When planning our asset allocations, we usually think about equity and fixed income for our different investment needs. Equity investments are made over long investment tenures (usually 5 years or longer) and primarily for the...Read More
After several rounds of volatility during 2018, the stock market stabilized towards the end of the year. However, near term risks remain, among which political risk will be the biggest worrying factor weighing on the market before the Lok Sabha...Read More
SBI Magnum Taxgain Scheme 1993 is one of the oldest mutual fund Equity Linked Savings Schemes (ELSS). Section 80C of Income Tax Act 1961 allows taxpayers to claim deduction equal to their investment in ELSS, from the taxable incomes...Read More
Investments in ELSS mutual funds or Equity Linked Savings Schemes enable investors to claim deductions of up to Rs 1.5 Lakhs from the taxable income as per Section 80C of income tax act 1961. Equity Linked Savings Schemes...Read More
Mutual fund investing is all about mapping your goals to suitable schemes that can help you achieve those goals. Your risk appetite and investment tenure are the two most important factors you’ll consider before you invest, as they...Read More
Edelweiss Mutual Fund has launched a new fund Edelweiss Small Cap Fund. The NFO opened for subscription on January 18 and will close on February 1, 2019. The last one year has been very difficult for small cap stocks with the Nifty Small...Read More
Our financial goals can be short term, medium term and long term. The short term goals are usually the most important goals at any point of time and give the highest priority in financial planning accordingly. The long term life...Read More
Now that we are in the final stretch of this financial year, tax savings will be an important priority for many taxpayers. Section 80C of Income Tax Act 1961 allows investors to claim deductions of up to Rs 150,000 in a Financial year...Read More
ICICI Prudential Mutual Fund has launched ICICI Prudential India Opportunities Fund, a New Fund Offer (NFO), which will invest in opportunities presented by special situations such as corporate restructuring, Government policy and/or...Read More
With the start of every New Year, and days before it, starts the list: the best of 2018, the worst of 2018 and of course the famed “New Year Resolutions for 2019”. In every sphere – from the office to home, from food to fitness, there...Read More