Why To Choose MF’s Over Pension Plans?
Retirement planning is absolutely necessary so that you have a corpus at hand when you retire and need funds to meet your lifestyle expenses. As you plan for your retirement you have to factor in many questions like, how will you streamline your debt? Or how will you arrange for your medical bills? Or probably other aspects like estate planning. As individuals, we want a comfortable and...
Debunking The Eight Common Myths About Investing In SIPs
After our last blog on Importance of continuing SIPs amid Covid 19, we have received some queries on SIPs and most of the concerns were actually turned out to be myths. So we have decided to debunk those myths in today’s post. After our last blog on Importance of continuing SIPs amid Covid 19, we have received some queries on SIPs and most of the concerns were actually turned out to be...
Importance of Continuing SIPs Amid COVID-19
During these volatile markets owing majorly to COVID pandemic, investors are getting panicked as to what should be done with their investments? Should you be investing more? Should you be redeeming some of your investments? Many must be thinking to stop their SIPs during such downfall. Today we are going to address one of the major concerns of whether to continue...
Choosing The Best Equity Mutual Funds
Sensex crashed about 30 per cent since 20th feb 2020, falling from 41,000 level to 28,000 level, owing to Yes Bank Crisis , the Coronavirus being declared as pandemic by WHO, decline in international crude oil price. The market has been very volatile since past 1.5 month. During these falling markets it’s suggested that you should be opting the Mutual Fund route to invest fresh money in...
Tax Saving opportunity Extended Till 30th June
On 24th March 2020, FM Nirmala Sitharaman extended few tax deadlines to 30th june 2020. One of the deadlines which was extended was to do tax saving investments for FY 2019-20 which now can be done by 30th june 2020 instead of 31st March 2020. This announcement will prove beneficial for those taxpayers who were unable to invest till date specifically because of coronavirus. The extension is...
Best Tax saving funds in 2020 – ELSS
When it comes to saving taxes, there are myriad options available but nothing works like Equity Linked Saving Scheme. ELSS or Equity Linked Saving Schemes comes with a lock-in period of 3 years, which is the shortest holding compared to all other tax savings. By Investing in ELSS, one can attain deductions up to INR 1,50,000 from their taxable income as per Section 80C of the Income Tax Act....
Top Tax Saving Investments and their Returns
It is that time of the year when the salaried as well as the non-salaried hunt for various tax-saving investment avenues. A smarter approach is the one where tax-saving is taken up early in the year rather than making it a later affair. When one chooses a tax saving investment there are a few factors that need to be considered like safety, returns, lock-in, and liquidity. Here are various...
Mutual Fund 101
Savings is a habit you cannot force on anyone. It has to come naturally. People have to understand the importance of it, that’s the only time…
Look out for the new multicap fund in the market
Essel Mutual Fund belongs to one of the most known private sector firms called Essel Finance. They have entered the Indian trade of mutual funds very recently. They have announced an expected Assets Under Management (AUM) of Rs. 8,000 – Rs. 9,000 Crore by March, 2019. Even though their current AUM has been noted to be around Rs. 1,700 Crore, they firmly believe that dealing through liquid...