Open ended mutual fund: How it works

Mutual Funds can be segregated as per their underlying asset, style of investing, or structurally. Looking at mutual funds from a structural point of view, they are classified as open-ended mutual funds and closed-ended mutual funds.

Open-ended mutual funds are mutual funds where the units can be issued and redeemed at any time. Open-ended mutual funds do not have any defined lock-in period, except ELSS funds. They do not have a defined maturity period. Open-ended mutual funds have no limits on the number of mutual fund units that can be issued. Open-ended mutual funds may be listed on the stock exchange. Mutual fund units are purchased and redeemed on demand at the NAV (net asset value) which fluctuates every day.

Open-ended mutual funds may have an exit load depending on which category they belong to. Open-ended mutual funds are more popular than closed-ended mutual funds among retail investors. Open-ended mutual funds are available for subscription, repurchase or redemption on a continuous basis. Open-ended mutual funds, for example, could be a hybrid fund, which invests in both equity stocks and bonds.

How does open-ended mutual fund work?

An open-ended mutual fund is launched in the market by announcing a New Fund Offer (NFO). As per SEBI regulations, an NFO is open for a maximum period of 15 days. The units are offered at predefined offer price in NFO. An investor can purchase or redeem units of an open-ended mutual fund at any time after the closure of NFO based on their NAV (Net Asset Value)

If an investor is looking for redeemed and to diversify their investment portfolios, these funds could be an option. An investor can browse through an open-ended mutual fund list to evaluate the performance track record across different market cycles. This helps investors make a well-researched decision.

How to Buy TTCoin (TC) in India?

Are you looking for the best exchange in India to buy TTCoin (TC)? Then, you have landed at the right place. By using this guide, you can easily know how to buy TTCoin with INR on Koinbazar. Before we get into this, let’s see an overview of Ripple.

Koinbazar has recently launched the cryptocurrency exchange mobile app for both Android and iOS platforms. With this app, you can buy, sell, and trade your favorite cryptocurrencies instantly. Traders who download and sign in to the app will get FREE 10,000 SHIBA INU tokens instantly gets deposited into your koinbazar account.

What is TTCoin (TC)?

TTcoin (TC) is a TRC20 based compliant token built on the TRON (TRX) blockchain network. TTcoin (TC) is a digital currency that distributes to the users for cloud mining and collects the budget to be opened to the stock market for advertising revenues. With representatives around the world, TTcoin also creates and develops a trust factor ecosystem. As a taner games & application, we are a company that designs and distributes games and applications. TTcoin, on the other hand, is our practice and token to benefit our users in the best way possible. The total supply of TTcoin (TC) is 6,000,000,000.

How do investors buy TTCoin in India?

Like other major cryptocurrencies, TTCoin is also available on several exchanges like Koinbazar. Do you want to buy TTCoin in India with INR? Then Koinbazar would be one of the best crypto exchange platforms where you can buy, sell, and exchange TTCoin safe. Koinbazar offers an instant INR deposit option that helps traders to deposit funds instantly and start trading comfier.

How to buy TTCoin in India from Koinbazar?

Do you want to buy TC with INR? Follow the below-mentioned steps,

Step 1:

Visit Koinbazar.

Step 2:

If you are already a registered user, choose ‘SIGN IN’ at the top right corner of the website to log into your account. If you are a new user, click ‘SIGN UP’ in the top-right corner to register your account.

Step 3:

After you sign into the account, choose “MY ACCOUNT” at the top right corner of the page. Update the requested details to build your profile.

Step 4:

Choose KYC verification under “MY ACCOUNT”.

Step 5:

Update the KYC authentication section requested details and identity certificates should be updated and then click ‘SAVE’.

Step 6:

Choose ‘BANK DETAILS’ and update your required information. Then, click “SUBMIT”. Once the admin approved, you will be able to deposit and withdraw your funds from your Koinbazar wallet.

Step 7:

Once the admin approved your bank details, Choose “Funds” from the top right corner of the menu and select “Deposit”.

Step 8:

Choose the “Fiat” option from the deposit. Your desired funds are to be deposited in the form of fiat currency.

Step 9:

Then choose the ‘Manual Deposit’ option and update the required information and also instant INR deposit options available. Your transferred amount will be credited to your Koinbazar wallet after being reviewed by the admin.

Step 10:

Once your funds get deposited, go to the home page and select ‘TRADE’.

Step 11:

On the trading page, choose the “INR” market and select TC/INR pair to buy TTCoin instantly.

Step 12:

At the bottom left of the page, start trading by setting the order type and order value you would like to buy.

How to Buy Nimbus (NBU) Token in India?

Are you looking for the best exchange in India to buy Nimbus (NBU)? Then, you have landed at the right place. By using this guide, you can easily know how to buy Nimbus with INR on Koinbazar. Before we get into this, let’s see an overview of Nimbus (NBU).

Koinbazar has recently launched the cryptocurrency exchange mobile app for both Android and iOS platforms. With this app, you can buy, sell, and trade your favorite cryptocurrencies instantly. Traders who download and sign in to the app will get FREE 10,000 SHIBA INU tokens instantly gets deposited into your koinbazar account.

