The idea behind a mutual fund is to provide convenience to retail investors, who do not have the time or inclination to analyse individual companies to invest in. So a mutual fund, a specialist in this field, does it for them. However, the growth of the mutual fund industry in India with 40 companies operating … Continue reading Important information you may have overlooked about your mutual fund
While the public at large seems to be confused about what to make of the budget, investors in debt mutual funds would surely give it a thumbs-down. This is because of a seemingly “slight” change in the tax treatment of debt funds proposed in the budget. Existing tax regime for debt mutual funds Debt mutual … Continue reading A death blow to debt mutual funds?
If you want to start planning for your future but don’t know where to start, then the following rules may be of help you begin. Identify your financial needs and goals: The starting point of a sound investment plan is a clear understanding of financial needs and goals. The same is required for determining the … Continue reading 10 tenets to follow while planning investments