What are Lifecycle Funds and Why You Should Invest in Them

Lifecycle funds are a simple method of investment. They are suitable for young investors who want to plan for investment. Lifecycle funds are advantageous for people who have a particular requirement for capital for a specific point in time. In this article we will discuss what lifecycle funds are and who should invest in them. We will also be talking about how a lifecycle fund works and why to invest in them. We have also included some key terms related to lifecycle funds. A recap of the main points is also provided at the end.

SBI NRI Demat Account: Charges and Opening Process

SBI is a depository participant registered with both NSDL and CDSL and offers various depository services to NRIs and OCIs. Non-Resident Indians who wish to invest in shares, bonds and debentures of Indian companies can apply for SBI NRI Demat account. SBI provides a Demat account through its subsidiary, SBI Cap Securities Ltd (SBICap). A Demat account holds securities in electronic form. NRIs can open two types of Demat account as follows:

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