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 […]
Can NRIs invest in Indian Mutual Funds? Yes and No!
Non Resident Indians (or NRIs) can invest in stocks in India including via mutual funds. The question is can an NRI invest in any Indian mutual fund or are there restrictions? Well, NRIs from most other countries (except US and Canada) can invest in almost any scheme of any mutual fund in India. There can be some restrictions specific […]
XIRR – How to evaluate your mutual fund portfolio performance?
Abhishek has been investing in mutual funds for many years now through SIPs as well as lumpsum. However, he is not sure how he should measure the return on his investments. His current statement tells him that in about 8 years, the total invested amount is 2.31 lacs and the current market value is 4.10 lacs. He wonders if […]
Your first mutual fund investment – Why, what and how?
You have been watching your friends / colleagues investing in mutual funds / stocks. You also realise that you need to plan for a better financial future. Not only to account for higher aspirations but also to meet your other financial goals. All this while your preferred investments have been fixed income products such as PPF, Bank FDs, […]
Now get your E KYC done completely online, paperless!
One of the biggest pain points in mutual fund investing has been the KYC or Know your Customer. Most likely you have gone through it. Initially, it was a plain simple application in a physical form with basic investor details. Subsequently, an In Person Verification or IPV was made mandatory. Today, it is a much […]
