What is Financial Planning? Financial planning is not valued or considered important in itself unless used in achieving the ultimate planned objective. Being human, it is natural for everyone to have some kind of objective, which may be rational or material. However, to achieve any such...
The world of mutual funds is filled with terminology. In order to wade through these waters, an investor needs to be aware of them regardless of whether they make their investments on their own or via a financial advisor or distributor. Let’s take a look...
What are Value Funds? Value fund is defined as an open-ended fund that adopts value style of investing. Under, value investing, the fund seeks to invest in companies that are trading at a considerable discount to their intrinsic valuation. Before we delve deeper into value funds, let...
Top 10 mutual funds by Orowealth are listed by various returns as compared with their benchmark index and rankings by top rating agencies. Read on to understand the top mutual funds to invest in. Top 10 Mutual Funds in India Mutual funds have become a very popular...
ELSS funds will help in your tax planning for the coming fiscal year. Investing in these funds will give you tax benefit under Section 80C of the Income Tax Act. These funds are picked based on parameters such as highest returns over the 3-year and...
*Data as of 27 Dec 2018 An asset management company (AMC) is a financial services company that offers a wide range of mutual fund schemes for investment. The money invested in these schemes is typically received from the clients of the particular AMC and is subsequently invested...
In India, the structure of Mutual Funds is a three-tier structure with a few other significant components. It is not just the different banks or AMCs that create or float different mutual fund schemes; instead, there are other players that are involved in the structure of...
One of the main objectives of investing is long-term profit maximization. You would hear this from a lot of advisors. But have you ever wondered how it is achieved? The capital appreciation that an investor seeks to generate doesn't come overnight and neither is it achieved...
Introduction to Mutual Funds History A mutual fund is a trust or a pool of investments by investors who share a common financial goal. This pool is invested in several financial instruments such as shares, debt instruments, bonds etc. by the company managing that trust. This...
RBI Governor Urjit Patel Resigns Source: https://www.bloombergquint.com/global-economics/urjit-patel-resigns-as-rbi-governor Reserve Bank of India Governor Urjit Patel has resigned from his post, making him the first governor since 1990 to step down before his term ends. Patel’s three-year term was to end in September 2019. “On account of personal reasons, I...