Jack Grayson


Important Things to Remember After Blocking Your Credit Card

Owning a credit card these days is nothing less than an added form of security when it comes to spending money. Because a credit card provides you the option to pay a huge amount of money in advance and later repay it in installments. However, a credit card can also disappoint you if it’s misused by someone else or is lost/stolen. In such a scenario, you would instantly need to block your credit card to save yourself from further issues.

So, we enlist some key things that one needs to note down after blocking the credit card:

Do not panic!

The loss of a credit card could cause you anxiety, but you must not panic and instead, realise thattime is of prime essence in such cases. So, once you have blocked your credit card, do not press the panic button and in fact, step back, breathe and think of a solution with a clear mind. Too much stress will not help you earn back your lost card.

Get in touch with the credit card issuer

While you may have blocked your credit card immediately but remember to alsoshoot an e-mail to your credit card issuer. This acts as a proof that you have made a timely report of your missing card. Include the following information when you are sending out the e-mail:

  • The account number should be mentioned.
  • Provide the time or date when you realised the credit card had gone missing.
  • Include the details of the last purchase made by you on the credit card (make a note of the amount and date too, if possible).

Report it to the police

Reaching out to the cops immediatelyafter blocking your credit card is also necessary. In fact, this is crucial if your credit card has been stolen by someone as it could be misused. Visit the nearest police station to you and lodge a complaint. Furthermore, you should also take a copy of the same complaint and submit it to the bank for assistance.

Check the credit card statement

Once your credit card is blocked by the issuing bank, you must also scan through the latest credit card statement to check for any possible fraudulent transactions. This will help you to assess if some additional charges have been levied on your credit card or not. In case you notice anything fishy, you can inform the bank instantly. This needs to be done on priority because the bank may hold you liable if you get late and will proceed based onthe RBI guidelines.

Keep calm and have a plan in mind

Make sure all these boxes are checked, and you can heave a sigh of relief. Remember, credit card losses are quite common. In addition, since you have already blocked the card, the threat level is lesser. But if you have not blocked your credit card and are still pondering about how to block credit card, then go do it ASAP!

And if you are looking for a new credit card after blocking your old one, the Airtel Axis credit card is perfect for a fresh start! Apply for it today!

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​The impact of technological innovation on mutual fund investing

With technology disrupting most sectors today, market investing is no different. Caught in the network of digitalisation, the mutual fund industry has started to use technology smartly for most of its processes such as customer servicing, transaction processing and fund management. This has made investing and trading in financial markets simpler, trustworthy, and more transparent. Besides this, it has also increased access to information and control over your investments. Discussed here in brief is the impact of technology on mutual fund investment.

  • Research and analysis

Until a few years back, you had to review stacks of reports physically and spend many hours with your financial advisor to decide your investment move. Today, advanced reporting techniques and online platforms have not just made research simpler, but they have provided you with control in your hands.

You can now download any authentic software to assess your financial goals, risk tolerance level and review the real-time developments in the markets. Besides this, there are many online financial service providers that tend to offer data-driven investment advice and personalised solutions that build higher trust in market investments.

Real-time access to data linked with funds not just assists you to understand where you are putting your money but also lets you keep thorough track of your investments and their performance over a long time.

  • Transaction speed

Owing to technological advancement, now you can conduct multiple mutual fund transactions quickly. This benefit has opened financial markets globally to all investors located anywhere in the world.

  • Online platforms

The advent of technology has improved access to financial markets, permitting investors of varying experience levels to start with investments easily. With the help of online platforms, you can simply purchase and sell mutual fund units, bonds, stocks, etc., while robotic advisors offer personalised investment recommendations and investment portfolio management services. Such tools have allowed you to take control of your investments and form investment portfolios as per your individual requirements and financial goals.

  • Systematic investing

The style of systematic investing depends on algorithms or models. It is even called quantitative or model-based investing. With technology, now you can invest in the market Like SIP, systematically with ease from the comfort of your home, which in turn allows you to overcome the biggest barriers to successful investment i.e., human emotions.


