Individuals are keen to invest in mutual funds but there is this rampant confusion still prevailing on what exactly is a mutual fund and how does it work. Should one go for direct stocks or an equity mutual fund? The number of mutual funds out there compounds this confusion further. That’s where I reached out […]
New Investors: Know Your Mutual Fund
If there is “Know your Customer” then why not “Know your Mutual Fund” In some or the other way, every type of investment requires that a KYC – Know your Customer – be done. Basically, in KYC key information about you is captured and stored before you are allowed to make an investment. This is true […]
Are direct plans expensive than regular plans?
The case of expensive mutual funds Not a long time ago, there were sellers out there who used to convince prospective investors to invest in a mutual fund NFO or a New Fund Offer by showcasing a low price or NAV of Rs. 10. The existing plans which had a much higher NAV of Rs. 20, Rs. 50 […]
Now calculate capital gains in mutual funds, easily
If you have recently sold a stock or a mutual fund investment, you need to report capital gains or loss as a part of your income tax returns. I am sure, like me, you too find the concept of capital gain or loss esoteric to understand. Yes? Well, not anymore. Here’s a quick primer on what is capital gain […]
Are your mutual fund investments on Unovest?
What’s new with Unovest? There’s more you can do now with your mutual fund investments and reach your financial goals, faster. Here’s why you should create your free account today. #1 Begin with the end in mind “Begin with the end in mind” said Stephen Covey, author of the bestseller 7 Habits of Highly Effective People. True […]
Liquid Funds – Make your cash work harder
“Where do you keep your cash?” “Means?’ “Is there money with you, maybe in your bank, which want to keep for short term and not invest or lock in anywhere?” “Oh yes! There is usually some money there which I need for emergencies. It could also be a need for an immediate future expenditure. “ […]
