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02 Feb '210 Replies
ULIPs may not be attractive!!
Continue readingThe FM has endorsed AMFI’s proposal on bringing tax parity between mutual funds and ULIPs. In the budget 2021 presented on 1st Feb 2021, the government has proposed to remove the tax arbitrage that ULIPs enjoy. The government has proposed that investors can get tax benefits in ULIPs only if the annualized premium is less […]
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07 May '202 Replies
Debt Funds Outlook – aftermath of Franklin Templeton Episode
Continue readingOn 23rd April 2020, one of the global investment leaders Franklin Templeton closed down 6 of its debt funds (some are best sellers for a decade). In light of the severe market dislocation and illiquidity caused by the COVID-19 pandemic, this decision has been taken in order to protect value for investors via a managed […]
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31 Dec '190 Replies
Miracle of Compounding
Continue readingCompounding usually refers to the increasing value of an asset due to the interest earned on both a principal and accumulated interest. A compound interest mechanism is applicable on both assets and liabilities. While compounding enhances the value of an asset more rapidly, it can also increase the amount of money owed on a loan, […]
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22 Sep '182 Replies
ELSS Mutual Funds – One of Your BEST Tax Saving Options
Continue readingA continuously debated topic – should one invest to generate returns or to invest to save taxes? The answer to this is rather simple, you could do both. Yield a good return with tax-saving makes a great combination. Equity Linked Savings Scheme (ELSS) is an extremely valuable scheme. While there are many schemes that are […]