Most equity investors prefer to invest in domestic equity. Investors feel that they understand the domestic stock market including its risks better. While it is true, investors should also understand that, investing only in domestic equity, exposes them to single country risk, even if the country in question is their home country. Investors...Read More
Gold is considered to be an auspicious investment in many Indian households. Many families purchased Gold in this festive season with many jewellers reporting strong sales after the COVID gloom. The wedding season is now approaching and families will be gifting Gold to newly-wed couples. Apart from auspicious and...Read More
As we approach the final quarter of this financial year, tax planning is one of the most financial activities for all investors. Ideally, tax planning should be done at the beginning of each financial year but if you have not done it yet, you should do your tax planning now to avoid last minute hassles. Section 80C of Income Tax Act 1961...Read More
In India, companies listed on the stock exchanges between 1 – 100th in terms of full market capitalization are called Large Cap companies (Large Cap stocks).Large cap funds are equity mutual fund schemes which have to invest at least 80% of their assets in large cap stocks. Large cap companiesare typically large in...Read More
Section 80C of Income Tax Act 1961 has provisions for tax payers to claim deductions from their taxable income by investing in some eligible schemes. By investing in 80C schemes under the old income tax regime, you can claim deduction equal to investment amount subject to a cap of Rs 150,000. Section...Read More
Multicap mutual funds are diversified equity mutual fund schemes which invest across market cap segments i.e. large cap, midcap and small caps. Multicap funds are among the most diversified among all equity funds because they are not only diversified across industry sectors, but also across market cap segments. Prior to September...Read More
We are in the middle of the festive season and this time of the year, as per Indian cultural tradition, is auspicious for buying Gold. Gold is also seen as an important asset class from an investment viewpoint. Long term growth in Gold value makes it a hedge against inflation. Gold is also a risk diversification...Read More
Banking and PSU Funds are debt mutual fund schemes which invest in debt and money market instruments issued by banks, public sector undertaking (PSU) and public financial institutions (PFI). As per SEBI’s mutual fund classification guidelines, Banking and PSU Funds must invest at least 80% of their...Read More
Contrarian investing is an investment style where the investor goes against the market trend. The market is simply the collection of all investors and the market trend reflects the collective wisdom of the majority of investors. Contrarian investment involves doing the opposite of what the majority of investors are...Read More
SEBI has banned sale of digital gold by brokers in stock exchanges. In a letter to the stock exchanges, the regulator informed the exchanges that trading (buying / selling) of digital gold through online platforms of its members (brokers) is in contravention of Securities Contracts (Regulation) Rules (SCRR), 1957 and that...Read More