Investors who chose to invest in the Systematic Investment Plans (SIP) of balance advantage funds now enjoy better returns than those who chose pure equity plans. Read More
Credit risk funds are a category of debt mutual funds that have at least 65% of their investments in papers that are rated less than AA. They have the ability to generate higher returns by taking higher credit risk by investing. Read More
Everyone seems to running on a tight budget, irrespective of whether they are earning an annual salary of Rs. 1 lakh or Rs. 1 crore, thanks to the need for a better lifestyle and increasing inflation. If you didn’t know, for those in the highest tax bracket, one-third of their salary goes away in taxes. Read More
Fixed deposit is a very conservative financial product and is preferred by mostly senior citizens as it is considered safe. The elderly view deposits as a long-term investment and on an average commit their money for three to five years. Read More
Your taxable income is the final amount on which you pay tax after adjusting for all the tax breaks and benefits that you are eligible for. Here’s how to calculate it Most people tend to confuse their total income with their taxable income. Read More
You have different funds in your portfolio. They are equity funds. However, they are of different varieties – one is large cap fund, another thematic fund, one other is a multi-cap fund and another is a mid-cap fund. Read More
The primary tax deductions that every taxpayer claims are those under Section 80C of the Income Tax Act, 1961. Under this section, you can claim deductions of up to Rs. 1.5 lakh, and if you are in the 30% tax bracket, you can save up to Rs. 46,800 (including cess) by investing in the approved tax-saving options. Read More
If you have been a stock investor for several years, you should have known by now that a stock’s demand and supply dynamics are not the only thing that moves the stock market. Read More
Every insurance advertisement talks about taking a life insurance cover for Rs. 1 crore. However, will this be enough for you? You need to do some calculations for the answer What sum assured do you think is enough when buying a life insurance. Read More
Your money will remain safe even if your fund house is merged with another one Over the past decade, there have been several instances of fund houses exiting their business by selling it to other players. Read More
