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Festival celebrations can be an expensive affair, especially considering there are a string of festivals that are observed within short intervals of each other. Here are few ways you can prevent festival expenses from creating a dent in your finances:

"Margin Calculator - Upstox.com offers a free online calculator for determining the Span Margin necessary to open a transaction in the market."

A mutual fund pools your money along with that of several other investors and invests this money, depending on the type of mutual fund you chose. It invests in different stocks if you choose equity or equity diversified mutual funds, in bonds or fixed income securities, if you choose debt mutual funds and a mix of equity and debt if you choose a balanced mutual fund.

The company which manages the mutual fund is called an AMC or an asset management company. An AMC may manage several mutual fund schemes.

The money you and several investors invest in the mutual fund