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The Indian Mutual Fund industry comprises of 43 Asset Management Companies that offer over 2,000 Mutual Fund Schemes. The average Assets Under Management (AUM) of the Indian Mutual Fund Industry stands at over Rs. 24,00,000 crore. This industry has seen…
Advance Tax, as the name suggests allows taxpayers to pay their income taxes before the end of the financial year. Individuals with a tax liability greater that Rs. 10,000 can avail the Advance Tax payment facility. The Advance Tax facility…
Saving is one thing that every Indian household embraces as a part of its culture and gets imbibed into our day-to-day routine. Realized or unrealized, each one of us starts saving for that favorite toy or dollhouse or sports watch…
Are you the last-minute jumper? The extremist who waits till the last moment to compile a task. Then most probably you have waited for the whole march for this week to come and now you are ready to do the…
What is a SIP? Systematic Investment Plans (SIPs), as the name suggests, allow investors to invest in Mutual Funds in a systematic manner. A SIP is linked to the investor’s bank account and deducts a predetermined amount towards a specified…
NAV: Rs. 17,426 crore (As on 28th February 2019) Exit Load: 0 P/E Ratio: 20.40 Expense Ratio: 1.93% Turnover: 103% The Axis Long Term Equity Fund is an open-ended, actively managed Equity Mutual Fund that predominantly invests in large-cap company…
NAV: Rs. 6,312 crore (As on 28th February 2019) Exit Load: 1% for redemption within 365 days P/E Ratio: 15.62 Expense Ratio: 2.12% Turnover: 15% The HDFC Small Cap Fund is an actively managed, open-ended Equity Mutual Fund that carries…
The Post Office Monthly Income Scheme (POMIS) is a Government of India backed Saving Scheme launched by India Post. The scheme allows the account holder to make deposits into this account which carries a maturity period of 5 years. Monthly…
In this article, we are going to discuss some of the basic rules for building a comprehensive financial portfolio. These rules are applicable to almost any type of financial portfolio When it comes to financial well-being, having a well-structured portfolio…
Holi was just around the corner. With markets all colorful and kids playing around with balloons and colors, it is that of the year when people revisit the loved ones, apply color with the intent of filling colors in their…
