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 […]
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 […]
DSP BlackRock Micro cap scheme to stop taking new investments
DSP BlackRock Micro Cap scheme will temporarily stop taking new investments in any form from Feb 20, 2017. However, it will accept investments made till end of business hours on Feb 17, 2017, subject to current limits. As per an addendum to the Scheme Information Document issued by the fund house, “with effect from Feb 20, 2017 (‘effective date’), […]
Track all your mutual fund portfolio in one place with Unovest
How should I track mutual fund portfolio – across schemes and AMCs – in one place? This has been a common problem expressed by many investors. If you happen to have investments in just 4 mutual funds, that is, HDFC, Quantum, Sundaram and Franklin Templeton, you are going to have an interesting time tracking all these investments with […]
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 […]
Should you book profits in your mutual funds?
When it comes to investing in the stock markets, one advice that is universally doled out is to book profits. Direct stocks – yes! Traders – definitely yes! But does it apply to mutual funds too? There is quite a difference in the two. With direct stocks, there can be multiple reasons for you to book profits. Let’s be clear […]