What is Nimbus (NBU)?

Nimbus is a DAO-governed network of dApps that provides users with 16 revenue sources including IPO participation, lending, cryptocurrency trading, and more. It puts top financial and investment products at your fingertips that have never been offered in bitcoin before.

The main purpose of creating Nimbus DAO is to provide a fair, transparent, and safe platform. We have four dApps and several more pools that allow for 16 different earning possibilities. The apps include Crypto-Trading dApp, Crowdfunding dApp, Lending-Borrowing dApp, and IPO Hub dApp.

How do investors buy Nimbus (NBU) in India?

Like other major cryptocurrencies, Nimbus is also available on several exchanges. Do you want to buy Nimbus with INR? Then Koinbazar would be one of the best crypto exchange platforms where you can buy, sell, and exchange Nimbus safe. Koinbazar offers an instant INR deposit and withdrawal option that helps traders to deposit funds instantly and start trading comfier.

How to buy Nimbus in India from Koinbazar?

Do you want to buy NBU with INR? Follow the below-mentioned steps,

Step 1:

Visit Koinbazar.

Step 2:

If you are already a registered user, choose ‘SIGN IN’ at the top right corner of the website to log into your account. If you are a new user, click ‘SIGN UP’ in the top-right corner to register your account.

Step 3:

After you sign into the account, choose “MY ACCOUNT” at the top right corner of the page. Update the requested details to build your profile.

Step 4:

Choose KYC verification under “MY ACCOUNT”.

Step 5:

Update the KYC authentication section requested details and identity certificates should be updated and then click ‘SAVE’.

Step 6:

Choose ‘BANK DETAILS’ and update your required information. Then, click “SUBMIT”. Once the admin approved, you will be able to deposit and withdraw your funds from your Koinbazar wallet.

Step 7:

Once the admin approved your bank details, Choose “Funds” from the top right corner of the menu and select “Deposit”.

Step 8:

Choose the “Fiat” option from the deposit. Your desired funds are to be deposited in the form of fiat currency.

Step 9:

Then choose the ‘Manual Deposit’ option and update the required information and also instant INR deposit options available. Your transferred amount will be credited to your Koinbazar wallet after being reviewed by the admin.

Step 10:

Once your funds get deposited, go to the home page and select ‘TRADE’.

Step 11:

On the trading page, choose the “INR” market and select NBU/INR pair to buy Nimbus instantly.

Step 12:

At the bottom left of the page, start trading by setting the order type and order value you would like to buy.

Earn 6 Figures As A Consultant

The word “consultant” is now used in many industries to describe specialised skilled individuals hired by companies to perform a specific job. Consultants are generally paid a premium, either as an employee on a large salary or as a contractor at a lucrative daily rate. If you want to improve your income and change your career prospects, could you consider becoming a consultant?
Here are five critical areas to focus on if you want to earn a 6 figure salary as a consultant.

1) Specialisation. If you are just starting out, choose the area you are going to specialise in carefully. Does it pay the amount required? How many companies require this skill? Are those companies based where you want to live? If you already have a career, which of your skills would lend themselves to consultancy? Can you see yourself as a specialist in this area? Make sure your chosen area of specialisation is future proof and will not become obsolete. For example, software developers should specialise in programming languages that will continue to be widely used. Focus and get experience in that area. Get certification if necessary. Only put yourself forward for roles that will add to your area of specialisation. Keep up to speed with new developments in the area.

2) Know the market. Talk to other consultants and recruitment agencies about what is available and what is required for the jobs you are interested in. Do you need your own company so you can invoice directly to your clients? Do you want to join a consultancy firm to gain experience first before setting out on your own? What do the companies require in order to pay the premium rate?

3) Have a great resume and good interview skills. Strip your resume of peripherals and non-relevant experience. Concentrate on expanding the areas of your resume that are about your specialist area. Have recommendations and references available that relate to the specific work you will consult in. Professional networking websites e.g. Linked In are good tools for promoting yourself and finding opportunities through colleagues.

4) Be flexible. Consultants often have to work at different companies, in different cities or even countries in their work. Daily financial benefits are often given for working out of town, but this may not fit with family life or work/life balance. Know what your limits are before signing a contract. Being flexible about the role itself is also important. Job descriptions, particularly for contract work, are often loosely defined. Adaptation to the changing demands of the job are therefore required. Your contract is more likely to get renewed if you are flexible.

5) Be confident. Consultants are confident in their abilities and portray this to their clients. Even if they don’t know the answer, they are confident enough to say that they will find out within a short time-frame. They deliver value for money and so are confident in their daily rate/salary level.

Being a consultant has its pros and cons, just like any job. There is the freedom to move on, autonomy, project based work and financial reward. But there are also stressful deadlines, overwork and too much travel, job uncertainty and not being paid for off days. It is not for everyone, but if you love change and are confident in your abilities, it is a great career choice.

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