Digitalisation in the payment spectrum is the major reason for the mutual fund and investment industry’s meteoric rise in the current years. As per AMFI, AUM (asset under management) of the mutual fund industry as on 28th February 2023 stood at Rs 39.46 trillion from Rs 8.14 trillion as on 28th February 2013, which is a five-fold rise in ten years. Additionally, the implementation of technology into financial market sectors has brought transparency and enhanced access to data and insights that previously were not available. By using data analytics, you can figure out market trends, find hidden opportunities and evaluate investment portfolio performance in real-time. All of this allows you to make an informed decision as per your financial goals, risk appetite level and investment horizon.

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4 mistakes to avoid while investing in SIPs

Numerous stories exist about investors who made a fortune investing in stocks. But the truth is that successful investing takes knowledge and experience and even then, mistakes can still be made. It’s important to understand the potential pitfalls before you get started in order to avoid costly missteps. When it comes to systematic investment plans (SIPs), avoiding common mistakes is especially critical if you want to realise your long-term goals for wealth-building.

An SIP is a strategy to invest in mutual funds that can help you grow your wealth over time by regularly investing small sums of money towards specific financial goals. However, if done incorrectly or without the necessary knowledge, investing in SIPs could end up costing you more than intended. So, before you invest in an SIP and start building your portfolio, here are some costly mistakes to avoid.

  1. Setting unrealistic goals


The first mistake to avoid is setting unrealistic goals for your SIP investments. For instance, it would be unwise to expect a consistent 10% return each year on an SIP mutual fund over the next decade, as this may not be achievable with current market conditions and the underlying investment strategy. Similarly, aiming to retire within five years could be overly ambitious if the investor’s current income and savings are not enough to support them during this time.

Thus, your goals need to be based on realistic assumptions about your income levels, target amount, among other factors, and focus on achieving long-term stability rather than quick gains.

  1. Stopping or cancelling the SIP during market volatility


When markets become volatile, it’s normal for investors to feel worried about their mutual fund investments. However, cancelling or stopping an existing SIP plan during such times may not be the right move. Not only could you be missing out on potential market gains once the market rebounds, but you could also be missing out on the benefits of rupee cost averaging, which helps average out the highs and lows of the market over time.

  1. Not increasing the investment amount over time


Over time people’s incomes tend to increase due to promotions and salary hikes or through new sources of income, yet many investors fail to adjust their instalments accordingly. This can significantly reduce the total return on their investments as they may not be able to take full advantage of market opportunities due to insufficient capital invested when needed most.

Thus, with time, increase your monthly investment, even if by a small amount. This will ensure that you keep pace with inflation and market movements over time. You can also opt for step-up SIP and invest an additional fixed amount annually to keep up with your financial capacity and set yourself up to reach your financial goals faster.


  1. Investing too little or too much


If youinvest in an SIP insufficiently, then it will take longer to reach your financial goals. And if you over invest then it could limit your ability to manage any unexpected expenses or emergencies that may arise. The amount of money you should invest in SIPs depends on various factors such as your income level, expenses, amount of available capital, risk appetite, etc. You can use online tools such as an SIP calculator to project your estimated returns, compare different SIP plans, and determine the ideal amount of money to invest regularly.

While the above mistakes should be avoided at all costs, there are also multiple tips and advice you should follow for a successful investment strategy. Regularly monitor your SIP investments, compare different  types of mutual funds before selecting one, start investing early, and read the important documents that come with every fund.

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Popular BSNL Recharge Plans With Unlimited Voice Calling

Gone are the days when you had to recharge for a certain amount to get a limited Talktime. Today, although Talktime top-ups exist, they’re definitely getting overshadowed by unlimited calling plans. And you can get a variety of those with every BSNL recharge.

Currently, when you go for a BSNL recharge, you can choose between unlimited plans, Talktime top-ups, data vouchers, SMS vouchers and more. However, the most beneficial and in-demand plan among the BSNL recharge plans is the one with unlimited voice calling.

