The cost of inflation index (CII) for the financial year 2021-22 has been notified by the Ministry of Finance. The ministry has set the Cost Inflation Index FY 202-22 as 317. For the previous FY 2020-21, CII value was 301. The rate of inflation for indexation purposes is specified by the Indian Government for every […]
Mutual Funds
Top 15 Best Mutual Funds 2021 & beyond | Top Performing Equity Funds
The year 2020 has been an year of ups and downs for Indian equity markets, much like a roller coaster. After a catastrophic drop in March 2020 (due to the covid-19 pandemic), the Indian markets have recovered swiftly and are now trading at their life-time highs. The last calendar year has been a real-test of character for the […]
Top 5 Best Tax Saving ELSS Mutual Funds 2021-22
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 […]
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 […]
