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...
This article will help you understand how to calculate the interest rate of your SIP investment. If you are a newcomer to the world of mutual funds, you will find this article helpful. It will touch upon the concept of SIP, the two main interest...
When it comes to mutual funds, it is important for investors to be aware of the performance of their funds. in March 2015, the market regulator SEBI instructed depositories to take the onus to consolidate all investment information of an investor based on their unique...
What is SIP? To start with SIP means a systematic investment plan. It is the easiest way to invest in mutual funds at any intervals viz. weekly, monthly or quarterly as per preferences. Investing directly in the stock market can be risky, as it may need...
What is HUF? Hindu Undivided Family (HUF) is not defined under the Income Tax Act but is covered under the Hindu Law. By definition, HUF consists of all individuals who are lineally descended from a common ancestor and also comprises of unmarried daughters. HUF is not...
Mutual funds have a host of products, which cater to most of the needs of customers. They not only help spread your wealth across asset classes but also design various investment strategies to boost your chances of making more out of your money. But generating...
The millennials are non-conformists in the best sense of the term. They have broken prevailing norms and embraced changes like no other generation. They want more from their lives instead of the mundane routine of a regular 9 to 5 job. They are exploring newer...
It is that time of the year again when investors start thinking about taxes and tax-saving investments. ELSS mutual funds which provide exposure to equity markets while allowing investors to get tax benefits have become increasingly popular especially among young people. However, while the tax...
A yearly event that everyone looks forward to is the budget. There is a flurry of speculations and expectations surrounding it. The entire nation watches when the finance minister delivers his speech with bated breath. After all, it affects their own home budget. It affects...
First impressions count a lot as they are long-lasting. One place where this matters a lot is your job application. They can make or break your chances. Even before you appear for an interview, your resume conveys a lot about you. Thus it becomes imperative that...