It’s that time of the year again. Tax savings is the top of the mind. Last few days to do anything that you can to save taxes. Now that you are aware about some of the best ways to save tax for yourself, you also know that ELSS or tax saving mutual funds are one of […]
NPS – Does it provide assured returns?
NPS is a retirement product and hence there are investors who feel that it offers an assured return much like its counterparts PPF and EPF. Sadly that is not the case. On the contrary, an investment in NPS is pretty much similar to a mutual fund. When you open your NPS account, there are various types […]
NPS – Are you overestimating the tax benefit?
NPS or National Pension Scheme is emerging as one of the favourite tax saving options for investors. Under the Income Tax savings options, there is a special benefit provided for investments made in NPS. For additional investments upto Rs. 50,000 under Sec 80 (CCD), there is no tax applicable. This is over and above the section 80C […]
PPF – All that you need to know about this tax saving investment
PPF continues to be one of the most preferred investment vehicles for Indian households. The reasons are clear. It offers guaranteed returns and that too tax-free. It has come along way since 1968 (source: Wikipedia) when it was first launched. Here are 10 pointers that bring you upto speed with the latest features of a PPF account. They will also […]
Balanced funds – Best of both the worlds?
You know of equity mutual funds. You know of debt mutual funds. Now, what is the fund that invests in both – equity and debt? Easy one, right? Well, it is a hybrid fund, popularly known as a balanced fund. This fund invests in both equity/stocks and debt such as corporate debt and government securities. The name ‘balanced‘ suggests that it invests 50:50 in equity […]
How to prepare for 50 years of investing? Start with the basics
Think about it – you start investing at the age of 25 to 30, knowingly or unknowingly. The EPF is your forced investment straight out of the salary – you don’t realise it till late. Or, your neighbourhood uncle gets you into the ‘best‘ insurance policy. The entire investing journey lasts for 50 to 75 years well into […]
