In an era marked by increasing cybercrime, safeguarding demat accounts has become paramount, and several security measures, including the Unique Client Code (UCC), have been implemented to enhance protection. The UCC acts as a crucial identifier, ensuring the confidentiality and integrity of client information. The Unique Client Code serves as a vital identification number assigned … Read more
What is Portfolio Diversification? Portfolio diversification is a crucial concept in finance, epitomised by the adage “Don’t Put All Your Eggs in One Basket.” This principle underscores the importance of spreading investments across various asset classes to mitigate risk. By diversifying across equities, commodities, currencies, and bonds, investors can shield themselves from unforeseen market movements, … Read more
Mutual fund (MF) investors in the country are spoilt for choice. There are 1,500-odd MF schemes that vie for investor attention. So, after making the right choice, what happens to the MF units that you buy? Read on. There are two ways to store your MF units— in a statement of account (SOA) with an … Read more
However, alongside the convenience, there’s also been an uptick in fraud cases associated with demat accounts over the past decade. This rise in fraudulent activities can be attributed to the influx of new investors entering the market without adequate knowledge of safeguarding their investments. While stock market regulators and brokerage firms continuously strive to implement … Read more
Dividends play a significant role in generating income for investors in stocks or mutual funds. Dividends signify a fraction of a company’s profits shared with its shareholders. This allocation is influenced by multiple factors, encompassing earnings, financial health, and corporate strategies. Companies often declare dividends periodically, whether quarterly or annually, reflecting their commitment to distributing … Read more
