One of the best things about mutual funds is that there are so many different kinds that everyone can find a suitable mode of investment. No matter what your goals are or what your risk profile is, you can invest easy & make a sound portfolio. In earlier posts I have explained about 3 different […]
I have written about Debt Funds and Equity-Linked Savings Funds in the past. Now, let’s take a closer look at Closed-End Mutual Funds. Closed-ended funds, by definition, refer to funds where the investor can subscribe only during the launch period and cannot withdraw money until the tenure of the scheme is completed. It is important […]
Equity Linked Savings Scheme or ELSS is a mutual fund scheme which offers the best of both worlds: Long-term wealth creation & tax saving. ELSS serves as one of the best options for your goal of wealth creation and also acts as an effective instrument for tax saving. As the name suggests, ELSS is an […]
Let’s see how taxation works for income from mutual funds. Read the previous posts on my mutual funds series here. The profits that you earn from your mutual fund investments after selling your units is a form of income and hence will be taxed accordingly. Income earned by sale of mutual fund units come under […]
In an earlier post, I wrote about how you can start investing with small amounts in mutual funds via SIP & make the volatility of the market work for you in the form of Rupee Cost Averaging. But what if you have a large amount of money available with you and you want to invest […]
Recent Comments