1 lakh, you don’t have to pay any long-term capital gains tax. Convenient Investing in ELSS mutual funds is a great way to save taxes, even if you don’t have a lump sum amount to invest. With systematic investment plans (SIPs), you can invest a fixed sum each month on a ...
Mutual funds refer to investment vehicles that pool money from multiple investors to create a diversified portfolio that is managed by professional fund managers. These funds invest in various assets, such as stocks, bonds, and commodities, to maximize returns while spreading the risk. Mutual funds ...
The field of investment offers you various opportunities to enhance your fund generation. To understand investment better, you should have a glimpse of the sectors in which you can invest. Below mentioned are the different types of investments in which you can put your money and expect a good ...
bySridhar Sahu5 mins read Jul 3, 2024 New Tax Regime: Should You Say Goodbye to ELSS? Income TaxELSSMutual FundsFinancial Insights byAvneet Kaur4 mins read Jun 28, 2023 How to Invest in SIP Mutual FundsSIP bySridhar Sahu8 mins read May 1, 2024...
Q. Can I invest 1000 Rs in mutual funds? Ans. Yes, you can start investing in mutual funds for as low as ₹1000 on the Cube Wealth app. Cube gives you access to curated mutual funds from categories like liquid funds, internatinoal funds, equity funds, debt funds, ELSS funds, and ...
Learn about ELSS Mutual Funds, a tax-saving investment option in India. Understand how ELSS funds work and their benefits for long-term wealth creation.
Discover the tax-saving benefits of investing in Equity-Linked Savings Scheme (ELSS) mutual funds. Learn how ELSS mutual funds provide exposure to the stock market.
Invest in Municipal Bonds. Take Long-Term Capital Gains. Start a Business. Max Out Retirement Accounts and Employee Benefits. Use an HSA. Claim Tax Credits. Does selling stocks count as income? If you sell stock for more than you originally paid for it, then youmay have to pay taxes on ...
1 Introduction to Mutual Funds 2 Why should you invest in Mutual Funds? 3 Things to consider as a first-time investor 4 How to invest in Mutual Funds directly? 5 Building a portfolio of mutual funds 6 Choosing the right mutual fund category 7 How are Returns From Mutual Funds Taxed...
s a good idea to invest in index funds to generate optimal returns amid a rallying market. However, things could get ugly during a market downturn as index funds tend to lose their value during a slump. Hence...