Gold ETF – Features, Investment Process, Tax Efficiency
Indians have a long but not lost history with gold. Indians are well known to pass on their gold jewelry from one generation to another. It has a deep-rooted significance that allures people into buying more of it. With this thought in mind, a Mumbai based mutual fund house, Benchmark asset company launched, the first-ever gold ETF (Exchange Traded Fund) known as Gold BeES on NSE (National...
Balanced Advantage Fund Should You Invest
Balanced Advantage Fund or Dynamic Asset Allocation Fund belongs to the category of Hybrid Mutual Fund Schemes. These funds primarily invest in asset classes like Equity and Debt. Advantages Of Investing In BAF The prime advantage of investing in the Balanced Advantage Funds or Dynamic Asset Allocation Funds is that the fund manager can keep changing the allocations based on the market...
5 Things You Should Know Before You Start Your Investment
Investment is crucial for everyone because investing can be used as allocating resources with an expectation of growing personal wealth and earning a profit in the future. It involves purchasing assets that see steady growth over a period of time. In this returns are earned through regular income and capital gain. In order to make the most out of investing one needs to have a clear goal in...
Vedant Fashions Limited IPO (May Subscribe)
Issue Size- 36,364,838 sharesIssue Open/Close – Feb 04/Feb 08, 2022Price Band (Rs) 824-866Issue Size- Rs 29.96-31.49 bnFace Value (Re.) 1Lot Size (shares) 17 Vedant Fashions Limited (VFL) caters to the Indian celebration wear market with a diverse portfolio of brands. The company offers a one-stop destination with a wide spectrum of product offerings for every celebratory occasion to...
6 Key Tax Changes In Budget 2022
Though the common man of India along with most of the salaried individuals had expected changes in the income tax slabs, changes in the income tax rates, hike in the standard deduction, hike in basic exemption limit, section 80C limit, work from home tax benefits and more… But none of them were initiated in the Union Budget 2022-23. Though Finance Minister Nirmala Sitharaman did not make...
Decode Budget 2022 – Progressive and Growth oriented
BUDGET 2022 Analysis Table Of Content Disinvestment TargetsEconomyFinanceDefenceInfrastructureAutomobileRailways The Union Budget for the fiscal year 2022-23 is primarily focused on Infrastructure, Capital Expenditure & generating Employment. This is indeed a positive step towards long-term economic development. DISINVESTMENT TARGETS One of the prime highlights of this...
Union Budget 2022 Highlights – Economy, Digital assets, Infrastructure and more
Amidst the unpredictable COVID scenario, difficult past and an anxious future, Finance Minister Nirmala Sitharaman presented the much-awaited and extremely hopeful Union Budget for the financial year 2022 – 2023, today i.e. 1st February 2022. Presented for approx. one hour and thirty minutes, the duration of the Budget presentation seemed extremely short compared to the long list of...
All you need to know about Tax saving under section 80C
As said “You must gain control over your money or the lack of it will forever control you” and Tax planning is the way to do it! The more effective your tax planning the more money you have in hand to invest and better is your tax saving Tax planning has always been on the topmost agenda especially during the financial year-end. This is the biggest mistake that most of us land up with. Tax...
Best Investment Options for Great Returns in F.Y 2022
Along with the New Year, starts a season of New Year Resolutions. While some focus on their physical growth and development, some keep their eyes on achieving financial growth and development. And if you are amongst the people who wish to make the most of this new year to improve their overall financial health, here are some of the best investment options for 2022. As they say, the best...