Mutual Funds are the best tools for long term wealth creation. We have thousands of mutual fund schemes to choose from. But, the challenge is to identify the right and top performing mutual funds that can help you in achieving your Financial Goals.Thanks to SEBI’s Continue Reading.....
Why your Best Mutual Fund Schemes may not remain as ‘the best’? | Categorization & Rationalization of MFs
We always want the best in our lives and we always like to give the best to our beloved ones. It is applicable to personal life as well as personal finances.We would like to invest in the best mutual fund schemes, best real estate property, best bank fixed deposit, Continue Reading.....
Top 5 Best ELSS Mutual Fund Schemes for Tax saving & Wealth Creation
ELSS or Equity Linked Savings Scheme of Mutual Funds are one of the best tax saving cum long-term wealth creation investment tools. Your investments in ELSS schemes are eligible for income tax deduction under Section 80c.Tax saving is one of the most important Continue Reading.....
How to check Mutual Funds – Aadhaar Linking Status online?
As per the recent amendments to Prevention of Money Laundering Act (PMLA) Rules, 2017, Financial Institutions like Mutual Funds are mandated to obtain Aadhaar Number from their customers and link the same to the respective accounts / Folios.The last date to link Continue Reading.....
Mutual Funds Capital Gains Taxation Rules FY 2018-19 (AY 2019-20) | Capital Gains Tax Rates Chart
Capital asset typically refers to anything that you own for personal or investment purposes. It includes all kinds of property; movable or immovable, tangible or intangible, fixed or circulating.Capital assets are further classified as Financial Assets and Continue Reading.....
Mutual Funds Vs ULIPs – Which is better? | Post Budget (2018) LTCG Tax proposal on Equity Mutual Funds & Shares
The debate of Mutual Funds vs ULIPs has started again after the introduction of Long Term Capital Gains Tax on equity mutual funds and stocks in Budget 2018. Many investors want to know which one is a better investment option for long-term – Is it Equity mutual Continue Reading.....
Budget 2018 LTCG Tax on Equity Mutual Funds & Important Implications
Budget 2018 has re-introduced the long-term capital gain tax on equity shares and equity mutual funds. Almost all financial blogs and portals has published at least one article on this topic (including relakhs.com).This Budget 2018 LTCG Tax proposal will be Continue Reading.....
10% LTCG Tax on sale of Stocks/Equity Mutual Funds | Budget 2018-19 Proposal
"Long Term Capital Gains on Equities will now be taxed at 10%." This is the major news that is now making headlines across all media platforms. Thanks to the latest proposal made in Budget 2018-19.So, henceforth an investor of Stocks or Equity mutual funds has to Continue Reading.....
What is Portfolio Tracking and Why Should I do it?
If you frequent personal finance websites like Relakhs, you are probably familiar with the concept of mutual funds, and have probably invested in them. If you're not a mutual fund investor, you still probably have heard of mutual funds, thanks to the AMFI's (Association Continue Reading.....
Why Dividends in Direct plans & Regular Plans of MF Schemes can be different? Do regular Plans pay more dividend?
When you are investing in a mutual fund scheme, you primarily get to see four different options to choose form ; An MF Scheme has Regular & Direct plan versions and also growth & dividend options.Under growth option, you will not receive any returns in the Continue Reading.....