The goal of any investment is to make your money grow and equity mutual funds can definitely help you achieve this, but these investments often offer low liquidity. Thus many of us are forced to park a certain amount of cash in savings bank accounts so that we can easily get hold of funds in […]
If you have been following the news closely over the last couple of months, your investments in mutual funds might have left you jittery. In latest developments, Securities & Exchange Board of India (SEBI) has canceled the registration of Sahara Mutual Fund. The board has asked the fund house to stop taking fresh investments and […]
These days, it is common to hold mutual fund investments online. But, if you have invested in mutual fund before the demat form and e-statements were common and have lost track of them, you need not fret. You can find them; let us tell you how. At the time of redemption of your mutual fund […]
With every passing day, education in India is becoming more and more expensive. The cost of getting a decent school education in India has skyrocketed. As per data released by the National Sample Survey Office, the average annual expenditure on a private schooling has increased by a whopping 175% in the last 10 years. During…
In 2013, SEBI made it mandatory for Asset Management Companies (AMCs) to issue a regular plan and a direct plan for every mutual fund. While a lot of investors jumped at this opportunity, many of us have yet to do so. So, here in this issue, I will talk about direct plans of mutual funds […]
As the financial year draws to a close, it is time for taxpayers to finalise their tax planning. Equity Linked Savings Schemes (ELSS) is one of the various tax planning investment products eligible for deductions under Section 80C. Apart from investment amount, dividend income and redemption proceeds are absolutely tax-free. These funds also have the […]
Mutual Funds have emerged as one of the most popular investment options for individuals looking to grow their savings over the long term. One of the primary factors behind their popularity is their flexibility. Mutual funds investments can be availed for amounts as small as Rs. 500 and for as long or as short an […]
As more and more banks provide lower rates of return on FDs and savings accounts, mutual funds emerged as a preferred investment route for investors from various walks of life. In fact, the reach of mutual funds in India has now moved beyond just the larger cities and has now moved on to even the […]
When you make a deposit in a bank for a predetermined tenure at a fixed rate of interest, it is known as a Fixed Deposit or FD. As a financial instrument, Fixed Deposits have been tried and tested for a significant period of time and have consistently delivered good returns. This makes them one of […]
For every individual, whether salaried or self employed, saving money proves to be an essential part of one’s life. Saving money is easier said than done. Every individual aims to save a certain amount of money but end up spending it all. This could lead to several problems in long run when you will be…