In the previous two articles in the tax planning series, we had explored investment options allowed under Section 80C, as permissible deductions from taxable income to determine tax obligation for the taxpayer...Read More
Unlike the old days, in the modern times there are many an occasions when your teenager child may need to travel without the parents. Inter-school or inter-college competitions, trekking on the hills, education summits, youth conferences or simply...Read More
When picking a mutual fund for your investment, consistent performance should be one of the most important selection criteria...Read More
This is either a rookie mistake on part of the investor or deliberate mis-selling by the distributor or financial adviser. Par value of a mutual fund unit is meaningless, because the unit by itself has no value...Read More
SBI Large & Midcap Fund has completed 30 years. If you had invested Rs 1 lakh in SBI Large and Midcap Fund (erstwhile SBI Magnum Multiplier Fund) at the time of its inception in February 1993, your investment would have grown to Rs 58 lakhs (as on 27th March 2023). Rs 10,000 monthly SIP in the scheme over the last 20...Read More
The mutual funds are allocating a higher portion of their assets under management (AUM) to stocks in banking and finance sectors. As per the data published by the Securities and Exchange Board of India...Read More
Axis growth opportunities fund has been one of the best-performing large- and mid-cap funds in the last 1 year. The scheme was launched nearly 5 years back, and its performance since inception is stellar. If you invested Rs 1 lakh in the scheme at its inception / NFO in October 2018, your investment...Read More
The 20s are the most exciting decade of your life, but it helps if they are tinged with responsible fiscal behaviour. Most people who are about to graduate from college can barely contain their excitement. They are in the first years of the swinging...Read More
Value investing is the strategy of investing in undervalued stocks. Generally, the current market price of a stock is compared with its intrinsic value to decide whether it is under-valued or overvalued. If the...Read More
I read a quote once which stayed on with me and even now inspires me to travel. It said, ‘The world is a book and those who do not travel read only a page’. Inspiring and motivating, the quote combined my passion for reading and travelling in one and...Read More