For salaried employees, the deadline to submit the provisional tax saving investment proofs is fast approaching. Most of the employers collect the documents in January. During this period investors/employees who have not done their tax planning rush to buy life insurance policies or some other tax saving investments. Equity Linked Tax Saving Mutual Fund Scheme […]
Mutual Funds
Changing Indian Investor Perceptions – Local to Global?
ICICI Securities, Motilal Oswal, Zerodha, Kuvera… Be a full-fledged broking house or a discount broker, all are being too ambitious and competing to offer overseas trading facilities at minimal cost. Courtesy to new generation platforms like Vested Finance or interactive brokers, savvy investors are jumping in to tap this opportunity. Let’s rewind back to 2009, […]
Multi-cap Mutual Funds Asset Allocation (NEW) Rules | SEBI’s New Norms
The Mutual funds are broadly classified as Equity based and Debt oriented mutual fund schemes. Equity funds are further classified into different categories like Large-cap, Mid-cap, Small-cap, Multi-cap, ELSS (Tax saving), Balanced funds etc., A Large-cap oriented mutual fund scheme primarily invests (minimum) 85% of its total assets in large-cap company shares. Similarly, as per the […]
My New Mutual Fund Portfolio | My Equity MF Investments
The corona-virus pandemic has thrown most of the global economies into a tailspin and shaken financial markets and investors profoundly. We are witnessing – salary cuts, lay-offs, huge drop in business revenues and professional incomes. These challenging times, reiterate the importance of ‘core financial planning principles‘ – Asset allocation, diversification, re-balancing, living within means, lower exposure to debt (loans/mortgages) etc., This […]
Mutual Funds Taxation Rules FY 2020-21 (AY 2021-22) | 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 Non-Financial Assets. Financial assets are intangible and represent the monetary value of a physical item. Stocks (Shares) […]
Best NPS Funds 2020 | Top Performing NPS Schemes
NPS (National Pension Scheme) is one of the very popular Pension oriented products in India. As on 31st October 2019, NPS has around 1.29 Crore subscribers with total Assets under Management (AUM) of more than Rs. 3.74 lakh crore. NPS was started in 2004 for govt sector employees and which was later opened to all citizens for […]
