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
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
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
Multi-Asset funds are hybrid mutual fund schemes which invest in different asset classes like equity, fixed income, gold etc. The fund manager decides the proportional allocation to each asset class based on the market conditions with the objective of balancing risks and returns. Multi-asset...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
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
10,000 crore AUM is an important landmark for equity mutual fund schemes and Mirae Asset India Equity Fund has recently crossed this landmark. Popularity of this fund among Indian mutual fund investors comes on back of strong performance...Read More
Equity Savings Funds are a relatively new mutual fund product category. These are equity oriented hybrid funds similar to balanced funds, but the risk profile of these funds are more moderate (lower risk) compared to balanced funds. Balanced Funds...Read More
There are several reasons to bullish about equity markets this Diwali. Post the state elections in Maharashtra and Haryana, the Government has announced some key policy measures. The long overdue diesel...Read More
While the performance of equity funds last year had been in general, lackadaisical, the performance of the small and midcap funds category has been particularly tepid. The average return of small and midcap...Read More