Instant INR Deposit and Withdrawal Option on Koinbazar

Koinbazar, India’s leading cryptocurrency exchange has introduced an instant payment option on our exchange. With this feature, you can easily deposit and withdrawal INR instantly from any bank in India securely by using NEFT/RTGS, IMPS within few minutes. We have upgraded our payment gateway functionalities to avoid any unsafe activities. Our main aim is to provide a user-friendly platform and a seamless trading experience for traders all over the world.

The major benefits of this feature are,

Automatic bank account verification
Instantly deposit funds into your account
No middlemen services
Secure payment gateway
Hassle-free trading experience
How to do Instant INR Deposit on Koinbazar?

Step 1: Log on to the Koinbazar website

Step 2: Build your profile

Step 3: Complete KYC verification

Step 4: Link your bank account

Steps 5: Once the bank details and KYC gets verified, go to “Funds” then choose “INR”

Step 6: Put the amount that you want to deposit on the Koinbazar wallet from your bank account.

Steps 7: Once money gets deposited into your account, start trading cryptocurrencies.

How to do Instant INR Withdrawal on Koinbazar?

Once your KYC and bank account gets verified, including the funds that you want to withdraw from the Koinbazar wallet to your bank account.

So signup now, complete the KYC verification process, link your bank account, deposit funds instantly, and start trading your favorite cryptocurrencies consistently without any interruption.

SIP or Lumpsum: Which Option Will Give Better Returns in Mutual Funds

Once you have chosen the best mutual fund to invest, SIP & Lumpsum are the two ways to grow your investments. An SIP is considered to be a good option for investment purposes. It is convenient, flexible and inculcates a habit of investing. In an SIP, a fixed sum of money will be deducted from your bank account and will be invested in the fund of your choice. Whereas in Lumpsum, you will need to time the markets. You will need to have a sound knowledge of the markets and be smart enough to make a call on when to invest to realize better gains.

Advantages of SIP & Lumpsum investment:

SIP – When you initiate an SIP, a fixed sum of money gets deducted periodically. So when the market is down, you get more units and vice-versa. This helps in cost averaging. You don’t have to time the markets at all. It’s perfect for people who have just started to invest or completely new to investing.

Lumpsum – If you wish you invest in lumpsum, you will need to be very good in timing the markets. If the markets are low, your investment can give you more units. You will need to just make a one-time investment unlike SIP where you periodically make investments.

Drawbacks of SIP & Lumpsum investment:

SIP – Starting an SIP is like opening an umbrella, even if it’s raining or not. Which means even when the markets are high you are still making an investment resulting in accumulation of fewer units as compared to when investing in low market.

Lumpsum – You will need to have a very good knowledge about the markets to make right decision to invest in lumpsum. If you invest and the markets go down, you will end up losing your wealth. Hence, a good knowledge about the markets and a foresight is needed when you choose to invest via lumpsum.

Regardless of which investing mode you chose; it is the selection of best mutual fund for SIP or lumpsum that play a crucial role. for long term risk adjusted returns. After selection of best mutual fund to invest in for a long term, you can initiate an SIP or make an lumpsum investment.

Simplifying Passive Investing with NIFTY ETFs

A passive fund is where the fund manager and his team do not actively manage stocks. They mandatorily invest in the stocks that the underlying index is comprised of. They try to replicate the index and give returns according to their performance.

Passive funds are different as compared to Active Funds because they have a low expense ratio. The involvement of the Fund Manager in an Index Fund is lesser. As per SEBI regulations, the Exchange Traded Funds’ (ETFs) expense ratio cannot exceed 1% the daily net assets. ETFs generally cannot beat the benchmark. The Nifty ETF’s returns may be equal to the benchmark’s returns or lesser.

The active fund managers, in contrast, need to undertake industry research, based on which they take positions in the markets. This making active funds relatively costlier. Actively manages funds seek higher Alpha, which means they take a little more risk to generate higher returns than the benchmark. Their main objective is to beat the benchmark and if the fund manager takes a wrong decision, it can result in huge losses.

The objective of the NIFTY 50 ETF is to try and replicate the performance of the index by buying the same stocks in the same proportion as they are in the index. Nifty 50 Index includes the top 50 liquid stocks of the market. Investing in Nifty 50 ETFs gives investors diversification, which is important because it diversifies the risk factor. The Nifty 50 Index consists of the 50 most valuable stocks spanning across sectors of the Indian economy.

Many investors refrain from investing in markets as they do not possess adequate knowledge of the stock market. Investing in NIFTY 50 ETF doesn’t require extensive research as all the fund does is buy stocks from its underlying index, which is the NIFTY50. You will always have the option of buying stocks on your own but for which you will require a huge investment to invest in stocks of multiple sectors. Thus, investing in NIFTY 50 ETF gives your invested money a broad exposure which a single stock may not able to do so.

What is a Business Consultant?

For many business owners it is difficult for them to see the wood for the trees. They will be working hard to develop their business and often this can make it extremely difficult to take an objective point of view on their company or organisation.

A business consultant is a person or entity, which can offer a third party opinion on the way in which a business may be structured or be operating. There are a wide range of business consultants who have expertise and experience in a wide variety of different areas.

What can this mean for my business? Well, if you have a company it is likely that there will be a business consultant out there who can assist with your requirements. This can be from simple things such as implementing a formal HR process, to more complex operations such as restructuring.

It is fair to say that most business owners if they were being completely honest with themselves will have some areas which their company is excellent at, and others which it probably is not so good at. A business consultant can potentially fill that knowledge or experience gap that you may have without you having to employ someone on a full time basis. Often business owners will be very focused on the day to day fire fighting which is required, without really being able to think about the strategy of their company.

Now, business consultants will generally not be cheap, as typically they will have had a wide range of industry experience. This will enable them to apply the relevant experience which they have gathered to your business or company.

So what exactly will they do? Normally the consultant will (for free) conduct a review of your company and identify where they believe they can potentially help. So this may involve understanding the financial structure of the company down to the number of employees. All of this information will help the consultant develop a picture of your organisation in their mind. During this process it is important that you are honest as if there are skeletons in the closet this could well mean that any suggestions or recommendations which the business consultant makes may not be relevant.

Next the consultant will normally produce a report on your business, which will identify the areas which they believe they can provide support or expertise. This will normally include some kind of indication for the level of involvement which they would look to have in the business, which may be as little as one day a month for a year, or full time for a month or so. The purpose of them working with the company will be to introduce the proposed changes or ideas which can then lead in turn to a more structured approach to the way in which the business functions.

The charging structure applied can vary. It normally will not be cheap. However, you have to appreciate the wealth of expertise that the consultant is bringing to the table. If you can get the changes implemented swiftly this will then improve the company very quickly. These things will normally take much longer than expected, so bear this in mind!

Overall the use of a business consultant can really help your company. As with services of this nature, do your research and look for someone who really has the specialism or expertise that you require. This will then make any advice or opinions which you receive all the more relevant.