Randolph Rowe
Randolph Rowe is a professional banker and former General Manager of Small Industries Development Bank of India (SIDBI). He brings with him the wealth of 34 years of all-round experience in the banking sector - comprising 12 years with IDBI and 22 years with SIDBI - which he combines with his flair for writing.
How to Choose Best SIP for Monthly Investment?
Mutual fund investors, especially first time investors, are often bewildered by the array of schemes and plans in the market. The task of choosing...
Alpha, Standard Deviation & Sharpe Ratio of Mutual Funds
How to find Alpha, Standard Deviation and Sharpe Ratio of Mutual Funds?
A decision to invest in mutual fund schemes must be preceded by an...
What is Current Ratio?
Definition
The current ratio assesses the ability of a business enterprise to pay liabilities that will fall due within a period of 1 year. These...
What is Tax Deferment?
Tax deferment is the postponement of liability to pay tax from a present date to a future date.
In case of Capital Expenditure
The deferment arises...
What is Tax Advantage Fund?
Tax advantage is not the only benefit that an investor can reap by making an investment in a Tax Advantage Fund. Of course, investments...
What is Switching Cost?
The transfer by an investor of his funds, either in whole or in part, from one scheme to another scheme, where both the schemes...
What are Surrender Charges?
A customer who wishes to terminate his insurance policy and recover its cash value before its maturity date is required to pay a fee...
What is a POS Machine?
A Point of Sale (POS) machine is sophisticated electronic equipment that processes payments made by credit card and debit card seamlessly. This machine is...
Who is a Nominee? How to Nominate a Nominee?
The person who is named by the owner of a movable or an immovable property to receive the property or the benefit thereof at...
What is Nominal Value?
In the securities market, the amount that is written on the face of equity or debt instruments is called its nominal value; also known...
