Quantum Mutual Fund has announced the launch of its new fund scheme, Quantum India ESG Fund. ESG stands for Environment, Social and Governance, 3 parameters which together define sustainability. For the new scheme, the ESG criteria will play a key role in selection of stocks for the scheme’s portfolio. Why ESG? As the world gets […]
Let’s test your Personal Tax Quotient in 2019 – Quiz
Tax occupies the biggest space in our minds. It is the first cell that is activated in any individuals brain after s/he gets the first pay cheque. It is the most feared and yet the most sought after game. You and I relish it. We spend inordinate amount of time trying to save taxes, so […]
Is Senior Citizen Savings Scheme an income option, post retirement?
The most important concern post retirement is the absence of a regular income. Unless you are on state pension, you will need to create your own income with your investments, in a safe and secured way. One of the options to consider is the Senior Citizen Savings Scheme. Senior Citizen Savings Scheme was started in […]
Sovereign Gold Bonds 2019 – All you need to know before you invest
The Government of India has announced a monthly series of the Sovereign Gold Bonds 2019. They are available for subscription every month from June 2019 to September 2019. Here is a link with all the details that you need to know about these Bonds. The issue calendar as available on RBI’s website is as below. […]
ICICI Pru MNC Fund – NFO – What’s new?
ICICI Pru Mutual Fund has just launched its ICICI Pru MNC Fund. The NFO is open from May 28 to June 11, 2019. Should you invest? What is an MNC? MNC stands for multi national corporation. If you thought it refers to only foreign brand companies such as Hindustan Unilever, Nestle, Colgate and you cannot […]
DSP Quant Fund NFO – Should you invest?
A new fund offer currently asking for your money is the DSP Quant Fund. What is this fund about and does it deserve to be a part of your portfolio? Let’s find out. When it comes to fund management, there are 2 broad ways to build a portfolio. One is passive, the other is active. […]