An effective way to save tax, as advised by tax consultants, is to form a Hindu Undivided Family. The principle of taxation of Hindu Undivided Family is based on the concept of joint family in India, where the assets...Read More
Midcaps and small cap stocks had a dream run from 2014 to 2017. Top performing small / midcap equity mutual funds gave around 20% annualized returns over the last 3 years. Naturally midcap and small cap mutual funds were the flavors of the...Read More
Section 80C of Income Tax Act allows tax payers to claim deductions from their taxable income (up to Rs 1 Lakh) by investing in certain instruments. However, many tax payers are not aware that, there are other sections of...Read More
Nowadays, conversation of any importance always centers the young generation. It is solely because 60% of the population in India is young guns and they are making a difference to the economy. They are believed to be the major contributors to the...Read More
We have discussed in a previous article, Protect your family with Health Insurance, why health insurance should form a critical component of your financial plan. With rising cost of healthcare and awareness...Read More
Morningstar recently announced the Morningstar India Fund Awards, recognising funds and fund houses that added the most value for investors within the context of their relevant peer group in the past year...Read More
For parents who want to save for their children’s education or marriage, mutual fund is the best investment option. Since children’s education or marriage is a long term financial objective, like retirement...Read More
Foreclosure of a home loan is a wise decision as it helps lower the interest burden and brings down the overall cost of the property to the owner, while preserving the asset value. However, foreclosure of home loan could also be tricky, particularly if...Read More
Infrastructure is said to be the tangible aspects such as roads, railways, transportation, electricity and so on which are indispensible to the day to day functioning of an economy. The state of the infrastructure is...Read More
If you started a monthly SIP of र 5,000 in SBI Small and Midcap Fund 5 years back, your investment value would have been over र 6.31 lacs by May 23, 2016 (Source: Advisorkhoj Research). In other words, you would have made a profit of र 3.3 lacs...Read More