Financial knowledge for beginners
Shares and mutual funds
Share:share means the smallest unit of capital.
Shares are two types
1.Equity shares: Dividend in last, Ownership,Risky investment,No fixed rate,Say in the management.
2.Preference shares: Dividend in preference,No Ownership,Less risky,Fixed rate of dividend,No say in management.
Stock market:The stock market or stock exchange is simply the place where shares are traded-meaning bought and sold.
Shares of listed companies like Apple and IBM are traded ina stock exchange like the New York Stock exchange.
Mutual funds
Mutual means together, people mutually pool money in a fund 🏠.
What are mutual funds?
1. No Demat account required.
2.Very low risk.
3.Monthly investment plan through SIP of
Rs 500 pm
4.Fullfill E-KYC criteria at some bank or an AMC.
5.10%-20% growth per anum.
6.Investing in mutual fund means in investing in share market.
Types of mutual funds
1.Equity Funds
2.Debt Funds
3.Balanced Funds
4.Large cap Funds
5.Mid cap Funds
6.Small cap Funds
7.Open ended Funds
8.Close ended Funds
9.Tax saving mutual funds (ELSS).
Share:share means the smallest unit of capital.
Shares are two types
1.Equity shares: Dividend in last, Ownership,Risky investment,No fixed rate,Say in the management.
2.Preference shares: Dividend in preference,No Ownership,Less risky,Fixed rate of dividend,No say in management.
Stock market:The stock market or stock exchange is simply the place where shares are traded-meaning bought and sold.
Shares of listed companies like Apple and IBM are traded ina stock exchange like the New York Stock exchange.
Mutual funds
Mutual means together, people mutually pool money in a fund 🏠.
What are mutual funds?
1. No Demat account required.
2.Very low risk.
3.Monthly investment plan through SIP of
Rs 500 pm
4.Fullfill E-KYC criteria at some bank or an AMC.
5.10%-20% growth per anum.
6.Investing in mutual fund means in investing in share market.
Types of mutual funds
1.Equity Funds
2.Debt Funds
3.Balanced Funds
4.Large cap Funds
5.Mid cap Funds
6.Small cap Funds
7.Open ended Funds
8.Close ended Funds
9.Tax saving mutual funds (ELSS).
Supet
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