What are Equity Linked Saving Schemes (ELSS) Mutual Funds? An Equity Linked Saving Scheme is a type of equity mutual fund in which one can invest money and qualify for a tax deduction up to Rs. 1,50,000 under Section 80C…
While planning your investments there are few questions you must answer one of which is whether you must go for a fee-only advisor or a fee-based advisor? However similar these questions may seem, they hold quite a different meaning and…
People smartly invest a portion of their savings into Equity Linked Saving Scheme (ELSS) to reap the benefits of a tax deduction under Section 80C of the Income Tax Act, 1961. The maximum deduction one can claim under Section 80C…
For quite some time, investors have been dreaded by the effects of inflation on their investments. Inflation is one of the biggest threats to the health of your investment portfolio. It is like cancer which keeps eating your earned profits…
We’ve all been there, unsure of our finances, worried about how to manage our money and plan for the future. The world runs on money and our lives revolve around it, and despite that, there is a severe lack of…
Is your money lying idle in your bank accounts? Have you still not been able to chalk out a strategy to deal with your surplus money? While most of us think that we have already parked our liquid money safely…
The basic fundamental of investing lies in selling high and buying cheap. Easier said than done, volatile markets and changing market trends do not let this happen easily. Plus, constantly timing the market is even tough. With so many constraints…
Financial freedom is one thing people associate with non-working individuals. For the ones who are working, it is presumed that they are financially independent. Or only once you get retired, you will become financially free; this is one of the…
Goal setting is an integral part of building up wealth and setting finances in the right direction. Likewise in your profession or any important task you do, setting goals brings clarity and measurability to the task. Once you have your…
Like so many other favorites in life, mutual funds are also confusing to choose from. With more than 300 different options available, picking up 5 to 7 best funds is like finding a rice grain in the wheat sack. To…
