There are a lot of options to invest your money in India. Mutual funds, however, are considered one of the best and highest yielding long-term investment plan. In simple terms, Mutual Funds can be described as a basket of securities in which a pool of investors with common financial goals invests their money. These investments are diversified in different sectors like shares, debt securities, and money market securities or all combined. Mutual funds regulated by
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ELSS wiki is a post to put together all the resources at one place regarding ELSS (Equity link saving scheme). This ELSS wiki page will be covering different resources on ELSS as outlined below.
- What is ELSS
- How to invest in ELSS
- Advantages and Benefits of ELSS
- Top Fund houses offering ELSS schemes
- Top ELSS schemes
- ELSS versus other investment options
- Frequently asked questions on ELSS
What is ELSS
ELSS means equity-linked stock schemes which are essentially diversified mutual funds who provide tax
Full form of ELSS is Equity linked saving schemes. ELSS schemes are basically diversified mutual fund schemes which enjoy tax benefits under section 80C of Income tax. They are a great savings instrument to grow your money faster than fixed deposits and PFs.
These schemes are called Equity linked as the mutual fund schemes invest in majority equities most of the ELSS( Equity linked saving schemes ) are diversified mutual fund schemes which mean they invest
Insurance is derived from french word ensure which means to make something certain or safe. Ensureur in turn is driven from assureur. Insurance as financial products have been developed to provide safety against damage, loss or property or life for individuals, assets, businesses etc.
What is Life Insurance
Life insurance is a financial product created to protect against untimely loss of life. In a typical life insurance policy the insurance companies insurance
Do you want to withdraw PF corpus and don’t know where to start? Fortunately, you have come to the right place. We understand that PF withdrawal process is hectic and complicated for most retired people. Because they don’t have a clue about the essential details and forms.
Don’t worry; we have devised this guide especially for you. Here, we will explain essential methods for PF withdrawal. By following these methods, you will
There are around 1500+ mutual funds and about 15+ different types of funds available in Indian market today and the list keeps on increasing every day with new schemes getting launched and new players entering the market, Currently, India has about 44 different fund houses offering different types of mutual funds. With so many options it has become increasingly difficult for retail investors to chose the right fund.
In last few years,some of the influential rating agencies
Retirement starts with a vision and comes together with a great plan, there are two ways you can plan your retirement, one is what Dilbert suggests, but if you still think you need an alternate plan go ahead and read the post.
- Start Early,Save more now
Lot of time customers ask me when
What is an Emergency Fund
When you create a financial plan for yourself, you try to create a plan which will suffice for all scenarios which means how so ever external circumstances, you are able to respond to situations and are not forced into any sort of financial crisis, For any good financial plan emergency funds is and essential and a foremost component.
As the year passes, the due date for return filling i.e. July’31 is approaching speedily; it is thetime of year again where the country’s taxpayers scramble for filling the I-T returns. Everyone rushes to chartered accountants for filing returns. After all, the filing of tax return is compulsory for everyone whose gross total income exceeds the basic exemption limit.
Here are few steps to be adhered
“To live within our means” is what I’m trying to breakthrough here. I know, you know that human wants are ever increasing. Don’t you wish there were many, many ways to make more money than you already do? Thank me for compiling this list of second jobs to help you earn some extras over the weekend.
- Craigslist them all: Do you realize that everything that you think of as a useless pile on can be a treasure for