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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...

Gold Deposit Scheme

  Buying gold and investing gold has been the first choice of Indians. Gold has been seen as a good investment option for a long time. Those who invest in gold consider it safe to keep their gold at home. But, keeping your gold in banks also has its benefits. However, even today people do not want to hand over the gold to anyone else, even if it is a bank. At the same time, the government and banks of the country constantly appeal that keep your gold safe with the banks.   Gold deposit scheme in HDFC bank and the country's largest bank SBI also benefits under a scheme for those investing in such gold.   State Bank of India (SBI) has two major benefits of Gold Deposit Scheme. First of all, it is the responsibility of the bank to keep your gold safe in banks. At the same time, it can also be earned through it. Generally, the consumer feels that his gold is kept only in banks. But, the reality is that gold is also earned on gold kept under a certain scheme. Let us know w...

SBI's gift to customers | Now savings account holders will not have to pay any charge for not keeping SMS alerts and average minimum balance

  The country's largest bank, State Bank of India (SBI), has gifted its savings account holders on the occasion of 74th Independence Day. SBI has exempted its savings account holders from various types of charges. SBI gave this information through a Twitter account on 15 August. According to this, these customers will no longer have to pay fees for not keeping SMS alerts and minimum balance.   The bank has now abolished the charge levied for backing service messages on the mobile number registered with the customer's account. Now the customer will not have to pay any charge for this. SBI has divided its branch into three categories. These include metro-urban, semi-urban and rural areas. SBI has an average minimum balance of Rs 3,000 for branch customers in cities. If a customer does not maintain a balance of Rs 3,000 in his account and if it falls below 50% (Rs 1,500), then he had to pay Rs 10 and GST as a fee. If the balance in your account falls below 75%, then you will ...

State Bank of India launched 'Pension Seva' website for pensioners

The country's largest bank State Bank of India has launched a Pension Seva   website for pensioners. Now, by logging on to this website, customers can get information about their pension. Now, you will not have to go to the bank for many tasks like finding the pension profile and transaction details. SBI has named this website 'SBI Pension Seva'. This will benefit 54,000,00 pensioners of SBI.   In this pension portal of the State Bank of India, pensioners have been given the facility to do this work. Downloading the calculation sheets, download pension slip/form 16, extracting pension profile details, extracting investment-related details, finding life certificate status, extracting transaction details.   It is quite easy to use. In order to avail the Pension Seva (service) website, the customer has to first register. For this, he has to go to https://www.pensionseva.sbi/. Click on the registration tab at the top here. Create a user ID with a minimum of 5 characte...

SBI Chairman Rajnish Kumar advised to revive the real estate industry from Corona

State Bank of India (SBI) Chairman Rajneesh Kumar said that real estate companies should focus on selling finished houses quickly and keeping their loan instalments on time instead of holding them in the hope of higher profits. Addressing a video conference of NAREDCO, a group of real estate companies, he said that if real estate companies want to stay in the market and return to normal business as soon as possible, then they need to focus on a few things is. They need to focus on selling finished houses quickly, avoiding default in payment of bank instalments and changing the general perception of the real estate sector. He said, "As soon as possible, sell ready-made housing units. We were feeling that prices would go up, but this is not happening in an unfortunate way. There was a time when there were buyers in the market who were buying homes for the first time. There were also investors in the market then and you had the possibility of doubling your investment...

SBI Cards IPO - Initial Public Offer Detail

Incorporated in 1998, SBI Cards and Payment Services Limited may be a subsidiary of SBI, India's largest banking company in terms of deposits, advances and also the number of branches. SBI currently holds 689,927,363 Equity Shares. The company the 2nd largest credit card issuer within the country, with a 17.6% and 18.1% market share of the Indian credit card market (number of credit cards) as of March 31, 2019, and November 30, 2019, respectively, and a 17.1% and 17.9% market share of the Indian credit card market in fiscal 2019 and within the eight months ended November 30, 2019. SBI Cards offers a large range of credit cards to individual and company clients including fuel, rewards, shopping, lifestyle,  travel, banking partnership cards, and company cards, etc. SBI Cards has tie-ups with several leading companies across industries, including IRCTC, Air India, Apollo Hospitals, Etihad Guest, BPCL, Fbb, OLA Money and Yatra, amongst others. At the upper end of the ...