ELSS/Tax Saving Fund 2019 An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of approximate 80% and more equity, 20% debt and money market securities. AXIS LONG TERM EQUITY FUND Save up to Rs 46,800 in taxes every year.
Are NCDs a good option for earn more money?
A round up of five destinations worth exploring over the Christmas and new year holidays. Handy tips to help you make the right choice. December is less than a week away and its time to firm up winter holiday plans . We know the feeling when long weekends or holidays approach or when there is
“Markets see Red; Investors’ wealth Eroded; Rupee breaches 74-mark; Sensex Tumbles 800 points” Our clients have been waking up to morning newspaper headlines like these ones very frequently these days. Then they quickly check online their portfolios and calculate how much of their wealth got eroded. Nervousness sets in and the next thing you see
“Investments in Mutual Funds are Subjected to Market Risk, please Check details before investing”. Stagnant water smells, but flowing river does not smell. Once upon a time, there lived a rich man. He was very rich and prosperous. But he was very miser and he never wanted to help any poor person. One day a
SCO-39, 1st Floor, Sec-7, Huda Market, Faridabad-121006 Haryana Contact : 8010926281, 9999913974 or 0129-4172700. Find Location : Motilal Oswal Securities The company was founded in 1987 by Motilal Oswal. Motilal Oswal was elected director of the Company and subsequently joined the Governing Board of the Bombay Stock Exchange in 1998. Motilal Oswal Securities has been a
Lakshmi, sitting besides the window seat, How does money grow, by seeding a coin in the mud pot, nurture it and it will grow as a money tree and provide with coins as fruits, or she remembers, how her mother kept the occasionally got 100 rupees note benefit the clothes, or inside the rice drum.
Next move in market will depend on reaction to budget : Pharma and metal stocks face more declines ; We are in a long-term bull market ; Traders should be prepared for volatility tomorrow or may be in the next few days. Stock Market – Spot Price (Nifty : 11040.50, Sensex : 35970.04) Bank Nifty View
EPF should deploy its fund in diverse assets. The central goverment reportedly wants the Employees’ Provident Fund Organisation (EPFO) to sell shares and use the capital gains to increase the payout for its subscribers. This is the right thing to do, with the Sensex crossing 35,000. The EPFO, which manages workers’ retirement funds, should go
GFS Wealth Creators organised a Seminar with Hitesh Mali. Given the current market scenario, They advised to invest more in Dynamic Asset Location Funds. He also said that the infrastructure sector will be the next field in which the customer will earn money. He has played an important role in investing more in SIP rather
GFS Wealth Creators has launched a new blog called “Wealth Bhai“. This blog guides requires investors to invest in the right direction on the basis of individuals. If anyone requires rapid development, then to achieve this goal , there is a different route in the way. If someone needs a slow increase then this is
Four days of narrow range in Nifty : getting ready for big move in next few days ; direction should be up; Nifty View : Nifty opened – 10638.00 Intraday low – 10610.30 Intraday high – 10665.30 Closed – 10650.20 Gain – 19 Points.
Back to back gains in Nifty : Nifty closes above 10600 for the first time ; Nifty opened – 10592.60 with a gap up of 31 Points. Intraday Low – 10589.50 Intraday High – 10632.10 Closed – 10624.50 Gain – 65 Points Gains contributed
Nifty is holding its resistance near 10550; Narrow trading range inside 10400 – 10550 remained intact; Nifty View : Nifty opened – 10531.70 with a gap up of just 19 Points. Intraday Closed – 10435.55 Loss – 95 Points Gains contributed by REALTY. Within Nifty 50 : Biggest
Wait patiently for market to move beyond range; Nifty View : Nifty opened – 10477.55 with a gap up of 42 Points. Intraday Low – 10404.65 Intraday High – 10495.20 Closed – 10442.20 Gains contributed by METAL & AUTO Within Nifty 50 :
December expiry ended with a gain of almost 230 Points : Nifty View : Nifty opened – 10498.20 with a minor gap up of just 8 Points. Intraday High – 10534.55 Closed – 10477.90 Loss – 13 Points Gains contributed by REALTY & METAL Within
Nifty closed lower : Pharma gains a more than 2.50%; Stay long in Nifty with Stop Loss; Nifty View : Nifty opened – 10531.05 with a big gap down at 70 Points. Intraday Closed – 10490.75 Loss – 40 Points Gains contributed by MEDIA & PHARMA Stock Market –
Contraction in Nifty; Bank Nifty for past 4 days; Look for buying opportunities only; Nifty View : Nifty opened – 10457.30 with a gap up of just 17 Points. Intraday High – 10493 Closed – 10500 Gain – 52 Points Gains contributed by
Nifty closes flat amid volatility : Nifty fails to cross 10500; A large trading range remains intact; Nifty View : Nifty opened – 10473.95 with a gap up of 29 Points. Intraday low – 10426.90 Intraday High – 10443.55 Closed – 10440.30 Loss – 3 Points
Nifty touches almost 10500 – Provides 2 different paths : Top of trading range or imminent breakout? Nifty View : Nifty opened – 10494.40 with a gap up of 31 Points. Intraday low – 10437.15 Gains contributed by REALTY & MEDIA. Within Nifty 50 : Biggest Gainer – HINDALCO & ONGC Biggest Losers – DRREDDY
Higher volatility persists in the market : May see new lifetime high very soon; Buying is suggested on dips & breakouts; Nifty View : Nifty opened – 10263.10 with a big gap down at 70 Points. Intraday low – 10074.80 Intraday High – 10443.55 Closed – 10388.75
Applicable Tax rate assuming highest Tax bracket + 15% Surcharge + 3% Cess. The returns from your investments are subject to numerous Taxes like : Short-Term Capital Gains Long-Term Capital Gains Income Tax as per your slab rate So, your real return can be much lower post-Tax, especially if you take inflation into account too.
