This question that is most often you may hear during a Tax saving season. Where should i invest for Tax saving — ELSS or NPS? ELSS or NPS An ELSS which stands for Equity linked saving scheme, which is a diversified equity fund that invests in equity market across the market size, and along with … Read moreNPS or ELSS — Which one is better?
Reports indicates that inflow into equity mutual funds, which saw surge in investors throughout past couple of years, because of rising stock indices have dropped for the third consecutive month in Jan 2019. Equity funds inflow, including Tax saving- funds, stood in a two year low of Rs.6158 crores in Jan. While volatility along with … Read moreInvesting in Mutual funds? Avoid these common mistakes
Within the next month or so, salaried employees will be asked for Tax proof of investments. In case you haven’t made any investment however, there’s still some time left on your bucket. It’s much better to act ahead of this deadline as one tends to make mistakes when undertaking tasks in a rush at the … Read moreTax Saving Investments: 5 Do’s and Don’ts for this Tax Season
Investors think of the Public Provident Fund as an old, reliable and assured return option. It is an illusion as you are losing out on a large chunk of money which could be made if you invested through Equity (nearly 21 lakhs). Let us explain how: If you have been investing in PPF and plan … Read moreChoose ELSS over PPF – Here’s Why!
In India, inflow of domestic investors money in equity (Mutual Fund) has been increasing significantly over the past few decades. For those still in woods, a mutual fund is a professionally managed investment scheme run by an asset management firm that accumulates people’s money and invest them in stocks, bonds and other securities. You can … Read moreIndex Funds Might Be a Better Choice for the New Investor