So, before you do your next BSNL recharge online, check out these popular BSNL recharge plans that offer unlimited voice calling across operators:

Popular BSNL Recharge Plans With Unlimited Voice Calling
Pack Cost & Validity All India Voice Calls Data SMS Additional Benefits
2 Days
Truly Unlimited 1GB/Day NA NA
22 Days
Truly Unlimited NA NA Get one National Discount Deal/Coupon product daily.
30 Days
Truly Unlimited 10 GB NA Get free BSNL Tunes.
28 Days
Truly Unlimited 2GB/Day 100/Day Get free Personal Ring Back Tone (PRBT).
52 Days
Truly Unlimited 1GB/Day 100/Day Get a free subscription to  EROS Now Entertainment.
65 Days
Truly Unlimited 10 GB 300 NA
70 Days
Truly Unlimited 1GB/Day 100/Day Along with free BSNL tunes, get a free subscription to Lokdhun content.
80 Days
Truly Unlimited 2GB/Day 100/Day Get free Zing and  EROS Now Entertainment subscriptions, and PRBT.
84 Days
Truly Unlimited 5GB/Day 100/Day Get a free Zing subscription, PRBT, and unlimited free night data between 12:00 am to 05:00 am.
90 Days
Truly Unlimited 2GB/Day 100/Day Get free BSNL Tunes, EROS Now Entertainment subscription, Hardy Mobile Games Service, Challenges Arena Mobile Gaming Service and “Lystn” podcast Services. You also get free subscriptions to Lokdhun and Zing.

All the plans mentioned above, along with some more that fit under this category offer truly unlimited voice calling across the country. This means you can call anyone across the country without worrying about the operator that they use. Moreover, you’re not even charged additionally for roaming unless you step out of India.

How To Do BSNL Recharge Online?

The steps for doing your BSNL online recharge are almost the same, no matter which payment platform you use. Currently, our favourite way of doing recharges is via the Airtel Payments Bank website. Here’s how you can do your BSNL recharge from the same platform as well:

  1. Go to
  2. Log in to your Airtel Payments Bank account using your credentials.
  3. Click on the Prepaid icon.
  4. Enter your BSNL number.
  5. Select your service operator’s name as BSNL.
  6. Choose your circle, for example, Maharashtra.
  7. Select from the various BSNL recharge plans given or enter the recharge amount manually.
  8. Click on Proceed.
  9. Now, complete the payment via Airtel Payments Bank.
  10. That’s it, your BSNL recharge is done!

Apart from BSNL recharge online, you can also use this website to make your BSNL bill payment.

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BBA in International Business: The Complete Guide

Globalisation has led to tremendous growth in multinational business and employment opportunities. While many international companies are expanding their foot in India, many are seeking to hire talented Indian professionals abroad. Hence, knowledge of marketing, accounting, operations and other managerial fields is crucial for students looking for a career in international business.  BBA (Bachelor in Business Administration) in International Business aims to impart knowledge on business administration on an international level. Find out more about the BBA course in International Business in detail.

What is BBA in International Business?

BBA (Bachelor in Business Administration) in International Business is a three-year undergraduate course. It focuses on business studies and cultural concepts related to international business and global best practices. The course helps students to gain knowledge about business fundamentals and international economic scenarios and prepares them for multi-national environments.

BBA International Business Key Details

Here are some key details about the BBA course in International Business:

  • Full form: Bachelor in Business Administration in International Business
  • Level: Undergraduate
  • Course Duration: Three years
  • Type of Exam: Semester
  • Eligibility criteria: Candidates must have passed 10+2 from a recognised board with a minimum of 50% marks.
  • Selection Process: Entrance Exam based/ Merit-based
  • Average Course Fee: ₹50,000 – ₹5 lakhs
  • Job Prospects: International Operations Manager, International Training Manager, International Human Resources Manager, Accountants Executive, etc.
  • Average BBA in International Business Salary: ₹3 lakhs – ₹10 lakhs per annum

Benefits of Pursuing BBA in International Business

BBA in International Business is a lucrative career option that provides various opportunities in the field of international business. Here are some benefits of pursuing the course:

  • Lucrative salaries: BBA graduates are recruited by companies in private and government sectors at high salary packages, which may range between ₹2 lakhs – ₹4 lakhs initially and extend up to ₹10 lakhs.
  • Excellent career prospects: BBA in International Business offers several career choices for you to choose one. BBA graduates can work as International Operations Managers, International Human Resource Managers, Global Distribution Managers, Global Business Managers, etc.

