Most Popular Saving, Investing & Mutual Fund Articles

We are almost in the final month of the current tax assessment year. You can claim deductions of up to Rs 1.50 Lakhs from your taxable income by investing in schemes eligible under Section 80C of Income Tax Act 1961. In order to claim...

Section 80C of Income Tax Act allows tax payers to claim deductions from their taxable income by investing in certain instruments. The investment limit eligible for tax deduction in Section 80C has been increased to र 150,000 from...

When we think about mutual funds, we are conditioned to think only of equity investments. It is true equity as an asset class provides superior returns over a long time horizon. However equity funds are not the...

Quantum Mutual Fund has launched a small cap equity scheme, Quantum Small Cap Fund. The New Fund Offer has opened for subscription on 26 October 2023. The NFO will close on 27 October 2023. Small cap has been the best performing segment of the equity market in 2023; Nifty Small Cap 250 TRI has given...

For those you in your twenties, you are feeling this is the best time of your lives. You are absolutely right. Gone are the days of financial dependence on your parents, you have chosen a career for yourself, some...

Equity Linked Savings Schemes are mutual fund schemes which qualify for tax savings under Section 80C of Income Tax Act, 1961. You can claim up to Rs 1.5 lakhs deduction from your taxable income by investing in ELSS. ELSS investments have a lock-in period of 3 years. If you are investing in ELSS through Systematic Investment Plans, each SIP...

Midcap mutual funds are equity mutual fund schemes which invest at least 65% of their assets in midcap stocks. SEBI classifies the top 100 stocks by market capitalization as large cap stocks, the next 150 stocks as midcap and the remaining ones as small cap stocks. Large cap stocks are characterized by market...

ICICI Prudential Asset Management Company has launched a 10 year close ended ELSS new funds offer (NFO), ICICI Prudential Long Term Wealth Enhancement Fund. The NFO opened on December 22, 2017 and will close on March 21, 2018...

Mutual Funds which stand the test of the time and deliver strong returns across different market cycles become favourites with investors. SBI Magnum Multiplier fund launched in 1993 is one such fund. In the last few years, the fund...

Mutual fund reclassification directive by SEBI has brought a lot of clarity about different types of mutual funds for investors. In our view, retail investors had little awareness about different types of debt mutual funds and were often confused...