investment

Chit Fund

Chit Fund: How It works?

What is a chit fund? A chit fund is a type of savings where you deposit some amount every month to someone who manages the chit fund. Chit funds are often organized by financial institutions, or informally among friends, relatives, or neighbors. In some variations of chit funds, the savings are for a specific purpose. …

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sip

What Is SIP?

What is SIP (Systematic Investment Plan)? For those who do not have much information about the stock market or share market, investing through SIP is a better way to reduce the risk of the investor. SIP is a method of investment and savings under which any investor keeps investing in a fixed amount in their …

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