What are the Best Mutual Funds for Retirement Planning?
हिंदी में पढ़े Retirement planning involves the process of determining retirement income goals and deciding the necessary means to achieve those goals. The long-term nature of retirement planning makes mutual funds a good fit for meeting retirement income goals. However, tactical plays like sector or thematic funds cannot work because of high volatility risk. The same…
How To Build A Diversified Mutual Fund Portfolio?
Building a diversified mutual fund portfolio requires investing in a set of two or more mutual funds. Generally, wechoose funds on the basis of popular parameters such as our investment objectives, past performance of the funds andexpense ratio etc. However, the returns from your mutual fund portfolio can be further optimized by bringing in some […]
What are Arbitrage Funds – Definition, Advantages, Taxation
Arbitrage Funds are a type of mutual funds that profit from the price differential of the equities in the cash market and derivatives to generate returns. It leverages from volatile markets. Table of Contents : What are Arbitrage Funds? Who should Invest? Benefits Things to be considered before Investing List of Top 10 Arbitrage Funds…
Know How Much Long Term Capital Gains Tax you Will Pay
The beginning of the year is often seen as the tax-saving season for consumers. Salaried individuals are rushing to furnish proofs indicating their investments. Come February, another important aspect every Indian is watching with hopes is the Union Budget. There were several investor expectations from the financial year 2020-21 budget. One of them was doing…
How To Be a Crorepati in 5 or 10 Years?
A bank balance of Rs 1 crore is tempting to any salaried individual or a middle class person. But, the question is how to become a Crorepati? Making Lump sum or SIP investments into Mutual Funds can help in accomplishing the target in just few years. If you want a bank balance of Rs 1…
How many ELSS funds should you have in your MF Portfolio?
IDFC to Acquire Additional Stake in IDFC Mutual Funds
IDFC, one of India’s leading financial services provider, has voiced intentions of increasing its stake in IDFC Mutual Funds AMC by purchasing the 25% stake of Natixis Global Asset Management for an amount equal to Rs. 244.24 crores. This purchase will be carried out through IDFC’s completely owned subsidiary, the IDFC Financial Holding Company. […]
Everything You Need to Know About Tax Saving Mutual Funds
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 Mutual Fund Introduces New Exchange-Traded Fund
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 […]