BBA in International Business: Syllabus

BBA in International Business course duration is three years with a syllabus spread over six semesters. Below are the semester-wise BBA subjects:

BBA in International Business: First-year

Semester 1 Semester 2 
Business Mathematics Indian System of Business
Micro Economics & Applications Macro Economics & Applications
Computer Awareness – I Computer Awareness – II
Management Foundation Accounting – I
Economic Environment – I Economic Environment – II
Fundamentals of International Business Values & Ethics in International Business
English English
Behavioral Science – I Behavioral Science – II
Environmental Studies Global Business Management
Foreign language – I French German Spanish Japanese Chinese Foreign language – II French German Spanish Japanese Chinese

BBA in International Business: Second-Year

Semester 3  Semester 4 
Business Statistics Legal Framework of Business & Management
Financial Management – I Financial Management – II
Database Management System Principles of Marketing
Fundamentals of Marketing System analysis & design
Accounting – II International strategic management
Behavioral Science – III Behavioral Science – IV
Foreign language – III French German Spanish Japanese Chinese Foreign language – IV French German Spanish Japanese Chinese
Communication skills – I Communication skills – II
International institutions & trade implications International strategic management
Summer assignment – I (Evaluation) Project management

BBA in International Business: Third-Year

Semester 5  Semester 6 
Human Resource Management Managerial Accounting
Computer Applications Sales Management
Entrepreneurship Development Export-Import Documentation and Logistics
International Marketing Cross Cultural Management and Management of Multinational Companies
Taxation Laws and Practices International Finance Management
Communication Skills-III Communication Skills-IV
Behavioral Science-V Behavioral Science- VI
Foreign Language V- French, German, Japanese, Chinese, Spanish Foreign Language VI- French, German, Japanese, Chinese, Spanish
Operation Research E- Commerce and International Trade
Summer Internship-Evaluation

BBA in International Business: Admission Process

Admission to the BBA course is offered based on the candidate’s score in the entrance exam or based on the academic score. Here’s how you can get into BBA-IB:

  • Entrance exam-based

Admission to BBA through entrance exams requires candidates to obtain the desired score by the college. The candidates who clear the cut-off marks are then called for counselling sessions. Once the seat is allotted, the candidate must visit the college and fulfil other admission process requirements. Some of the entrance exams for BBA admissions are DSAT (Dayanand Sagar Admission Test), CUET (Christ University Entrance Test), BUMAT (Bharati Vidyapeeth Undergraduate Management Aptitude Test), etc.

  • Merit-based 

Merit-based admissions to BBA courses are based on the marks scored by the candidates in their 10+2. Candidates are required to check the merit list of desired colleges if they are eligible for admission to the course. If yes, they can visit the college and submit the required documents and fulfil other formalities.

BBA in International Business: Job Prospects

BBA in International Business offers a plethora of job opportunities in sectors such as:

  • Logistic Companies
  • Special Economic Zones
  • State Trading Corporations
  • Transportation Corporations
  • Export Houses
  • Custom Clearing Houses
  • Merchandisers
  • Shipping Companies
  • IT Companies
  • Banks

Some of the jobs and BBA international business salary in India are as follows:

Job Role  Average Salary (per annum)
Global Business Manager ₹5 lakhs
Export Manager ₹6.67 lakhs
International Logistics Manager ₹6.18 lakhs
International Brand Manager ₹10.77 lakhs
International Finance Manager ₹5.16 lakhs
International Human Resource Manager ₹4 lakhs

BBA International Business Colleges in India 

Due to the growing popularity of BBA International Business and demand for skilled professionals in the field, many colleges offer the course in India. Some of the top BBA colleges in India are as follows:

  • Amity University, Noida
  • LPU, Jalandhar
  • Alliance University, Bangalore
  • Ajeenkya DY Patil University, Pune
  • Christ University, Bangalore
  • BVDU, Pune
  • School of Management, Dr DY Patil University, Navi Mumbai
  • JSS Academy of Higher Education and Research, Mysore
  • Parul University, Vadodara
  • DY Patil University, Mumbai
  • Manav Rachna international institute of research and studies, Faridabad
  • GD Goenka University, Gurgaon
  • NIMS University, Jaipur

What are the Best Courses After BBA International Business?

After completing your BBA in International Business, you can pursue higher studies courses such as:

  • Master in Business Administration
  • Master in Financial Management
  • Master in Retail Management
  • Master in Marketing Management
  • Postgraduate Diploma in Global Business
  • Postgraduate Diploma Programme in International Management
  • Masters in Management Studies, etc.


