ALL EDUCATIONAL UPDATE IN ONE POST
A bank account is also required for financial transactions, but in addition to the amount required for these transactions, if more money is lying in the savings account at a very modest rate, it is better to use that amount to buy a liquid fund, as one of your 'liquid' The demat account will be in the form of units and dividends will be credited on a daily basis, which is tax free, not only that, your return will be more than the savings account in this fund.
Ease of dealing with brokers Liquid Exchange Traded Funds are currently available from various Mutual Funds, the most well-known of which are Liquid Biz. Which is the original benchmark asset management company's scheme, although it is now owned by Goldman Sachs. Of course, if you use such liquid funds to buy and sell shares, you will be relieved of the hassle and waste of time of the bank for financial transactions with the broker.
Most brokers now ask their clients to keep their demat accounts with them and to open bank accounts at the bank of their choice or even seek a power of attorney for the bank account so that payment and delivery can be made quickly in the settlement. In doing so, investors also feel some risk. In such circumstances, it is in the interest of both the investors to invest in a liquid fund through their broker, as this liquid fund is considered equal to the amount of cash, on which money is immediately available.
કેન્દ્રીય કર્મચારી માટે દિવાળીની ભેટ બાબત સમાચાર
So it is called liquid. In addition, funds like Liquid Bees also get the benefit of tax-free dividends deposited on a daily basis. Remember, brokers and stock exchanges also accept liquid funds as margin money. Another advantage of Liquid Fund is that its demat account is opened free of charge, but no custody or transfer charge is levied on it.
પગાર એડવાન્સ ચૂકવવા બાબત સમાચાર અહીંથી વાંચો
BLO ને હેડક્વાર્ટરમાં રહેવાનો હુકમ કરવા બાબત
The risk is negligible, as liquid money is invested only in one hundred percent safe instruments of the money market. You can call a liquid fund as cash in a demat account as you would in a demat account. Not only are these units not in vain, but the interest on them is constant and the units are reinvested. In addition, a liquid fund is considered a debt fund and is not subject to securities transaction tax.
બીએલઓમાં રોટેશન પદ્ધતિનો અમલ બાબત પત્ર અહીંથી વાંચો