Latest Saving, Investing & Mutual Fund Articles

Mutual fund Equity Linked Savings Schemes (ELSS) is the best tax saving investment option under Section 80C of income tax. You can claim up to Rs 1.5 Lakhs of deduction from your gross taxable income by investing an equal amount...

Exchange Traded Funds (ETFs) are among the most popular investment options globally, especially in the developed markets. Investor’s interest in ETF is growing in India – assets under management (AUM) in ETFs grew by nearly...

The last 1 year was a volatile period for the stock market. Though the Nifty is around 300 points or 3% higher on a year on year basis (as on February 13, 2019), the 52 week high and low ranged from 11,760 to 9,950 (deviation of nearly 20%)...

Bank term deposits or fixed deposits (FDs) are default investment choices for most retail investors in our country. They assure safety of invested amount and fixed rate of return. However, if investors are ready to forgo...

One of the things that suddenly became very popular on social media come the start of the New Year, was the #Ten Year Challenge. Great pictures and stories of how companies have progressed, how careers have changed, and of...

If you like to research different mutual funds before investing or are generally interested in mutual fund research, you may have come across a new equity fund category, Large and Midcap Equity Funds. This new category came...

Aggressive hybrid funds are equity oriented hybrid mutual fund schemes which were earlier known as balanced funds. The schemes are mandated by SEBI to allocate 65% (minimum) to 80% of their portfolio to equity and equity related...

When planning our asset allocations, we usually think about equity and fixed income for our different investment needs. Equity investments are made over long investment tenures (usually 5 years or longer) and primarily for the...

After several rounds of volatility during 2018, the stock market stabilized towards the end of the year. However, near term risks remain, among which political risk will be the biggest worrying factor weighing on the market before the Lok Sabha...

SBI Magnum Taxgain Scheme 1993 is one of the oldest mutual fund Equity Linked Savings Schemes (ELSS). Section 80C of Income Tax Act 1961 allows taxpayers to claim deduction equal to their investment in ELSS, from the taxable incomes...