Rapid advancements in technology are transforming industries and people’s lives around the world. Technology in the conventional sense has been used to automate manual processes and improve productivity. However, development in information technology in the last 20 years or so, particularly artificial intelligence (AI) and...Read More
Equity Linked Savings Scheme (ELSS) is one of the most popular tax saving investments under section 80C of the Income Tax Act 1961. By investing in ELSS, the investors can avail three benefits - Tax savings, capital appreciation and tax...Read More
ICICI Prudential Bluechip Equity Fundis the best performing large cap equity funds in the last 10 years (please see our Top Performing Mutual Funds (Trailing returns) - Equity: Large Cap). It is also among the top 3 large cap SIPs in the last...Read More
Whatsapp is the most popular social media platform in India. India had 400 million Whatsapp users as on June 2019 (source: Niti Ayog). In contrast, Facebook users in India totalled at 241 million even though Facebook is an older app than Whatsapp. There are 450 million smartphone users in India. This means that Whatsapp is used...Read More
Come December Income Tax assesses across the country start looking around in the financial market for tax saving instruments to avail deduction upto Rs. 1.5 Lakhs under Section 80C of the Income Tax Act 1961. The demand for Tax saving instrument...Read More
If you had started a monthly Systematic Investment Plan of र 10,000 in Reliance Tax Saver Fund 10 years back, by now you would have accumulated a corpus of nearly र 28.51 Lakhs with a cumulative investment of just र 12 lacs. In fact Reliance Tax Saver...Read More
ULIP or Unit linked insurance plan is a market-linked Insurance product that combines the very best of two - investments and insurance into one. The exciting feature of combining investments and insurance into ULIPs has brought a revolution in...Read More
There are divergent views on this topic among financial advisors. A majority of financial advisors that I know think that social media has limited use in their businesses. However, I know some advisors have been very successful in leveraging...Read More
Avoid claiming small expenses: If you don't make a claim on your automobile or car insurance during a policy year, you will be entitled to a no-claim bonus (NCB). No claim bonus can be around 20%...Read More
We keep hearing that it is very easy to lose money by investing in share markets. It is true that equity markets are risky. But it is also true that equity as an asset class has the potential to create wealth. How can...Read More