pooling resources with one common objective in mind. In other words, a mutual fund is made up of money that is pooled together by a large number of investors. Their money is given to a professional (referred as fund manager) to invest in a basket of stocks …

Insurance means spreading of risk and sharing of losses. Insurance is ideally done to replace one’s income in case of death of the policy holder. Insurance is done for human beings which done by a life insurance company and also insurance is done for goods and services, health, buildings, fire, marine etc. These type of …

Like bank fixed deposits, company fixed deposit is deposit with financial institution and non-banking finance companies (NBFC) for a fixed rate of return over a fixed tenure. The rate of interest depends on the maturity tenure and these deposits are governed by section 58A of the Companies Act. A company deposit has to have a …

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds. Bond is debt instrument which gives fixed rate of return to the investors for a specific period of time. Bonds are issued by companies for expansion and …