Building a diversified mutual fund portfolio requires investing in a set of two or more mutual funds. Generally, wechoose funds on the basis of popular parameters such as our investment objectives, past performance of the funds andexpense ratio etc. However, the returns from your mutual fund portfolio can be further optimized by bringing in some […]
Arbitrage Funds are a type of mutual funds that profit from the price differential of the equities in the cash market and derivatives to generate returns. It leverages from volatile markets. Table of Contents : What are Arbitrage Funds? Who should Invest? Benefits Things to be considered before Investing List of Top 10 Arbitrage Funds…
The beginning of the year is often seen as the tax-saving season for consumers. Salaried individuals are rushing to furnish proofs indicating their investments. Come February, another important aspect every Indian is watching with hopes is the Union Budget. There were several investor expectations from the financial year 2020-21 budget. One of them was doing…
A bank balance of Rs 1 crore is tempting to any salaried individual or a middle class person. But, the question is how to become a Crorepati? Making Lump sum or SIP investments into Mutual Funds can help in accomplishing the target in just few years. If you want a bank balance of Rs 1…
IDFC, one of India’s leading financial services provider, has voiced intentions of increasing its stake in IDFC Mutual Funds AMC by purchasing the 25% stake of Natixis Global Asset Management for an amount equal to Rs. 244.24 crores. This purchase will be carried out through IDFC’s completely owned subsidiary, the IDFC Financial Holding Company. […]
Even though “sharing is caring”, most of us prefer to share less with the tax man and add to our overall savings. The government allows taxpayers to legally save a portion of their taxable income up to a limit of Rs. 1.5 lakhs annually under Section 80C by investing in different financial products such as […]
Edelweiss Asset Management Limited (EAML) has introduced a new exchange-traded fund (ETF) named Edelweiss ETF – Nifty Quality 30. This ETF comprises 30 separate stocks from the Nifty Index, which were selected based upon quality scores provided by IISL (India Index Services & Products Limited). The ETF-Nifty Quality 30 is a unique open-ended fund, which […]
Table of Contents : What is Consolidated Account Statement? How to Generate a Consolidated Mutual Fund Statement Online? Benefits of CAS Summary of Consolidated Account List of Mutual Funds to Invest in 2020 A Consolidated Account Statement (CAS) is a statement showing details regarding all the mutual fund holdings across fund houses of…
In matters of savings and investments, an individual’s first priority is usually investments designed to bring about tax savings. While there are various tax savings options available out there under section 80C of the Income Tax Act, equity-linked savings schemes (ELSS) have emerged as one of the most popular options. ELSS is a tax-saving mutual […]
