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.
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 into ELSS lock in period for the
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 to the fund to some extent as it has a good composition of Fixed income securities and equity. The fund’s
Diversification of a portfolio is a method of minimising losses and increasing prospect for future growth. Diversified equity Mutual Fund is also of same nature (Less volatility than Mid cap and small cap funds and High Return). It invests across companies, sector of different market capitalisation. Investing in the large cap is considered to be a low-risk and high return investment as it invests in the proven business model and good companies whereas investing in
ATAL PENSION YOJANA (APY) is a scheme provided by Indian government to help the weaker section (unorganised section) to enjoy the retirement benefits and pension schemes. It’s always very difficult for the weaker section to meet their needs and thus to help the weaker section to save and help to sustain during their retirement age, the government introduced APY scheme with lower contribution rate and better return. This post provides an overview of
Small cap and Mid cap funds are known for their good stead of returns over a long term period. The real value unlocking happens in the small and mid-cap sector. It involves risk and patience for the fund to grow as against large cap which is known for their less risk and growth strategy. As the economy and companies grow over time, a well-managed small company with strong business model converts itself into a big
There is always a dilemma when you have surplus money. Whether to invest a lump-sum amount in bank fixed deposit or to some other instrument that gives more return than FD with the same amount of risk. This post will cover Debt Fund vs Fixed deposit in detail and hopefully, help you understand caveats of the same.
In India, fixed deposits are considered
Investing in markets through mutual funds is best way to get in. They offer the scale, experience and professionalism in managing the portfolio. To begin with, we will discuss about the best large cap mutual funds a investor can choose to start with.
Large cap funds invest in stocks of the companies of large market capitalization. Large cap funds are known for stable returns and ability to minimise the downside risk during volatile market conditions. Here
RGESS is an acronym for Rajiv Gandhi Equity saving scheme. RGESS is a tax saving scheme started by the government of India in 2012. A key aim of the scheme was to provide incentives to first-time investors in capital markets. The scheme as such provides tax incentives for first-time investments in capital markets.
Below are the key eligibility criteria for investing in RGESS
Mutual funds vs ETFs is a debate going all over the world especially in the United States. In this post, we have a look at mutual fund vs etf performance, performance and how to chose one over the other.
In last few years actively managed mutual funds have not been able to outperform passive index funds. This has called into question high fee mutual funds charge. Current mutual fund fee in United states is about 1