As we are approaching the final quarter of the current financial year, tax planning will be one of the most important priorities for many tax payers. Section 80C of Income Tax Act 1961, allows investors to claim deductions from their taxable incomes by investing in certain eligible schemes. 80C investments can be...Read More

Axis Mutual Fund is launching a New Funds Offer, Axis India Manufacturing Fund. Axis India Manufacturing Fund is an open ended thematic equity mutual fund scheme. The fund will invest in companies from industry sectors that are part of India’s manufacturing theme. The NFO will open...Read More

Thematic funds are equity mutual fund schemes which invest in some ideas or strategy. These schemes try to identify specific macro-trends in the economy and invest in sectors which can benefit from these macro-trends. Examples of investment themes are manufacturing, consumption...Read More

The last couple of months have been volatile for equity markets. Uncertainty about future interest rates and Israel / Hamas War is causing volatility. The Nifty corrected by more than 1,000 points, with buying support coming in at lower levels. In volatile market, reducing capital losses...Read More

Blue chip stocks are very large corporations with strong nationwide or even global reputations. Based on market capitalization, they are the largest of the large cap stocks (100 largest companies by market capitalization). Though there is no regulatory guidance on what constitutes a blue chip stock, many...Read More

Target maturity funds are fast gaining popularity among investors in India. As per our Mutual Fund research, the total assets under management (AUM) of target maturity funds (as on 28^th February 2023) were more than Rs 2 lakh crores (source: fund factsheets, as on 28^th February 2023). Out of this, AUM of target maturity...Read More

The Union Budget essentially is a statement of income and expenditure of the Government of India. The Budget has two components, the revenue budget and capital budget. In the revenue budget, tax (direct and indirect) and non tax revenues (e.g. dividends paid by CPSEs) are the source of income for the Government. The...Read More

We are in last quarter of FY 2022-23 / AY 2023-24 and you should complete your tax planning for the year by 31^st March 2023. Different sections of Income Tax Act of 1961 can help you reduce your tax obligation and save taxes by claiming deductions from your gross taxable income. In this blog post, we will discuss about two...Read More

As we approach the end of FY 2022-23 / AY 2023-24, you should ensure that you complete the tax planning for this year by 31^st March 2023 for availing the tax benefits available under various sections of Income Tax Act, 1961. If you are unable to complete the tax planning before the deadline set by your company...Read More

Quantitative investing or quant is a rule based investment strategy that uses mathematical and statistical techniques to make investment decisions. Since quant investments are based on computer algorithms, there is very limited human intervention in quant investing. Quant funds are thematic equity mutual...Read More