What is a Folio Number? Folio number is one of the most known words off late particularly after demonetization as the investments in equities and equity-related securities have increased manifold. Mutual funds need some mechanism to store record pertaining to investments, transactions made by an investor. This...

Budget 2018 was on the expected lines of the Pre-Budget note released by ORO Wealth. As envisaged, the Budget has a strong focus on agriculture, rural development, MSMEs and Affordable housing. The Government reaffirms its stance on Sabka Saath, Sabka Vikas, by focusing on agriculture and...

Equity Linked Savings Scheme (ELSS) are tax saving mutual funds which provide an investor with the tax-saving benefit of up to Rs 1.5 Lakh under section 80 C of the Income Tax Act. An investor may invest more than Rs 1.5 lakh in these schemes...

It’s all about Politics… The recently concluded Gujarat elections undoubtedly have implications for the ruling Bharatiya Janata Party (BJP). Though the BJP secured a clear majority in the elections, the fact remains that despite crossing the half-way mark, BJP won fewer seats than the 2012 elections....

Introduction College is expensive, and it's only going to get more expensive. Tuition costs continue to climb at a rate significantly higher than the inflation rate. In fact, on an average, the cost of college doubles about every nine years. This means that for a child...

As per recent amendments to the Prevention of Money Laundering Act (PMLA) Rules, 2017, it is mandatory to link your Aadhaar card to all Mutual Fund folios by 31-Dec-2017.  Please link your Aadhaar Card with the following RTA's, each RTA's processes funds for specific AMC's, find...