BBA in International Business is an excellent choice for students who wish to excel in the global business field. The course offers various career choices with competitive salaries. But, before deciding to pursue BBA-IB, you must research the best BBA colleges, their admission process and eligibility criteria to avoid hassles. Also, make sure that the BBA college offers the Sunstone’s benefits.

Sunstone is an education service provider in India committed to helping you build the future you envision. By pursuing BBA from a college with the Sunstone campus, you can access 100+ hours of career-enhancing training modules and appear in at least 50 job interviews. You may avail of the Sunstone’s benefits in 50+ colleges across 30 Indian cities offering 100% placement assistance to registered students.

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Creating a trading strategy for futures in the UK

Creating a trading strategy for futures in the UK can be complex, as many factors need to be considered. First, it’s essential to understand what exactly futures are and how they work.

Futures are financial contracts that specify a future transaction of an underlying asset at a predetermined price and date. In other words, they are agreements to buy or sell something at a specified price at some point in time. Futures contracts typically involve commodities like grain, oil, metals, livestock, stock indices, and currencies.

The two main types of strategies used for trading futures

When trading futures, there are two main types of strategies that you can use: directional strategies and non-directional strategies.

Directional strategies

Directional strategies involve taking a long or short position in a particular market. In other words, you’re betting that the futures contract price will increase or decrease. When trading a directional strategy, there are several factors to consider.

First, it’s essential to keep up-to-date with market news and trends to decide when and how to enter and exit positions.

Additionally, you need to carefully analyse historical price data for the asset in question to identify patterns and predict future price movements. This information is key to picking the correct entry and exit points for your trade.

It’s also essential to understand fundamental analysis to determine what types of economic events might influence prices moving forward. Finally, you’ll need to be well-versed in technical analysis and familiar with the various trading tools, such as moving averages or oscillators.

Non-directional strategies

Non-directional strategies involve taking a position that profits from the price moving in either direction, which involves using options or spread trades, which allow you to profit when the underlying futures contract goes up or down. With these types of strategies, there are several vital considerations as well.

First, it’s crucial to understand how options work and how they are priced before entering any trades. It would help if you also familiarised yourself with concepts like hedging and arbitrage to ensure that your positions remain profitable. Aside from this, it’s essential to keep up-to-date with market news and trends to know when to exercise your options or close out your contracts. Finally, you’ll need to be well-versed in technical analysis and familiar with trading tools like charts, triggers, and scanners.

What types of analysis are used in futures trading?

Several types of analysis are commonly used in futures trading, including technical, sentiment, and fundamental analysis.

Technical analysis

Technical analysis involves studying historical price data to identify patterns and predict future price movements using tools like moving averages, oscillators, and charting software.

Fundamental analysis

Fundamental analysis involves assessing economic factors that might impact the price of a particular asset or market. Some common economic indicators used in this analysis include GDP growth rates, interest rates, unemployment figures, consumer confidence indices, and inflation levels.

Sentiment analysis

Sentiment analysis is based on analysing social media trends or news articles to understand how market participants feel about a particular asset or market. This approach helps identify possible price reversals or market bottoms.

What are the benefits of using a trading strategy?

There are several benefits to using a trading strategy when trading futures. First, having a clear plan and guidelines can help you make more informed decisions, reduce risk exposure, and improve your overall profitability.

Additionally, understanding the different types of analysis used in futures trading can help you identify market trends and predict price movements more accurately. Finally, being well-versed in technical tools like charting software and scanners can help you spot new opportunities or manage existing positions more effectively.

Overall, using a trading strategy when trading futures allows traders to manage risk, take advantage of market trends, and maximise their profits over time.

The bottom line

When creating a trading strategy for futures in the UK, carefully considering all the different factors involved is essential. By understanding markets, price movements, and trading tools, you can create a successful strategy to help you achieve your financial goals.

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Know the Eligibility Criteria & Documents Required to Secure a Personal Loan.

