2019 could be the year of opportunity after a rather challenging 2018 for Indian investors. 2018 saw a flat Nifty/Sensex and huge corrections in mid and small caps. The rupee depreciated against the dollar from 63 to 70 and the IL&FS crisis hit the debt and equity markets badly. Further, rising NPAs and the liquidity…
Dividend refers to the part of profit which a company shares with its shareholders. A dividend yield fund is a mutual fund which invests in shares/stocks of companies that pay high dividends. Since companies can afford to pay high dividends only if they have substantial profits to distribute, typically dividend yield funds tends to invest…
Since mutual funds are a market-linked product, all of them invariably carry a risk element. However, the magnitude of risk fluctuates widely depending on the type of the fund. At one end, liquid funds invest in short-term debt and carry low risk and on the other end, sector funds target individual sectors and have a…
Retirement planning involves the process of determining retirement income goals and deciding the necessary means to achieve those goals. The long-term nature of retirement planning makes mutual funds a good fit for meeting retirement income goals. However, tactical plays like sector or thematic funds cannot work because of high volatility risk. Nor can narrowly defined…
In her maiden budget speech, the finance minister, Nirmala Sitharaman, while presenting Union Budget 2019, has announced for a number of changes to the National Pension System (NPS) scheme. National Pension System is a government-backed pension scheme which voluntarily pools resources and invests in various securities including equity, corporate bonds and government bonds. Here is…
The Union Budget 2019-20 was presented in the parliament today by the newly appointed finance minister, Nirmala Sitharaman. The government aims to grow the economy to US$5 trillion by the 2024-25 financial year. The minister said that India will become a US$3 trillion economy in the current year. While there were several announcements made affecting…
What are Mutual Funds? Mutual funds are a type of investment schemes that pools together investors’ money and invest it in different types of financial instruments such as stocks, bonds, government securities, gold, etc. Mutual funds are managed by professional investment managers called fund managers. These experts buy and sell securities on behalf of investors….
India’s top performing mutual funds are poised to deliver strong returns to investors in 2019. Valuations in many categories have reached attractive levels after the market correction in 2018, opening up opportunities for fund managers. Here are our top picks for 2019. Fund Name Category AUM 3 Year Return 5 Year Return Axis Bluechip Fund…
Table of Contents:: What are dividend mutual funds? Types of Dividend Mutual Funds Top 3 Dividend Yielding Mutual Funds in India Benefits and Drawbacks of Dividend Funds Dividend Yielding Debt Mutual Funds Tax Treatment of Dividend Yielding Mutual Funds Dividend Reinvestment and Dividend Sweep FAQs What are Dividend Mutual Funds? Dividend yielding mutual funds basically…
The Central Board of Direct Taxes (CBDT) has notified certain changes in Form 16, the salary TDS certificate, seeking more details about exempted allowances under section 10 of the Income Tax Act, 1961. The new format as notified by CBDT will come into effect from May 12, 2019. Section 10 of the Income Tax Act…