77,000Cr+ Investmentmanaged Download ET Money app What are ELSS Funds? ELSS or Equity Linked Savings Scheme are a type of mutual funds that mainly invest in equity and offer tax-saving benefits under Section 80C of the Income Tax Act. ELSS has a 3-year lock-in period, offering the poten...
Investment in ELSS funds qualifies for tax exemption under section 80C of the Income Tax Act 1961. From April 2018,long term capital gains tax (LTCG)of 10% was introduced on equity funds. Hence once the lock in period is completed, and during redemption, the gains (if any and above Rs ...
Money in the form of investments, derivatives, and cryptocurrencies exceeds$3.3 quadrillion. This is what it looks like written out: $3,300,000,000,000,000. That’s a lot of zeros. This is a much more significant amount compared to the total money in the stock market, which is a mere...
A commodity is a resource, an asset with monetary value that may be sold or brought. For instance, theUK exportsplenty of gold, petroleum, and platinum. These are all commodities. There are severalways to tradecommodities in the United Kingdom, both physically and online. Read on to find ...
Forex day trading works by exchanging one currency for another – traders effectively buy one currency and sell the other at the same time. This is why currencies are traded in pairs, the most popular of which include the USD, and are known as the ‘majors’....
Chapter 3/ Lesson 12 28K Learn all about the history of cryptocurrency and bitcoin. Discover how cryptocurrency works, who created bitcoin, and what it implies about the future of the economy. Related to this Question Explore our homework questions and answers library ...
Sensex (India) How to Invest in the Stock Market for Beginners Numerous studies have shown that, over long periods, stocks generate investment returns that are superior to those from every other asset class. Stock returns arise from capital gains and dividends.12 ...
as it is considered by some to be a safer investment than individual stocks or currencies. In addition, if it is known that a government entity, such as the Reserve Bank of India, will purchase large quantities of gold, this will drive up gold prices in the local market. Active traders ...
In an SSF contract, the risk is significantly more than the initial investment (the margin deposit). No stockholder privileges: The SSF owner has no voting rights and no rights to dividends. Required vigilance: SSFs require investors to monitor their positions more closely than many would like ...
Precious metals like gold and silver can make for a valuable and meaningful gift. You may consider giving your recipient indirect investment exposure to precious metals through an ETF, a mutual fund, or shares in mining companies. However, part of the allure of gold or silver as a gift may ...