Equity Linked Savings Scheme (ELSS) are tax saving mutual funds which provide an investor with the tax-saving benefit of up to Rs 1.5 Lakh under section 80 C of the Income Tax Act. An investor may invest more than Rs 1.5 lakh in these schemes...

It’s all about Politics… The recently concluded Gujarat elections undoubtedly have implications for the ruling Bharatiya Janata Party (BJP). Though the BJP secured a clear majority in the elections, the fact remains that despite crossing the half-way mark, BJP won fewer seats than the 2012 elections....

Introduction College is expensive, and it's only going to get more expensive. Tuition costs continue to climb at a rate significantly higher than the inflation rate. In fact, on an average, the cost of college doubles about every nine years. This means that for a child...

As a mutual fund investor, it becomes a challenging task to understand the difference between growth option, dividend payout option, and dividend reinvestment option of mutual fund schemes and choosing the best option as per individual requirements. We have summarized how each option is different from...

As per recent amendments to the Prevention of Money Laundering Act (PMLA) Rules, 2017, it is mandatory to link your Aadhaar card to all Mutual Fund folios by 31-Dec-2017.  Please link your Aadhaar Card with the following RTA's, each RTA's processes funds for specific AMC's, find...

 The Sensex recently breached 30K and Nifty breached 9K. With the two market benchmarks at all-time highs, investors are particularly worried that markets may suffer from bad case of vertigo and may come crashing down. So is this the right time to invest or is it...

Gold can play a very valuable role in equity and bond portfolios, doing well when both equities and bonds are under-performing. Hence long-term investors should definitely consider investing 5-20% of their portfolios in gold even though the recent price action has not been very encouraging. What...

ELSS funds are special equity funds which enjoy tax exemption on the investment amount, gains and final amount (so EEE regime) up to a limit of 1.5 lakh under section 80C of the income tax act. However, ELSS is not the only investment eligible for Section...

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