Good housekeeping is one area that could bring immense value to the investor. The number of financial products held by an investor these days is getting unwieldy. Documentation, preservation, operational...Read More
Mutual Funds which stand the test of the time and deliver strong returns across different market cycles become favourites with investors. SBI Magnum Multiplier fund launched in 1993 is one such fund. In the last few years, the fund...Read More
The very word "social" brings to one’s mind the web of societal relations that comprises our society. The word "media" brings to one’s mind the medium through which we can reach out to the masses. Hence, the...Read More
Section 80C of Income Tax Act allows tax payers to claim deductions from their taxable income by investing in certain instruments. The investment limit eligible for tax deduction in Section 80C has been increased to र 150,000 from...Read More
Blue chip stocks are very large corporations with strong nationwide or even global reputations. Based on market capitalization, they are the largest of the large cap stocks. A blue chip fund invests primarily in blue chip stocks. As per SEBI’s categorization of mutual fund schemes, blue chip funds are large cap funds...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 profit made by a company from its operations is known as the operating profit or in accounting terms, EBITDA (Earnings before Interest, Depreciation and Amortization). From EBITDA, the company pays interest to its lenders. Depreciation and amortization, which are non-cash items, are also deducted from...Read More
The thought of risk is not something we all want to risk. Security is what our lives should be aimed at. As secure job, secure life, secure investments. So when you hear your friend getting great returns on a Mutual...Read More
If you have been investing in equity markets for a long time, both directly in equity shares of companies and through mutual funds, take a look at your portfolio of stocks and mutual fund schemes and ask yourself the question, which portfolio has given...Read More
For those you in your twenties, you are feeling this is the best time of your lives. You are absolutely right. Gone are the days of financial dependence on your parents, you have chosen a career for yourself, some...Read More