Demat Account: How to check transaction history? Here’s a step-by-step guide
A demat account functions similarly to a bank account or an online wallet, but instead of storing money, it holds your financial investments, such as bonds, equities, and mutual funds. To utilise this service, you need to open an online demat account with a registered broker. This digital approach facilitates easy trading without requiring manual […]
Demat Account: How to get portfolio diversification right? Here are 9 ways
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, […]
Financial Planning: 4 experts share tips on how to plan your finances for 2024
Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration you want to remain invested for. Diversification is one of the most important techniques in financial planning and investment. It is basically not putting all your eggs in one basket and hence aims to […]