Hiren Dhakan, associate fund and wealth manager with Bonanza Portfolio, says of late, the brokerage house has been receiving a lot of queries from customers who want to revive their dormant demat accounts.
The market has been on the rise for the past year and a half. If you are an investor in an equity scheme of a mutual fund and have opted for the dividend option, most likely, the dividend goes straight to your savings account.
Most retired people dip into their savings accounts or turn to bank fixed deposits to meet their regular income needs. At a time when interest rates are coming off, turning to bank FDs can expose you to significant re-investment risk.
A new financial year is typically the time a lot of financial changes, either regulatory or those mandated in the Budget, get implemented. This year is no different. Investors need to be prepared; it will impact their finances through the year.
It is a tough call for investors in a company that is getting into corporate debt restructuring. On the one hand, there is a sense of relief because the company will get more time and, most likely, better terms to repay its debt.