Ask Your Banking Queries, Loan & Finance

How To Calculate Loan to Value ratio LTV / LCR ?

Calculate Loan to Value ratio (LTV). LCR stands for the Loan to Cost ratio. LTV ratio used by banks  to calculate the loan amount that...

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How To Calculate Fixed Obligation to Income Ratio (FOIR) in Loans ?

Fixed Obligation to Income Ratio is an important parameter in Loan calculation while maintaining Rating Chart.  Procedure for FOIR Calculation : In FOIR calculation, the...

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When Purchased Unit are Transfered in Close Ended Schemes ?

According to SEBI Regulations, transfer of units is required to be done within thirty days from the date of lodgment of certificates with the mutual...

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When will I get statement of account after investing in Mutual Fund Scheme ?

Mutual funds are required to despatch certificates or statements of accounts within six weeks from the date of closure of the initial subscription of the...

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How much should I invest in debt or equity Mutual Fund schemes?

This is purely depends on the income level and earning of individual. There are many other cases also where the returns are anticipated and invested...

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What is an assured return scheme?

A scheme cannot promise returns unless such returns are fully guaranteed by the sponsor or AMC and this is required to be disclosed in the...

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What is a Repurchase or Redemption Price ?

Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the unitholders. It may include...

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How is a mutual fund set up?

The process of forming a Mutual Fund companies is little complex as a mutual fund is set up in the form of a trust, which...

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