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Before investing people expect three things from their investments, income, growth, and safety. There are a number of ways to invest to get one of these results, but making multiple investments in different types of securities to find the perfect…
Benefits of Staying Invested in Long Term There are many types of investments in the market today and many investment styles. The purpose of the investment and the investment instrument usually determine the investment style. Based on the duration of…
In personal finance, there are a lot of terms that mean different things to different people. One of these terms is “long-term investments”. How long are long-term investments? In the world of finance, an investment held for 5 years or…
Mutual Funds and Stocks provide attractive investment options to different people with different risk appetites and time on hand. Funds charge you for professional services, yet far more Indians prefer to hold stocks individually over trusting a fund. Here are…
Lately there have been many queries regarding the apt amount to be put into investments. To be honest, there is no established amount to be invested which pays-off excellently. It is a PANDORA’S BOX which comes with its own variety…
Equity Linked Saving Scheme (ELSS) is a particularly popular tax-saving instrument, mainly because of having the lowest lock-in period among the options available under Section 80C. Even so, there are hundreds of options available and choosing the one that’s right…
ELSS owe most of their reputation to the tax deduction aspect of investment it provides. While that is true and the attraction point for most investors, you should not limit your vision but use this investment instrument to its full…
The Public Provident Fund (PPF) scheme of 1968 has been one of the most popular tax-saving investments in the country, after all, this scheme provides a guaranteed rate of return and returns on these investments are tax-free and interest is…
Equity-linked Saving Schemes are mutual funds that have a majority of the financial corpus invested in equity. Under Section 80C of the Income Tax Act, 1961 these investments have various tax advantages which have been listed below. 1. Lock-in Period:…
The first step in setting up a solid financial plan is to make sure you have a sufficient health insurance plan. With the rising costs of medical procedures and medicines, it is very important to have a strong health insurance…
