Sovereign Gold Bond (SGB) Series X scheme 2020-21- Price, Dates, details
If you are planning to invest in gold, then it is definitely a chance to step into new year with golden step. RBI has announced the date and price for ninth tranche of Sovereign Gold Bond (SGB) scheme 2020-21. The scheme will open for subscription from Jan 11, 2021 till Jan 15, 2021. The issue...
Sovereign Gold Bond (SGB) scheme 2020-21- Price, Dates, details
If you are planning to invest in gold, then it is definitely a chance to step into new year with golden step. RBI has announced the date and price for ninth tranche of Sovereign Gold Bond (SGB) scheme 2020-21. The scheme will open for subscription from December 28, 2020 till Jan 01, 2021 . The...
Sovereign Gold Bond 2020-2021 Series VIII, Date, Price Band, Details
Sovereign Gold Bonds are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by the Reserve Bank on behalf of the Government of India. This year, the...
SEBI introduces Flexi-Cap Fund category in Mutual Funds
Securities and Exchange Board of India (SEBI) has given a green signal to the introduction of a flexi cap category in mutual funds. Schemes in this category are required to invest at least 65% of their corpus in equity. Unlike the new multi cap funds, there is no restriction in terms of allocation to any...
Six tranches of Sovereign Gold Bonds in next six months
The Sovereign Gold Bonds are going to be issued in six tranches from October 2020 to March 2021. So now you can plan your gold purchases. Following is the list for details: Tranche Date of Subscription Date of Issuance 2020-21 Series VII October 12-16,2020 October 20,2020 2020-21 Series VIII November 09-13,2020 November 18,2020 2020-21 Series...
UTI AMC IPO – Here’s all you need to know
UTI Asset Management Company (UTI AMC), the oldest AMC of the country is coming out with an IPO on Sept 29, 2020. Here’s all the details you need to know like Price band, Date, Minimum lot size, etc IPO Details UTI AMC IPO DETAILS IPO Date Sep 29, 2020 – Oct 1, 2020 Issue Type...
Happiest Minds IPO – Important points to know
Happiest Minds Ltd is coming up with the IPO opening on September 07, 2020 and closing on September 09, 2020. The Price Band for Happiest Minds IPO is fixed at Rs.165-166 per equity share with a face value of Rs.2 per equity share. The minimum lot size is 90 shares. Happiest Minds Limited is a...
Rossari Biotech IPO – Date, Price Bank, Issue Size, Details
Rossari Biotech Ltd is coming up with the IPO opening on July 13, 2020 and closing on July 15, 2020. The Price Band for Rossari Biotech IPO is fixed at Rs.423 -425 per equity share with a face value of Rs.2 per equity share. The minimum lot size is 35 shares. Rossari Biotech Limited is...
SIP – A Powerful Tool
What is SIP? A Systematic Investment Plan or SIP is a planned mode for investing money in mutual funds. SIP allows you to invest a pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). SIP inculcates saving habit and building wealth for the future. SIPs have proved to be an ideal mode of investment...
Sovereign Gold Bond (SGB) 2020-2021-Series IV Issue Price, Dates, Details
RBI has recently announced the Sovereign Gold bonds scheme and it is one of the safest ways to hold your Gold. Sovereign Gold Bonds is a better way to make an investment on Gold in the online mode. By investing in sovereign bonds, you need not to store your gold on a physical locker. These...