Prudent and timely tax planning Tax planning is an essential exercise on how we span out our investments and expenditure as per certain sections in the Income tax act that entail tax saving over the entire tax season. If done prudently, we can reduce our overall taxable income and save considerable income tax. It makes...
As India gears up to become a global powerhouse in the coming years, one of the key components of this growth will be the performance of its mutual funds industry. In order to ensure that it continues to lead the pack, a top mutual fund company in India will be essential. In this article, we...
One of the key facets of robust financial planning is to account for an emergency fund which in other words is equivalent to keeping some provisions in case of any unexpected occurrence such as natural calamity, issues related to personal health, or that closed ones, household bills, etc to name a few. This type of...
Thematic Funds are open-ended equity funds that invest in assets connected with a particular investment subject, such as pharmaceuticals, real estate, or technology. When it comes to constructing their portfolios, many mutual funds employ a variety of techniques and methodologies. A method like themed investing is one example of this. By acquiring securities on a...
Indexation is critical in determining the gain or loss on your investment. Indexation decreases your overall tax obligation by adjusting the acquisition price of the underlying asset or investment. You will realise greater gains because you can adjust them for inflation at the time of selling. Let us have a look at every aspect in...
Detoxing your investment portfolio refers to the process of weeding out those investments whose presence could damage the overall returns and affect the achievement of financial goals.
As the world is changing rapidly, financial mechanisms are also evolving. Simply saving your money is not enough to ensure financial security. Also, the saved amount does not have the potential to beat inflation.
SIP stands for “Systematic Investment Plan.” It is a long-term investment strategy that involves putting a small but considerate amount of money in your mutual fund.
These recent years have been challenging for the entire world. As the pandemic continues, people worldwide are dealing with financial anxiety, stress, and uncertainty.
