Latest Saving, Investing & Mutual Fund Articles

Section 80C of Income Tax Act 1961 allows investors to claim up to Rs 150,000 deduction from their gross taxable incomes by investing in eligible schemes. You can save up to Rs 46,800 in taxes (for investors in the highest tax bracket) by investing in 80C schemes. Some of the most popular tax saving investments under Section...

Mutual fund systematic investment plan (SIP) is a very popular investment vehicle among retail investors in India. As per AMFI data (February 2021), there are nearly 3.63 crore SIP accounts in India. Nearly 1.25 crore new accounts were added till February 2021 in FY 2020-21 (source: AMFI). Till February year to date (FY 2020-21), total SIP...

Debt mutual funds offer investors a variety of solutions for different types of risk profiles and investment needs. Investors usually have three considerations when investing in debt funds viz. low risk, higher returns compared to traditional investments and visibility of returns. In this blog post, we will discuss "rolling down SDL", a good investment...

Hybrid mutual funds are mutual fund schemes which invest in more than one asset class (e.g. equity, fixed income etc.). Asset allocation is one of the most important portfolio considerations for investors since it enable investors to balance risk and return for achieving their financial goals. While investors can balance their portfolio by...

Balanced Advantage Funds dynamically rebalance their asset allocation between equity and debt based on a dynamic asset allocation model. If equity valuations are low, then dynamic asset allocation model will increase asset allocation to equity and reduce allocation to debt. If equity valuations are high, then the model will reduce allocation...

The stock market staged a big turnaround after the big crash in March of 2020. The market (Sensex / Nifty) is now trading near its all-time high. Many investors may be wondering what do now. Asset allocation helps investors balance risk and returns. Research has shown that asset allocation is one of the most important factors in...

SBI Magnum Multicap Fund has been one of the top performing diversified equity funds. The scheme was launched in 2005 and has delivered north of 12% CAGR returns since inception. This scheme is one of the most popular schemes in the SBI Mutual Fund stable with Rs 10,425 Crores of assets under management (AUM) as on...

The services sector is one of the most important sectors of the Indian economy. The services sector accounts for 56% of the India’s GDP. Services sector is also the fastest growing sector of the Indian economy from the mid-80s onwards. Rising per capita income, growth in social mobility and increasing urbanization has contributed to growth...

SBI Mutual Fund is launching a New Fund Offer (NFO) which will invest in US equities – SBI INTERNATIONAL ACCESS – US EQUITY FOF. The NFO is a fund of fund (FOF) investing in Amundi Funds – US Pioneer Funds.Amundi is one of the leading Asset Management Companies (AMC) of the world with over $2.1 trillion of assets under...

In the Union Budget of 2021, interest on PF contributions (contribution made by the employee) above Rs 2.5 lakhs will be taxable as per the income tax rate of the employee. This has caused concerns among many salaried investors. In this article, we will discuss about who will get affected by this, how they will be impacted and possible...