All these years, SEBI/AMFI has been allowing multiple funds under same fund categories from same AMCs, in order to bring the desired uniformity across mutual funds and to standardize the various MF scheme categories, the SEBI through Mutual Fund Advisory Committee has issued new guidelines on ‘new Categorization of Mutual Fund Schemes.’ To meet these new […]
Mutual Funds
Best Mutual Funds 2018-19 | Top Equity Funds post SEBI’s Reclassification
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 new norms regarding Mutual Fund classification, this number will […]
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, safest investment option, best Demat […]
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 investment objectives of many investors. In the next few days, the current […]
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 Aadhaar to Mutual funds is 31-March-2018 (as of now). I am sure […]
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 Non-Financial Assets. Financial assets are intangible and represent the monetary value of a physical item. Stocks (Shares) […]
