The hype & the noise surrounding mutual funds can be confusing. But we’ve simplified it for you. A mutual fund is a pool of money collected from several investors. A fund manager uses his expertise to invest this pool of money in multiple securities such as stocks, bonds, and more. ...
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.
ELSSare mutual fund schemes that invest at least 80% of their net assets in equities. If you’re looking for mutual fund tax benefits, this is the scheme you want. Money invested in an ELSS is deductible up to ₹1.5 lakh u/s 80C of the Income Tax Act, 1961. Notice that section ...
This fund has low moderate risk Fixed Income Money Market 0 Year Old Fund Unique Investors As of 31/12/2024 0 Fund Size - Annualized Returns NA Check performance One-time KYC (Know Your Customer): One-time K...
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 ...
maturity etc . For example in equity linked saving schemes (ELSS) the lock in period is 3 years . The tenure can be short, medium or long. So if you want to invest for a tenure of 1 year investing in Equity mutual fund will not serve purpose but investing in Short term debt fund ...
This is not something we would like to see in a core fund. Hence, we chose to pick only those fund categories with considerable freedom to invest anywhere. When it comes to stability, large-cap stocks tend to be the most stable. So, we decided to pick only those categories that have ...
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 ...
In many scenarios, this extra charge is ok if your funds are being managed actively and you don’t have the capability of learning and managing it yourself. However, if you are someone who likes to learn (It’s not tough to learn about mutual fund investment), you can invest in the di...