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
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
With FY 2013 – 2014 drawing to a close, the focus will now shift to FY 2014 – 2015. In FY 2013 – 2014 majority of retail investors stayed away from equity markets. Most of the retail investors, who did...Read More
Some investors may think that, since mutual funds invest in stocks, they are better off investing in stocks directly through a broker instead of investing in mutual funds. Some people cite fund expense ratios and lack of control over the investments as key...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
Rapid advancements in technology are transforming industries and people’s lives around the world. Technology in the conventional sense has been used to automate manual processes and improve productivity. However, development in information technology in the last 20 years or so, particularly artificial intelligence (AI) and...Read More
In our previous article, Consistent Performers: Top 10 consistent performers in equity funds Part 1, we had discussed about the top 10 consistent performers among equity funds, as per the recent CRISIL ranking...Read More
Investing is not just about investing your saved up money and then forgetting about it. It is a means of generating a second source of income. Just the way you work hard to generate your primary income, at the initial stage even investing will...Read More
Lots of people choose the profession of an insurance advisor. Some people treat selling insurance as a part time vocation, while others choose it as a full time career. Irrespective of part time or full time nature...Read More
Bank of India Flexi Cap Fund is the best performing Flex cap fund in the last 1 year. The fund has maintained its position among the top 3 funds in terms of last 3-year returns. It is a remarkable achievement for a fund that was launched just around 4 years back in June 2020. If you...Read More