How to Invest in ELSS Funds Growth option: When you go for the growth option, you will not receive benefits in the form of dividends. As an investor, you will get the gains only at the time of redemption. This helps in the appreciation of the total NAV and thus, the profits multiply...
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 ...
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.
PayTM is a subsidiary of One97 Communications Ltd. PayTM is primarily a payments bank in India and it operates digitally all across India. It was founded by Vijay Shekhar Sharma in 2010. Answer and Explanation:1 Following are the steps to transfer money from PayTM to one's ban...
When you stop paying premium but do not withdraw the money from the Insurance company, the company reduces all your benefits proportionality. The benefits like SUM ASSURED, MATURITY VALUE etc. But in case of Endowment & Money Back Plans Insurance Amount ceases to exist. You do not lose anythin...
Before moving forward, let’s understand why do we buy Mutual funds at the first place? We sometimesneglect the basic reason to invest in mutual funds, the reason is very simple: We invest in Mutual Fund because we have money to invest but we dont have the expertise to invest in Stock ...
On June 3, 2015, India signed Multilateral Competent Authority Agreement (MCAA). The MCAA is based on the The Common Reporting Standard (CRS), formally referred to as the Standard for Automatic Exchange of Financial Account Information in Tax Matters. It is an information standard for the automa...
Fund manager decides how aggressively they want to invest, so if today the fund has beaten it’s benchmark or Category in positive side, tomorrow when there will be disaster, it will beat it’s benchmark by huge margin on the negative side and the performance will be much lower than the...
Tax saving: Tax saving funds or ELSS not only reduce tax liability, but have wealth creation potential too. Imagine this - after decades of hard work, you can finally retire comfortably without any financial worries. Your life's savings have grown enough to sustain you t...