Exit load in a mutual fund is a fee charged to investors when they redeem their units before a specified holding period. This fee is intended to discourage short-term trading and cover the costs incurred by the fund due to early withdrawals. The exit load is usually a percentage of the redeemed amount and is deducted from the redemption proceeds. The percent...
Stashfin's Pocket Insurance is a micro-insurance product designed to provide financial protection for your everyday essentials. With a variety of pocket insurance plans available, you can get coverage for things like your phone, hospitalization, and even travel delays. With Stashfin's pocket insurance, you can enjoy peace of mind knowing you're financially p...
NISM (National Institute of Securities Markets) registration is a certification process mandated by the Securities and Exchange Board of India (SEBI) for professionals in the Indian securities market. It involves selecting an appropriate certification module, preparing with provided study materials, registering for the exam online, and taking the test at an ...
The loan against shares eligibility criteria includes several key factors. Applicants must be individuals or businesses holding shares in their name. The shares should be approved by the lender and typically listed on recognized stock exchanges. The borrower should maintain a minimum shareholding value, often specified by the lending institution. Additionall...
A loan against securities provides a quick, accessible financial safety net by leveraging the value of your investments. This type of loan allows you to borrow funds without liquidating your holdings, ensuring your investments continue to grow. With flexible repayment options and competitive interest rates, it offers a convenient solution for meeting urgent ...
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