Even though “sharing is caring”, most of us prefer to share less with the tax man and add to our overall savings. The government allows taxpayers to legally save a portion of their taxable income up to a limit of Rs. 1.5 lakhs annually under Section 80C by investing in different financial products such as […]
Edelweiss Asset Management Limited (EAML) has introduced a new exchange-traded fund (ETF) named Edelweiss ETF – Nifty Quality 30. This ETF comprises 30 separate stocks from the Nifty Index, which were selected based upon quality scores provided by IISL (India Index Services & Products Limited). The ETF-Nifty Quality 30 is a unique open-ended fund, which […]
Table of Contents : What is Consolidated Account Statement? How to Generate a Consolidated Mutual Fund Statement Online? Benefits of CAS Summary of Consolidated Account List of Mutual Funds to Invest in 2020 A Consolidated Account Statement (CAS) is a statement showing details regarding all the mutual fund holdings across fund houses of…
In matters of savings and investments, an individual’s first priority is usually investments designed to bring about tax savings. While there are various tax savings options available out there under section 80C of the Income Tax Act, equity-linked savings schemes (ELSS) have emerged as one of the most popular options. ELSS is a tax-saving mutual […]
Table of Contents : What are Index Funds? 5 Best Index Funds to Invest Advantages of Investing in Index Funds How to Invest in Index Funds? FAQs Index funds are known to replicate the performance of an index in terms of returns at a minimal cost. These funds are also known as passive funds as…
Mutual Funds are an excellent way of investing for a child’s future. They can help pay for a child’s education, wedding, lifestyle choices, and even home purchase, depending on the returns you get. In this article, we explain how to invest in mutual funds for a child/minor. What are the Best Mutual Funds for Children?…
Both Balanced Funds and Balanced Advantage Funds are categorised under Hybrid Funds. The difference is that Balanced Hybrid Funds invest in equity as well as debt in a balanced ratio whereas Balanced Advantage Funds shifts the corpus between debt securities and equities as per the prevailing market circumstances and hence, are also called Dynamic Asset…
Diwali is just around the corner and the festive mood is in the air. To a lot of people, Diwali means shopping. While some people spend hours getting the perfect clothes, others get their homes renovated, select gifts or get their routine shopping done. For instance, let’s assume that you spend Rs. 3 lakh in…
