Everything you Need To Know About Debt Funds
Debt funds are basically mutual funds that are invested in fixed income securities like bonds, treasury bills, govt. securities, money market instruments. These bonds can be short term, medium term and long term. The maturity is for a fixed period. The returns are not that high as compared to equity, but they are linked to the market performance of the securities they are invested in. Debt...
Understanding Arbitrage Funds
Before jumping directly to understand what Arbitrage Funds are, let us first understand the basic meaning of “Arbitrage”. In simple words, arbitrage means buying in one market and selling in another market. For example, I buy a T-shirt in one market for say Rs. 700 and I sell that T-Shirt in another market where the demand is more at a price of Rs. 850. I have instantly made a profit of...
Equity Linked Saving Scheme For Saving Tax
The finance minister Nirmala Sitharaman had announced that the deadline for investing in tax-saving instruments for the financial year 2019-20 has been pushed to 30th june 2020. The usual deadline was March 31. This move was taken as the entire country is in lockdown and it has been difficult to make last-minute tax investments. If you have already invested for FY...
Why To Choose MF’s Over Pension Plans?
Retirement planning is absolutely necessary so that you have a corpus at hand when you retire and need funds to meet your lifestyle expenses. As you plan for your retirement you have to factor in many questions like, how will you streamline your debt? Or how will you arrange for your medical bills? Or probably other aspects like estate planning. As individuals, we want a comfortable and...
Debunking The Eight Common Myths About Investing In SIPs
After our last blog on Importance of continuing SIPs amid Covid 19, we have received some queries on SIPs and most of the concerns were actually turned out to be myths. So we have decided to debunk those myths in today’s post. After our last blog on Importance of continuing SIPs amid Covid 19, we have received some queries on SIPs and most of the concerns were actually turned out to be...
Importance of Continuing SIPs Amid COVID-19
During these volatile markets owing majorly to COVID pandemic, investors are getting panicked as to what should be done with their investments? Should you be investing more? Should you be redeeming some of your investments? Many must be thinking to stop their SIPs during such downfall. Today we are going to address one of the major concerns of whether to continue...
Choosing The Best Equity Mutual Funds
Sensex crashed about 30 per cent since 20th feb 2020, falling from 41,000 level to 28,000 level, owing to Yes Bank Crisis , the Coronavirus being declared as pandemic by WHO, decline in international crude oil price. The market has been very volatile since past 1.5 month. During these falling markets it’s suggested that you should be opting the Mutual Fund route to invest fresh money in...
Tax Saving opportunity Extended Till 30th June
On 24th March 2020, FM Nirmala Sitharaman extended few tax deadlines to 30th june 2020. One of the deadlines which was extended was to do tax saving investments for FY 2019-20 which now can be done by 30th june 2020 instead of 31st March 2020. This announcement will prove beneficial for those taxpayers who were unable to invest till date specifically because of coronavirus. The extension is...
Best Tax saving funds in 2020 – ELSS
When it comes to saving taxes, there are myriad options available but nothing works like Equity Linked Saving Scheme. ELSS or Equity Linked Saving Schemes comes with a lock-in period of 3 years, which is the shortest holding compared to all other tax savings. By Investing in ELSS, one can attain deductions up to INR 1,50,000 from their taxable income as per Section 80C of the Income Tax Act....