Investment works as a medium or mechanism with the objective of generating more funds and value. It includes various types of assets in which you can invest. In the coming points, the process of investment is explained thoroughly. By following these steps, you can extract the best from investm...
Any individual or HUF who wants to save on taxes under section 80C can invest in ELSS mutual funds. ELSS mutual funds have a certain amount of risk attached to them. This is because of the equity exposure in the portfolio. Therefore, ELSS mutual funds are best suited for individuals who u...
Thematic Equity Funds: Fund managers invest in stocks that are based on a specific theme or sector, such as technology, healthcare, or infrastructure. Equity-Linked Savings Scheme (ELSS): These investment options support tax benefits under Section 80C of the Income Tax Act, with a mandatory loc...
How to Invest In the Share Market? Investing in the share market can be an exciting and rewarding journey. Let's explore how to invest in the share market effectively to maximise your chances of success. 1. Educate Yourself Gain a solid understanding of essential terms like stocks, dividends...
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Equity funds invest in shares, debt mutual funds invest in debt securities, and hybrid funds invest in equity and debt securities. There are also equity mutual funds that offer tax benefits. These are ELSS funds (Equity Linked Savings Scheme) and investment in these equity funds qualify for ...
The minimum requirement to become a stock broker is to have a bachelors degree. You can they apply to the market regulator. For eg: SEBI for India...Become a member and unlock all Study Answers Start today. Try it now Create an account...
What is Commodity Trading in India? Commodity trading involves buying and selling various raw materials and their derivative products. These commodities cover a broad spectrum, ranging from agricultural goods to natural resources. If you're considering entering the field of commodity trading, the initia...
Learn to invest in an equity-linked savings scheme that primarily invests in the stock market or Equity. It is eligible for tax deduction under income tax act.
Mutual Funds refer to a financial instrument where money pooled from various investors is put together to form a fund which is used to invest in financial assets.Answer and Explanation: Become a member and unlock all Study Answers Start today. Try...