A sudden financial emergency can hit you at any moment. Be it a medical emergency or a big-budget purchase, unforeseen expenses are unavoidable. Running from one place to another to secure money in these circumstances can be stressful. This was the scenario a few decades ago, but today, with easy financing and instant personal loans, financing has become amazingly simple. With the personal loan app, you can apply for a personal loan and get the amount credited to your account within minutes.

Unlike other types of loans, a personal loan is an unsecured loan and does not ask you to submit any collateral. So, to check whether you are a worthy candidate or not, the bank has a list of eligibility criteria and asks for you to submit some mandatory documents. Individuals who are salaried and self-employed must meet different qualifying requirements and submit relevant documentation. For better understanding, we have provided all the necessary information on personal loan eligibility and documentation if you are applying from a new loan app.

What Are Personal Loan Eligibility Criteria?

Though every lending institute may offer different rates of interest their eligibility criteria are similar to one another. Here’s a list of eligibility criteria for salaried and self-employed individuals.

  • Age: You must fall between the age range of 21 to 58.
  • Citizenship: You must be a citizen of India.
  • Occupation: Open to both salaried and self-employed individuals
  • Work Experience: As a salaried employee, you need to have been working for at least six months. In case, you are a self-employed employee, you need to have been in your current industry for at least two years.
  • Monthly Income: You must earn at least ₹15,000 every month.
  • Maximum Loan Tenure: The repayment terms can be extended up to 60 months.
  • Maximum Loan Amount: Usually you can apply for a loan of up to ₹ 5 lakh, but some lenders may offer you an amount than that depending on your profile.

What Are the Factors Affecting Your Eligibility Criteria?

Here’s a list of factors that affects your eligibility criteria for a personal loan:

  • Credit History: Your ability to obtain a personal loan will depend on your credit score and credit history. This element will influence the interest rate, loan term, and loan amount you are eligible for.
  • Age: Each lender has an age requirement that you must meet to continue the application process. The most common age criteria are between ages 21 to 58.
  • Housing situation: Your chances of getting your application accepted are better if you live in your own residence. The cause of this is that renting reduces your discretionary income, which diminishes your capacity to repay.
  • Your location: Your residence’s location is an important factor in establishing your eligibility for a personal loan.
  • Organization: Your employer will also have an impact on your ability to obtain a personal loan. You come off as having steady employment if you work for a well-known corporation with a strong reputation.
  • Existing Credit: Your possibilities of obtaining a new loan will be reduced if you have already taken out a personal loan, to improve your chances, you must pay it back on time.
  • Salary: The amount of the loan for which you would be qualified will depend on your income level. Your ability to obtain a personal loan will also be influenced by your income. So, try to maintain a steady income.

What Documents Should You Keep Handy While Applying for a Personal Loan?

Here’s a list of documents you will need to apply for a personal loan as a salaried individual:

Mandatory Documents

  • Application form
  • Coloured passport-size photo

Identity Proof (any one)

  • Aadhaar Card
  • Passport
  • License
  • PAN Card

Residential Proof (any one)

  • Passport
  • Drivers License
  • Ration Card
  • Utility Bill
  • Aadhaar Card

Income Proof

  • Form 16
  • A six-month salary slip
  • Six-month bank account statement

Residence Ownership Proof

  • Property paperwork
  • Power bills
  • Maintenance bills

Job Continuity Proof

  • Current employer letter of employment
  • Experience certificate from the previous employer

Now have a look at the list of documents necessary for a Self-employed Individual:

Mandatory Documents

  • Application form
  • Coloured passport-size photo

Identity Proof (any one)

  • Aadhaar Card
  • Passport
  • License
  • PAN Card

Residential Proof (any one)

  • Passport
  • Drivers License
  • Ration Card
  • Utility Bill
  • Aadhaar Card

Income Proof

  • Form 16
  • A six-month salary slip
  • Six-month bank account statement

Office Address Proof (any one)

  • Property documents
  • Rent agreement
  • Maintenance bill
  • Utility bill

Business Existence Proof

  • Copy of tax registration
  • Proof of shop establishment
  • Certificate of company registration


Eligibility criteria and documentation are critical components of the personal loan application process. Your loan will be accepted only if you meet the qualifying requirements. Once you have met the qualifying requirements, you must submit your papers for verification. Once the verification is over, your decided loan amount will get deposited in your bank account and can fulfill all your financial needs.

