Buying a house is a major aspiration for most families. Enticed with the idea of owning a house and seeing their assets rapidly appreciate in value, countless Indians have invested a large part of their savings in real estate. Many cities and suburbs have...Read More
Equity Linked Saving Schemes (ELSS) is one of the most popular investments allowed under Section 80C, since the investors can avail double benefits of tax savings and capital appreciation. An ELSS is a diversified equity scheme with a...Read More
Balanced Funds have been around in Indian Mutual Industry for nearly 25 years now. Balanced funds are essentially hybrid funds with both debt and equity in its portfolio to balance the risk. The Balanced fund portfolios typically hold up to 65-70% of its...Read More
With the onset of volatility in the stock market earlier this year, dynamic asset allocation hybrid funds are in flavor with investors. As part of SEBI’s mutual fund re-classification initiative, dynamic asset allocation funds or balanced advantage...Read More
We know that equities give the highest long term returns among all asset classes. We also know that there is risk associated with equity investment, which implies that there is no certainty of returns or even the...Read More
SBI Magnum Monthly Income Plan balances the need for capital safety with inflation beating returns. The fund achieves the balance by investing around 85% of its portfolio corpus in debt and money market, and around 15% in equity market. The fund has...Read More
In volatile market conditions, blue chip funds are always a wise bet because their portfolio mix limits downside risks in such conditions. ICICI Prudential Focused Bluechip Equity fund is a clear chart topper in its...Read More
Section 80C of Income Tax Act 1961 allows investors to claim deductions from their taxable income by investing in certain eligible investment schemes. The amount of money invested in the schemes eligible u/s 80C can be claimed as deduction...Read More
Many of our advisor friends requested us to do this article just because the markets have been scaling new highs almost daily during the last 7 – 10 days. The Sensex closed at 23871.23 after hitting the all time...Read More
It is already the sixth month of the year and third month of the financial year. This might be the right time to reflect upon all that is going right and not so right. The word budget is not just official government...Read More