Why ELSS tax saving mutual funds are suitable for long term financial goals

Tax planning is usually done during the last three months of the financial season. Nevertheless, it is good if you plan it during the beginning of the financial year and avoid the rush of last-minute tax savings. Several options qualify for a deduction u/s 80C of the income tax act. One such option is the … Read more

How are Capital Gains Taxed on Mutual Fund on Redemption

For taxation purposes, we can divide the mutual fund into two categories; Equity and Debt. Tax on Mutual Funds such as fund of funds is treated as a debt fund even if the underlying instrument is investing in equity-related instruments. Tax on Debt Mutual funds withdrawal comes with indexation benefits when held for a duration … Read more

How diversification with the help of equity and debt mutual funds is important in times of volatility

The sharp fall in equity markets during the onset of Covid in March last year in 2020 was a wake-up call for investors to diversify their investments across sectors, assets and market caps. As the adage goes about not putting all your eggs in the same basket, if you invest your entire money in stocks … Read more

All about Mutual Funds – How does Mutual Fund work

Investors are looking for avenues that help them grow their money and achieve their financial goals. Investing in stock markets is one such avenue that can help investors grow their money over the long term. But investing in the stock market may not be easy for the first-time investor. Mutual Fund investments on the other … Read more

Redemption should not be tied with Markets Performance

Markets index may continue with their flows; as a long term investor you should not worry about day to day market levels at all. A very simple and clear advice is to remain invested till the time your financial goal is not achieved. Always remember that the decision of redemption should be connected to your … Read more

Top 5 Checks While Comparing Mutual Funds

It’s a challenge to choose a mutual fund scheme! The number of mutual fund schemes available in the market would drive any investor insane to zero down on a mutual fund of his/her choice. There is an endless list of checks necessary to be done before arriving at the one mutual fund scheme that meets … Read more