What when you follow crowd while making investment decisions? There was some debate going on in a television about investment decisions. The most common reason mentioned was taking multiple pictures following the same theme of a recent winning movie.
How to invest in mutual funds after you retire mutual funds after you retire are looking to invest in mutual funds these days. According to mutual fund companies and intermediaries, it is a testimony to the popularity of mutual funds. However, retirees should be a little careful and do their homework before getting into mutual […]
Mutual funds have multiple tax advantages over bank fixed deposits A lot readers don’t really understand how mutual funds attract tax advantages with less taxation, so here’s a detailed explanation of the entire mechanism. In three years, falling interest rates have knocked off around 40% from the annual income that a FD would yield. That’s […]
Save tax in FY 2017-18 with 6 investments with tax free income While investing in a tax saving instrument or for that matter any investment, it’s important to keep an eye on the taxability of its income. If the income earned is taxable, the scope to build wealth over long term gets constrained as taxes […]
Start Investment smartly in the New Financial Year naturally a question can comes in your mind that , “Why Investment smartly in new Financial year?” Well, rather than doing only tax planning in the last moment, its better to plan your investments from the beginning, so that it also takes care of your tax planning. […]
Misconception about Mutual Fund There are few myths and misconceptions associated with investing in mutual fund schemes. Some of these notions have faded over time, as investor awareness has increased but some continue to hold strong. It is imperative to dispel these myths as investments should not be made under wrong impressions. It can throw […]
Waiting for last minute investments to save tax ? Here is the ending of financial year month of March where you can take your worst financial mistakes as investors rush to make tax saving investments. ELSS funds are top of the ranking of best tax saving options earlier this year. However, though financial planners recommend […]