The primary method is to look at its returns vis-à-vis its benchmark index. But for a diligent investor, the analysis should not end there. There are several ratios that one should look at to further determine the scheme’s performance.
Financial trainer, Amit Trivedi, remembers how a few professionals, buoyed by the stock market boom, decided to start on their own in 2007-08. They formed a company, gave themselves fancy designations, hired a few employees and had a plush office.
I am going on a six-month assignment to Italy next month. Can I open an NRI or NRO savings account from there? What is the advantage of these accounts? I want to send some money to my family in India while I am away.
The dice is heavily loaded against a guarantor. As in the case of Gajendra Issar, who had to pay Rs 50,000 to a bank when his friend defaulted on debt payment. Luckily, there were two other guarantors who could cough up more; he took a smaller hit.