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Why Do Small-Scale Investors Choose Multi-Cap Funds?

Retail investors can be divided broadly into two – large-scale and small-scale investors. Large-scale investors are the ones who put a significant amount of money into their investments regularly. Investing could be more than a passive money-making option and rather a part-time for them. But most of the retail investors in India consist of small-scale investors. These include investors who put in a smaller portion of their salary every month in investment options like mutual funds through tools like SIPs. These groups of investors may not be as knowledgeable as large-scale investors, and they mostly look for an easier investment option. That is one reason why many small-scale investors choose multi-cap funds. But what are multi-cap funds, and why are they chosen more? Let us find out.

The need for balance

A balanced portfolio is often the most sought-after quality of an investor. Such a portfolio can ensure that your investment is appreciated and, at the same time, protected. Now, small-scale investors who cannot spend a lot of time perfecting their portfolios regularly will look for easier options to invest in a balanced portfolio. That is where mutual funds come in. They, by default, have a portfolio that is more or less balanced. But different mutual funds will have different characters, and the balance will defer too. For instance, an equity mutual fund will have more equity presence, and the balance will be affected by this too. One reason why multi-cap funds are chosen more could be because they can give you a well-balanced option by default. By how? Let us find out.

Categorization of mutual funds according to market cap

Mutual funds are categorized in multiple ways. Which, one important categorization is based on the market cap of the companies they focus on. Market capitalization, also known as market cap, is the total value of all the shares of a company. It is a dynamic figure and it is calculated by multiplying the number of stocks by the price of each stock. For example, if a company has Rs.1 lakh outstanding shares, the price at Rs.10 at this point, then the market cap of the company is Rs.1 lakh * 10  = Rs.10 lakh.

Large-cap funds

Large-cap funds are those that invest in large-cap companies. Large-cap companies are comaparitevly a safe investment option. This is because they are huge and have already attained stability. Investing in them tends to give you steady buy lower returns.

Mid-cap funds

Mid-cap funds invest in mid-cap companies mainly. Mid-cap companies are not as large as large-caps but they are still considerably big. Investing in them gives considerably stable returns but there is a higher potential for growth as they may still have space to grow. At the same time, they come with slightly higher risk as well.

Small-cap funds

All companies that are too small to be included in the above two categories are called small-cap companies. Small-cap funds invest in them. Investing in small-cap funds comes with a higher risk but they have a higher chance for growth as well.


A perfectly balanced portfolio with companies from the above three market cap categorisations is hard to create manually. This is mainly because the characteristics of these companies could change and it could be hard to monitor regularly.

But multi-cap funds are a solution here. They invest in companies of all three market caps to create a good balance. This balanced portfolio should be able to protect and at the same time, appreciate your corpus. This could be the most important reason why more small-scale investors choose multi-cap funds.

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How to get a personal loan with a low CIBIL score?

Periodically checking your CIBIL score is crucial for maintaining good credit health. CIBIL score is one of the major factors that impact your eligibility for availing financing, including personal loans. Having a strong score of 750 and above can make you an eligible candidate for an affordable personal loan offer. On the contrary, a low CIBIL score may make it challenging for you to get loan approval at favourable terms and conditions. However, getting approval with a low CIBIL score for a personal loan is not impossible if you follow certain tips.

Four tips to avail a personal loan with a low CIBIL score

  • Opt for a low loan amount

Usually, lenders hesitate to approve personal loan applications if you have a low score as it indicates poor credit history and incapability to meet Equated Monthly Instalments (EMIs) on time. When you have a low credit score, applying for a low loan amount may work in your favour. This is because a low loan amount reduces the lender’s risk, which indirectly boosts your loan approval chances. To know the loan amount you should apply for as per your repayment capacity and eligibility, you can use a personal loan EMI calculator.

  • Apply with a guarantor or co-applicant

As low CIBIL scores indicate a higher default chance and an enhanced credit risk for lenders, applying with a joint applicant can help. Adding a guarantor or co-applicant shifts the liability of your loan repayments on them if you default on the personal loan. Owing to this reason, the lender’s risk reduces, which makes them less hesitant to approve your personal loan application despite a low credit score. However, keep in mind that your co-applicant must have a high income and a good CIBIL score.

