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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
Exchange Traded Funds (ETFs) are among the most popular investment options globally, especially in the developed markets. Investor’s interest in ETF is growing in India – assets under management (AUM) in ETFs grew by nearly...Read More
The last 1 year was a volatile period for the stock market. Though the Nifty is around 300 points or 3% higher on a year on year basis (as on February 13, 2019), the 52 week high and low ranged from 11,760 to 9,950 (deviation of nearly 20%)...Read More
Bank term deposits or fixed deposits (FDs) are default investment choices for most retail investors in our country. They assure safety of invested amount and fixed rate of return. However, if investors are ready to forgo...Read More
One of the things that suddenly became very popular on social media come the start of the New Year, was the #Ten Year Challenge. Great pictures and stories of how companies have progressed, how careers have changed, and of...Read More