A New Year often comes with a salary increment. But, remember, this is also the opportunity window to optimize your salary. Let’s look at how you can do so : Review your salary structure Maximize allowances, Tax savings Get the most Tax deductions through investments like ELSS; loan repayments; health insurance for yourself and dependents;
See how a SIP works more for you than an EMI? It is an open fact that homes are generally bought on finance from banks and housing finance companies charging an interest rate. Customers, in turn, pay the applicable EMIs for the loan they avail from the financial institution. Buying a house means long-term commitment
Many mutual fund investors have the habit of searching for top 10 mutual fund schemes while investing in mutual funds. Mutual Funds are professionally managed investment schemes. They represent a pool of funds that are professionally managed by expert Mutual Fund managers. The fund managers keep a record of the performance and growth of these funds
Fixed Deposit : People often opt for fixed deposits (FD), considering them to be risk-free. The security of having money in the bank is apparently a significant factor and with FDs, it is highly unlikely that you will lose your money. However, with other factors at play, notably inflation and taxes, do FDs provide more
Decrease in business sectors following three upside days : All the sectoral indices end in losses lead by reality and FMCG. Place your stop loss at breakeven for nifty. Chances of a range bound trading is higher Nifty View We are long in Nifty. Traders should move there stops at breakeven. Chances of trading range
PAN CARD What is a PAN card? PAN stands
What is Mutual Fund? Quite simply, a mutual fund is a mediator that brings together a group of people and invests their money in stocks, bonds and other securities. If investing products contributing items were pastries, mutual funds would be the mixed berry pie. Like a pie, a mutual fund is a gathering of various ingredients, or
Aadhaar Card What is an Aadhaar Card? Aadhaar program was launched in 2009 by the Central government, with a main objective to give universal identity to every resident Indian. Aadhaar is the world’s largest biometric ID system, with over 1.123 billion enrolled members as of 28 February 2017. Aadhaar Card – Do i really need
Upcoming new IPO of Shalby Limited. For detail information : If you want to get updated with new IPO’s or NFO, please subscribe our channel.
Mutual Fund ELSS schemes : Best way to Save Tax and Create Wealth As recent as a few months back, more than one person told me that they would not have invested in life insurance policies for tax saving if they knew more about the return potential of Equity Linked Savings Schemes (ELSS). Despite considerable
Child Plans offered by Mutual Funds : Children’s Gift Fund Investment Plan UTI Children’s Career Plan Advantage Fund Debt Oriented Child Plans Child Care Plan – Study Plan Tata Young Citizens Fund HDFC Children’s Gift Fund Savings Plan SBI Magnum Children Benefit Plan Conclusion : In the article (Investment Child’s
It was her father’s 40th birthday. Piyali wanted to gift him something very special and memorable. Her father loved gardening. So she decided to make a collage of pictures for her father and put it in a photo frame. She had a camera which her uncle had given her as a birthday gift. With the camera
Arjun was very excited. He was going to visit his uncle who was a very famous musician. Arjun loved music. He used to play his small piano that his mother had gotten him on his seventh birthday. Today, he would get to learn a lot more about music from his uncle. When
Dear parents, We’re delighted to bring you a short story specially for your children. The young Genius! Ishaan was preparing for his school exam that day. Anup, his little brother was playing with his toy car in his room. Accidentally the toy car fell down the stairs and broke. Ishaan heard his brother crying and came
Dear parents, We’re delighted to bring you a collection of short stories specially for your children. While the stories will inspire your children to follow their dreams, we’re sure the note at the end will benefit you as well. The Curious Little Chef!!! Naina was very excited for her birthday party. She dressed up quickly
Child Plans offered by Mutual Funds : Mutual fund houses like HDFC, ICICI Prudential, UTI, Templeton, Tata and SBI offer a variety of choices as far child plans are concerned. Child plans also help earmark funds for specific goals, dividing the portfolio into several categories. This makes it simpler for a parent to monitor the
Future of our Children: The future of our children is probably the biggest concern for most parents. Many parents start saving for their children’s education and marriage, soon after the child is born. This is, of course, the right thing to do, because the parents can benefit from power of compounding while the child is