We are all aware of the fact that ‘mutual funds are subject to various market risks‘. This is because there is no way to predict what will happen in the future (or) whether a given asset will increase or decrease in value. Because the market cannot be accurately predicted or completely controlled, no investment is 100% risk-free. As a mutual […]
Mutual Funds
Top 15 Best Mutual Funds to invest in 2020 & beyond | Top Performing Equity Funds
In India mutual fund industry’s asset under management (AUM) has been growing at a rapid pace. The total AUM has reached around Rs 25.50 lakh crore in August 2019. The asset under management of Debt, Equity and Hybrid schemes at the end of August 2019 stood at Rs 13.22 lakh crore, Rs 7.16 lakh crore […]
Liquid Mutual Funds New Exit Load Structure w.e.f Oct 2019
The Securities and Exchange Board of India (SEBI) has formalized a graded exit load structure on Liquid Mutual Funds. It has also stated that the load structure will be reviewed annually by AMFI, in consultation with SEBI. As of now, exit load is not applicable on Liquid mutual fund redemptions. What is an Exit Load in Mutual […]
Top 5 Best ELSS Mutual Funds 2020 | Tax Saving Equity Mutual Fund Schemes
For salaried employees, the deadline to submit the provisional tax saving investment proofs is fast approaching. Most of the employers collect the documents in the month of January. During this period investors/employees who have not commenced their tax planning generally rush to buy life insurance policies or some other tax saving investments. There is one […]
RBI’s statistical data on Indian Household Investments & Savings (2018-19) | How & Where do we save & invest?
The Reserve Bank of India (RBI) has released the latest volume of its annual statistical publication, ‘Handbook of Statistics on the Indian Economy – 2019′ on 15th Sep, 2019. Through this publication, the Reserve Bank has been providing time series data on various Economic and Financial indicators for the Indian economy. You can find lot […]
Cost Inflation Index FY 2019-20 / AY 2020-21
The cost of inflation index (CII) for the financial year 2019-20 has been notified by the Ministry of Finance. The ministry has set the Cost Inflation Index FY 2019-20 as 289. For the previous FY 2018-19, CII was 280. The rate of inflation for indexation purposes have been specified by the Indian Government for every […]