We have discussed a number of times on our blogs that term insurance is the best form of life insurance. It is a straightforward protection policy and the premium is much less than life insurance cum savings products...Read More
This has been a great year for Indian stocks. Year to date the Nifty has given nearly 25% returns. While years like 2017 are great for investor sentiment, we would like to reiterate that equity as an asset class is volatile in nature. Over the last 28...Read More
Equity Linked Saving Schemes (ELSS) is one of the most popular investments allowed under Section 80C, since the investors can avail double benefits of tax savings and capital appreciation. An ELSS is a diversified equity scheme with a...Read More
Section 80C of Income Tax Act 1961 allows investors to claim deductions from their taxable income by investing in certain eligible investment schemes. The amount of money invested in the schemes eligible u/s 80C can be claimed as deduction...Read More
Warren Buffet called investments to be a second source of income. Times may have changed and we may like to call ourselves modern but we still earn the traditional way i.e. from one pay cheque to another. We usually...Read More
A large majority of us feel retirement is for old age and that we need not be bothered by it. Well, it is partially true. Surely it is for old age, but if you do not take the right steps now, you might put your future in some danger. When it comes to...Read More
Investors often tend to ignore the impact of taxes on their investment planning. Taxes, however, have a significant impact on the returns earned by the investor and therefore investors should pay due attention...Read More
Some investors may think that, since mutual funds invest in stocks, they are better off investing in stocks directly through a broker instead of investing in mutual funds. Some people cite fund expense ratios and lack of control over the investments as key...Read More
NJ Flexicap Fund was launched in September 2023. Flexicap is one of the most popular equity fund categories. As per AMFI November data, Flexicap funds with Rs 3.06 lakh crores of assets under management (AUM) is the largest category (in AUM terms) among all actively managed equity...Read More
In the previous article of this series, Tax Planning at different stages of life – Part 1, we have discussed some tax planning ideas for people in the age group of 20 – 30 years and 30 – 40 years. Tax planning is an...Read More