Diwali is especially known for puja of Goddess Laxmi as she symbolizes the earth, wealth, prosperity and abundance.
Till parents are alive they are the guardian but when they are not there then who can be the trusted person for their child‘s welfare?
As more corporate bonds are issued to a wide array of investors, there is a high possibility that the liquidity in the bond market will improve.
Taking exposure to low rated bonds mean high credit risk. Such bonds can impact the liquidity of the portfolio. Also in case of default, the permanent capital loss cannot be ruled out.
It outlines a plan of action for an army unit. If applied to personal finance, one can get a plan of action to achieve financial goals.
Thematic funds came with additional level of risk though they are seen as a high returns opportunity. One should take exposure if and only if he can time his investments.
Portfolio turnover ratio measures how frequently the scheme portfolio is churned.
The fund has done well in last one year, however over five year time frame it has lagged its peers.
Fixed income investors have to realign their investment strategy in FY2015-2016 as interest rates begin downward journey. Investors will be better off choosing investment options such as mutual funds, bonds, fixed deposits based on their tax slabs and risk taking ability.
The scheme focuses on generating absolute returns by investing in equities. The fund's theme is to take the volatility risk of MIP but deliver the returns of Nifty Index.
Axis long term equity fund is good on various parameters. With lower volatility and higher risk adjusted returns the fund is a good investment option in ELSS schemes.
HDFC Top 200 Fund stands today with the highest corpus size of almost Rs 13000 crore and a highly impressive track record. The performance was such that at a level it became the first choice for investors
You can claim exemption under Sec 80C by investing in ELSS schemes. This benefit limit has been enhanced to Rs 1.5 lakh in budget 2014. Even at year end by investing as a lumpsum in these schemes you are eligible for the exemption. But whenever you are taking the decision ensure you go deep in analysing it.
National Housing Bank is wholly owned by Reserve Bank of India. The primary objective of NHB is to promote financial institutions which are in housing sector and support them.
Tax free bonds have become the flavor of second half of this financial year and every new bond brings in something extra for investor. After HUDCO & NTPC, now NHB and IRFC have announced their tax free bonds.
NTPC and HUDCO have come out with their tax free bonds. Both the bonds are receiving good interest from investors as the coupon offered is quite high. The volatility of both debt and equity market is also adding to the attraction towards such fixed interest bonds
A recent action by RBI on the interest rates has caused havoc in the debt market. There are funds which has less impacted and some are more. From a layman investors view selecting a debt fund becomes a difficult due to lack of knowledge. Read this space to know how measure like Modified Duration can be of great help such situation.
Debt funds are largely overlooked by investors when it comes to investing in a fixed income space due to lack of knowledge. With better tax efficiency and various categories of schemes, this category makes an ideal choice for investors. Financial advisor Jitendra Solanki enlightens investors on how to analyze this segment of mutual funds.
Recurring Deposit is the most preferred investment for conservative investors. The concern of volatility in investments and assured benefit on maturity is what makes it the first choice when it comes to regular savings for various event of life. Read this space to analyze the real benefit from the product before making a decision.
When in comes to investing in Fixed Income space, people tend to bend more towards traditional instruments like FDs, NSC or Time Deposits ignoring one more in the space - Debt Mutual Funds. Financial advisor Jitendra Solanki tell us why and how much should one allocate these funds while creating Fixed Income portfolio .
Investors are moving towards debt instruments led by poor performance of equity market and lucrative returns offered by debt. Driven by current market situation, FDs has gained popularity in recent times. However what most investors neglect is the taxation aspect attached to it. Read this space to know how taxation can affects your FD returns
Budget 2012-2013 was a mixed rollercoaster ride for the retail investors. On one hand if personal income tax benefits have bought some cheers, the increase in service tax has forced to review their household budget. Read this space to know the full impact on retail investors.
Many people take haphazard decision while planning Year End Taxes. In the wake of savings few bucks in taxes we tend to loose more by investing in wrong investment instrument. To help us plan our taxes better, financial advisor Jitendra P.S.Solanki shares few tips with us.