If you had invested र 10 Lacs in SBI Magnum Global Fund - Regular Plan - Growth, 11 years back (date June 30, 2005) and started withdrawing र 8,000 per month after one year then the current value of your investment would have been र 46.19 Lacs even...Read More
Consistent performance, in our view, should be most important selection criterion for mutual funds. While consistent performance is important for all categories of mutual funds, it is especially significant for long term debt funds (or income funds). This is...Read More
If you had invested Rs 1 lakh in Nippon India Small Cap Fund at the time of its inception (September 2010), the value of your investment would have grown to nearly Rs 6.6 lakhs (as on 21st May 2021). The CAGR returns of this scheme since inception is 19.3%. If you had invested with a monthly SIP of Rs 10,000 in this scheme the value of...Read More
If you had invested र 10 Lacs in the NFO of Sundaram Select Midcap - Growth, 14 years back (launch date July 31, 2002) and started withdrawing र 8,000 per month after one year then the current value of your investment would have been र 2.96...Read More
Equity Linked Savings Scheme (ELSS) is one of the most popular tax saving investments under section 80C of the Income Tax Act 1961. By investing in ELSS, the investors can avail three benefits - Tax savings, capital appreciation and tax...Read More
Benjamin Franklin, one of the founding fathers of United States of America, in his 1789 letter, shortly after the establishment of the US constitution, wrote that, “in this world nothing can be said to be certain, except death and taxes”. Tax is one of...Read More
LIC Mutual Fund Unit Linked Insurance Scheme is an investment cum insurance product, which offers investments in equity oriented hybrid asset class along with life insurance cover. Launched in 1989, the Unit Linked Insurance Scheme is one...Read More
FY 2017 was a good year for equity investors; the Nifty gave over 18% returns in the last one year and 12% returns in the last three months. The January to March quarter was stellar not just for the Indian equity market, but stock markets around the world...Read More
Whole Life plan provides life insurance cover for the entire life of a person or 100 years, which is less. Unlike fixed term plans or endowment policies, whole life insurance policies provide financial security throughout...Read More
If you had started a monthly Systematic Investment Plan of र 10,000 in Reliance Tax Saver Fund 10 years back, by now you would have accumulated a corpus of nearly र 28.51 Lakhs with a cumulative investment of just र 12 lacs. In fact Reliance Tax Saver...Read More