The month of March is the month of tax saving! Come March, and then we see a scramble to save tax with ELSS ( Equity Linked Savings Scheme ). Almost every other person who has just completed an investment becomes a tax expert and starts advising others on how to save tax. Brokers, particularly agents […]Share this post!
Today the equity markets are in apparent free fall. Many stocks have fallen by more than 20% and the Nifty index itself has fallen by about 7% in just 3 days. Technically a correction is one, wherein the markets fall by at least 10%. Whether your investment in regular plans of mutual funds or mutual […]Share this post!
The government in today’s budget introduced the much talked about long term capital gains tax (LTCG) on the selling of listed securities on gains of over Rs 1 lakh. This has implications on your mutual fund holdings, more so if you wish to switch to direct plan mutual fund. We will explore this more here. 1.Long […]Share this post!
Why Invest At All? This sound almost like an inane question. Most people will say, to make more money or to get higher returns. But most likely, you will not get a clear answer about meeting specific goals. Goal based investing anchors your investing efforts and takes off stress to a large extent. It is important […]Share this post!
Sectoral funds are mutual funds that invest in a particular industry sector or a theme. Examples are “Pharma” fund, “FMCG” fund, “Banking Fund”. A sectoral theme could be “GST” which invests in stocks that might benefit from the Goods & Service Tax implementation. Sectoral funds are a good way to take exposure in a particular […]Share this post!
In Mutual Funds, More and more people are investing their hard earned money. This is about 7.5 lakh crores of funds from people like you and me. Of this, the equity Mutual Funds are along about 4.5 lakh crores.Here we are giving an open secret for mutual fund back door fees. Here is the not […]Share this post!
Mutual Funds come in two variants – a regular plan and a direct plan. There are 3 reasons why you must consider direct plans. These are lower cost, good support and most importantly zero conflict of interest. #1 Upto 40% More Long-term Savings There is one major difference between direct plans vs regular plans […]Share this post!
Gold is often viewed by different people in different ways. The enthusiasts will always vouch for the purchase of gold saying that its value will never fall, promptly buying physical gold (read ‘Jewellery”). Gold Investment is the one that the lady of the house will invariably support! However, Gold prices have seen far too many […]Share this post!