  • Show all your sources of income

Your monthly income directly indicates your repayment potential. Usually, a high income with lesser monthly obligations indicates that you have the required funds to meet your EMI payments. As a result, lenders might approve your application even if you hold a low CIBIL score. However, before you hit on the personal loan apply button on the lender’s site, ensure you have a reliable and steady income source. Besides your salary, you may also earn from other sources such as freelance work, rental properties, investments, and more.

  • Check if your credit report is up to date

Sometimes, the details in your credit report may not be up to date or there may be incorrect details in your report that may result in a lower credit score. In such cases, you must instantly report the discrepancies to the concerned authorities for correction. Rectifying such mistakes can increase your CIBIL score.

Ending note

Once you apply these tips, make sure to compare loan offers by different lenders so that you can get a good personal loan interest rate. Also, while you can get a personal loan despite a low credit score, work on improving your credit score over time as it will help you when applying for other loans in future.

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ETFs (Exchange-Traded Funds): What Are ETFs And How Do They Work?

Investments in the market are taken with the aim of earning extra revenue. People want the said extra revenue because they believe that the money will help them to take care of their day-to-day expenditures after retiring. But, before starting with your investment journey, it is imperative to remember that the act of investing is considered a long-time commitment and moreover, this action will help you with acquiring long-term wealth. When it comes to fund allocation, the income earned from the investment plans is as good as you build. For getting the portfolio right, you must get the allocation of assets i.e., equity, debt, and commodity, aligned with your investment objectives.

To build the portfolio in the right way, it is imperative that you are required to spend sufficient time studying the market and scrutinising all asset classes. After that, you should determine the level of fund allocation. It is common knowledge that several factors are known for having an impact on market sentiments, resulting in sharp variation in performance. Trying to keep up with all these factors, may not be easy for new investors. That’s where exchange-traded funds, i.e., ETFs can be helpful.

What are exchange-traded funds (ETFs)?

An example of a scheme that follows the passive investment strategy, exchange-traded funds (ETFs) is known for being shared investment tools that are known for functioning by both tracking and replicating an index. The index then can allocate funds to various asset classes like gold, debt, and equity.

Generally, these funds are known for tracking things like a sector, or a particular index.  However, the one way they are different from mutual funds is that exchange-traded funds can be either purchased or sold on an exchange just like stocks.

How do ETFs work?

ETFs are variants of mutual funds that are listed and traded on the stock exchange. This scheme can be both bought and sold with the help of an exchange just you do it with stocks. While most ETFs are generally known for being passively managed, there are some of these schemes that are actively managed as well. A portfolio for passive ETF is built in such a way that it can track an index such as the NIFTY 50. The NIFTY 50 can be defined as the index which is known for allocating funds to 50 of the largest Indian companies that are listed on the National Stock Exchange (NSE).

Moreover, ETFs may even track an index that is known for representing a sector (like NIFTY Pharma), or a commodity like gold. It is also important not that ETFs are also known for having symbols, like how it is possible to identify a company’s share by a specific symbol. For instance, on the exchange, it is possible to identify the IT company Infosys through the symbol INFY. Therefore, while looking up the share price of Infosys, all you need to do is look for ‘INFY’. Similarly, ETFs come with a specific ticker symbol as an identifier. With the help of this symbol, you can determine the ETF and find its current price. It is also important to note that there are different variants of ETFs that are available in the market as investment options. The said variants of exchange-traded funds are:

  • Equity ETFs:

This type of ETF is known for tracking broad market stock indices such as the BSE SENSEX or NIFTY 50. Apart from that, there are some international ETFs that follow the popular index of global markets such as Hang Seng and NASDAQ 100. If you are fresh in the world of investing, equity ETFs will help you to take the first step in equity investing. They do so by providing you with a flavour of what investing in stock markets feels like. By signing up for such an ETF, you will also get a chance to own all stocks that are part of a popular index and help their portfolio post near index-matching returns.

  • Debt ETFs:

Debt ETFs expose your investments to debt securities such as corporate bonds, government securities, commercial papers, and many more. They are known for tracking a debt index which, at times is specifically designed for the ETFs.

ETFs are known for being low-cost investment options. An ETF can also be used for exposing your funds to any market, asset class, or commodity.

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