Principal Tax Savings Fund is one of the best performing equity linked savings schemes (ELSS) in the last 5 years. Section 80C of Income Tax Act 1961 allows tax payers to claim deduction of up to Rs 1.5 Lakhs by investing in mutual fund...Read More
The last one year has been very good for mid and small cap funds. Mid and small cap funds have generated significantly superior returns relative to large cap and diversified equity funds categories over the last 1, 3, 5 and even 10 year periods, as can be...Read More
Axis Mutual Fund is launching a New Fund Offer (NFO) which will invest in global equities. The NFO is a fund of fund investing in Schroder International Selection Fund Global Equity Alpha. Schroder is one of the leading Asset Management Companies (AMC) of the world. The underlying fund, Schroder International Selection Fund...Read More
Savvy investors who have been following the equity markets would have surely observed that in the last one year certain industry sectors have outperformed the market. IT and Pharmaceuticals are two such...Read More
A contemporary trend that has captured popular imagination, irrespective of age, is travelling. Social media is flooded with accounts of various places to travels, bloggers have been writing about their travelling experiences, and once in a while we even...Read More
With the rising cost of healthcare in our country, health insurance is an essential investment in ensuring our family’s critical healthcare needs. Healthcare costs in India are increasing at a distressing rate...Read More
In the past few years I was always the happy-go-lucky kind of guy. Having being educated from a good institute, I got a job easily and was doing well for myself. Then marriage happened and I learned what responsibility is. Family planning was the...Read More
Underestimating insurance requirement: Many life insurance buyers choose their insurance covers or sum assured, based on the plans their insurance agents want to sell and how much premium...Read More
In this series we have discussed some key financial management principles to be followed at various age groups, the twenties, thirties and forties. By the time you reach your fifties, you should have checked off...Read More
Equity Savings Funds are equity oriented hybrid funds whose risk profiles are more moderate (lower risk) than the traditional balanced funds and yet they enjoy the tax advantage of balanced funds. Balanced Funds allocate at least 65% of their assets...Read More