Author: admin
-
Mutual Funds Taxation
Taxes has always raised eyebrows of peoples and are more concerned about reducing its impact. Taxation on investment reduces the net impact of return on investment. This post discusses mutual funds taxation in detail with focus on Equity Funds Taxation, Debt Funds Taxation, SIP Taxation, Balanced Funds Taxation, Index Funds Taxation , Mutual Fund Dividend…
-
Post Office Sukanya Samriddhi Yojana (SSY): Scheme Details, How to open An Account
Sukanya Samriddhi Yojana is a govt scheme for the girl Child however very few people know that sukanya samriddhi account can be opened in post office as well. We discus about Post office Sukanya Samriddhi Yojana Scheme Details, how to open an account and tax benefits in this blog. Gender discrimination is one of the…
-
National Pension scheme (NPS) Calculator
National Pension is one of the popular tax-saving schemes. In this post we look at various NPS Calculator and how NPS calculators work. National Pension scheme calculator works on the below few factors: Age Amount of contribution made Rate of return as prescribed by government for that given period of time. So we will discuss…
-
Best MIP Mutual fund to invest in 2017 – Best Investment plans for monthly Income
Monthly Income Plan or MIP as the name suggest is an investment strategy in which major part of the capital is invested in debt fund&money market instrument ( around 70-80%) to generate interest income which is given to investors in form of dividend and rest is invested in equity stocks (15-30%). MIPs are subject to…
-
ELSS vs SIP : Difference between ELSS and SIP
SIP is a way to invest into ELSS or other mutual funds in a recurring way. In this post we look at various aspects of investing into ELSS via SIP mode. A systematic investment plan (SIP) is a small and easy method to invest one’s money in mutual fund schemes. SIP is very much similar to recurring…
-
Fixed Deposit Interest Rates – All You Need To Know
Fixed deposit comes first to the mind, when we are talking about reliable and safe investment options. In India, fixed deposits have been a favorite of the investors due to reliability of the return and the fact that it can be easily opened in any bank or post office and provides better returns than savings…
-
ELSS vs RGESS: A Comprehensive Guide
Equity Linked Savings Scheme (ELSS) Equity Linked Savings Scheme (ELSS) is an open-ended equity mutual fund plan. Explaining ELSS in simple words would be that it is an investment alternative in the equity market which has its mainstream of the corpus invested in the Equity block in its portfolio. At the outset, ELSS is a category of…
-
Available ELSS Options and ELSS Plans for investors
Equity Link Savings Scheme is a kind of equity mutual fund that qualifies for tax exemption under section 80C of Income Tax. This post discusses various ELSS options that investors have for investing. ELSS has the lock-in period of 3 years which is lowest among other options available like PPF or tax saving fixed deposit…
-
Understanding ELSS lock in period for various schemes
Equity link schemes are mutual fund schemes that qualify for tax saving investment under the limit of Rs.1.5 Lakh under section 80 C of Income tax and is considered as one of the best ways to utilise their investment limit by not only saving tax but also through achieving their financial goals. This blog looks…
-
Best Balanced Mutual Funds for SIP to Invest in India 2017
Risk is the main quotient in Investment World. A favorable risk-reward balance attracts most of the investment from the public. As investing in large cap, Midcap, small cap, multi-cap has different degrees of risk involved in it, people tend to give a second thought before investing. Investing in Balanced funds reduces the risk of downside…