UltraSafe Savings Schemes of the Central Government

UltraSafe Savings Schemes of the Central Government

Ultra-Safe Savings Schemes of the Central GovernmentIn times like Covid-19 crisis, when financial markets and their future looks uncertain, we look for safe ways to keep our money. In such pursuit, we tend to trade the growth of money for the safety of our hard-earned...
FAQs on Sovereign Gold Bonds

FAQs on Sovereign Gold Bonds

The Sovereign Gold Bonds are open for subscriptions… Finbingo.com addresses your queries regarding this. What is Sovereign Gold Bond?Sovereign Gold Bonds are the Government Securities issued by Reserve Bank of India and are denominated in grams of gold (1 unit =...
Partial Withdrawal from NPS for COVID-19

Partial Withdrawal from NPS for COVID-19

PFRDA – The Pension Fund Regulatory and Development Authority has allowed investors to partially withdraw money from their Tier-I NPS -National Pension System accounts to meet expenses related to treatment of coronavirus infection. Here are the FAQs for the...
Credit Risk Fund Overview and Analysis

Credit Risk Fund Overview and Analysis

The type of debt funds that invest approximately 65% of the investment corpus in lesser than AA-rated papers are termed as Credit Risk Fund. These credit risk funds are known to invest in the low-grade instruments thus taking higher credit risk and promises to deliver...
Franklin India shuts Six Debt schemes

Franklin India shuts Six Debt schemes

Due to COVID-19 lockdown, mutual funds are facing unprecedented liquidity challenges due to a variety of factors such as – rising redemption pressures due to heightened risk aversion, mark to market losses following a reduction in interest rates and lower...