Latest Saving, Investing & Mutual Fund Articles

Since the election season is upon us, let me begin this article with a political analogy. If you look at elections over the past 30 years or so, they have been won or lost mostly due to the failures of the previous Governments...

Inevitably every year, India celebrates the break out achievements of some exceptional women, whether it is Hima Das or PV Sindhu a few years ago, or more recently Gita Gopinath, the first Indian women serving as Chief...

Balanced Advantage Funds dynamically rebalance their asset allocation between equity and fixed income (debt) based on stock market valuations based on a dynamic asset allocation model. If equity valuations are low, then in dynamic...

ICICI Prudential Value Discovery Fund was one of best performing and popular equity mutual fund schemes for many years till around 2016. The scheme consistently beat its benchmark (BSE 500 TRI) and category peers for a number...

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...

The last one year has been a very difficult one for midcap stocks and funds. The BSE Midcap Index fell 14% from January 1, 2018 to January 1, 2019; on a year to date basis the index has fallen a further 8%. Such steep falls expectedly...

There is a common saying that taxes and death are unavoidable and therefore, you should always assess your tax correctly and pay it at the right time. Mutual funds do not deduct tax at source for redemption proceeds but investors...

Reliance Tax Saver Fund, which was one of the best performance ELSS a couple of years back, has slipped a bit in rankings based on short term performance, but in our view it still remains a good ELSS mutual fund for investors with long...

Mirae Asset Tax Saver Fund has emerged as the best performing tax saving mutual fund (ELSS) in the last 3 years (please see, Top Performing Mutual Funds (Trailing returns) - Equity: ELSS). If you had invested Rs 1 Lakh in the scheme three...

Mutual fund Equity Linked Savings Schemes (ELSS) is the best tax saving investment option under Section 80C of income tax. You can claim up to Rs 1.5 Lakhs of deduction from your gross taxable income by investing an equal amount...