If you are an individual taxpayer who wants to opt for the new tax regime announced in the Union Budget this year, you will have to forgo 70 tax exemptions and deductions. These will include deductions under Section 80C where you can claim a tax deduction of up to Rs 1.5 lakh. Read More
Equity Linked Saving Schemes (ELSS) or tax saving mutual fund schemes as they are called, help investors to save taxes. This is because investments in ELSS funds qualify for a tax deduction. However, this is possible only if you choose the old tax regime. Read More
As you might know, arbitrage funds make profits or hedge risks from buy-and-sell opportunities in the cash and the derivatives market. Whereas equity savings funds invest in equity, arbitrage and debt. Read More
You might have heard financial experts tell you that you can invest in mutual funds for goals such as your retirement or your kid’s education. This is because over long periods, equities have the potential to outperform every other asset class. Read More
The scorecard that lenders use to check your credit worthiness is your credit report. Here’s what information it has and what it means Your credit report is the first thing that lenders will check before they approve a loan or credit card. Read More
Filing your Income Tax Return (ITR) is not a tough task anymore, thanks to electronic filing introduced by the government. E-filing or filing tax returns online has made the process very simple. You can do it without the help of a chartered accountant. Here are the details that you need. Read More
Make sure that your portfolio is diversified, risks are minimised and your returns are maximised. A financial plan can help you do all his and more High Networth Individuals (HNI) usually have vast surplus to handle. Read More
PMS might be a lucrative option. However, the pros and cons have to be considered before choosing PMS over mutual funds Portfolio Management Services or PMS are similar to mutual funds. Read More
If you had invested in the Indian stock markets towards the end of April, you might be sitting pretty today. The Sensex has given returns of 21.99% in the last three months. In the past month, returns are well over 5%, which is much more than what you can expect from your savings account. Even […] Read More
What if we say that a pharma fund has given 65% in the past one year? Don’t believe us? Mirae Asset Healthcare Fund has given a return of 65.05% in the past year. This is not a one fund wonder. Read More
