In the Advisorkhoj blog, we have often stressed the importance of selecting consistent performers for your long term mutual fund portfolios. Many investors select mutual funds based on last 1 or 2 years performance, but investors should...Read More
LIC Mutual Fund Unit Linked Insurance Scheme is an investment cum insurance product, which offers investments in equity oriented hybrid asset class along with life insurance cover. Launched in 1989, the Unit Linked Insurance Scheme is one...Read More
Consistent performance, in our view, should be most important selection criterion for mutual funds. While consistent performance is important for all categories of mutual funds, it is especially significant for long term debt funds (or income funds). This is...Read More
In its last monetary policy review on August 5 the RBI kept the repo rate unchanged at 8%, as was widely expected. Governor Rajan reiterated the central bank’s commitment to bringing down inflation, signalling...Read More
Benjamin Franklin, one of the founding fathers of United States of America, in his 1789 letter, shortly after the establishment of the US constitution, wrote that, “in this world nothing can be said to be certain, except death and taxes”. Tax is one of...Read More
In the last 3 years, SBI Magnum Equity Fund has given around 18% annualized returns versus 12% annualized Nifty returns. This large cap fund underperformed slightly in 2013 but bounced back strongly in 2014 and has been in the top 2 performance...Read More
Investors, who have trading accounts with equity broking firms, receive text message or emails from their brokers every day, recommending which stocks to buy or sell. When they tune into a business news channel...Read More
Whole Life plan provides life insurance cover for the entire life of a person or 100 years, which is less. Unlike fixed term plans or endowment policies, whole life insurance policies provide financial security throughout...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
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