When we think of the advantages of investing in mutual funds, we think of portfolio diversification, high affordability (with minimum investment as low as Rs 500), high liquidity, rupee cost averaging and professional management. But mutual funds can be classified into various categories and sub-categories – each having their own set of advantages and disadvantages. […]
When it comes to generating savings and making investments, there are plenty of schemes out there for you to choose from including mutual funds, fixed deposits, stocks, and bonds, etc. Among these, mutual fund investments have emerged as one of the most popular routes in recent times. These schemes are often classified on the basis […]
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 […]
Equity Linked Savings Schemes or ELSS schemes as it is popularly known are Tax Saver equity mutual Funds which invest in a diversified portfolio of stocks with the objective of generating capital appreciation for investors over a long investment horizon. Investors can get a tax deduction of up to Rs 150,000 from their taxable income […]
Debt funds have been traditionally considered as low risk investment avenues in India. Risk-averse investors have considered debt mutual funds as a substitute to fixed deposits. However, no mutual fund is ever completely independent of risks—we can merely ‘limit’ them. There are primarily two types of risks that are involved. One is the ‘duration […]
Bombay Stock Exchange (BSE) has introduced digital (paperless) Systematic Investment Plan (SIP) for mutual fund investors. The launch of this facility is expected to drastically reduce the registration time for new subscribers, while additionally allowing investors to complete transactions using online payment formats such as internet banking. As per this new facility launched by BSE, […]
UTI Mutual Funds, one of the largest fund houses in India, has announced the launch of a new mutual fund scheme, the UTI Family (Father and Mother I Love You). This scheme is specifically targeted at senior citizens across India allowing the children of such individuals to make investments on their behalf in lieu of […]
Most parents complain about how expensive everything is nowadays and how much cheaper basic necessities were back in the day. Inflation has indeed pushed up the cost of everything ranging from fuel to food. With expenses having risen by leaps and bounds in the past couple of decades, it is only natural that individual savings […]
As the new calendar year approaches, tax season is almost upon us and the mad scramble to make investments is all set to begin. Keeping this in mind, many leading fund houses have introduced their new fund offerings, a majority of which feature initial offerings that are set to close by end of December 2016. […]
If you are the type of investor who parks surplus money into fixed deposits (FDs) and small saving schemes (public provident fund, national savings certificate and senior citizen saving schemes), you might be worried because of the declining interest rates. This year alone, the Reserve Bank of India has cut the repo rate by 1.25% […]
