In the burgeoning mutual fund landscape, with assets under management surpassing Rs 70 lakh crore by the end of 2025,investors often focus on returns and SIPs but neglect a vital safeguard- nomination and transmission.
Term insurance is often seen as something only the "main earner" needs. But real families don't work that way. Women today may be earning, running a business, supporting parents, taking career breaks, raising children, or managing the household full time. In every one of these roles, a woman's absence can create a real financial shock for the family.
Though the market is back to near its record highs, it is facing selling pressures / profit booking at higher levels. Continued FII selling is dragging the market down. Pressure on the INR and the uncertainty about Indo US trade deal are the headwinds confronting the market. On the other hand, strong GDP growth, fiscal consolidation and consumer demand revival can provide the base for the next bull run for the market. Though the market is near its all time high, valuations are more reasonable compared to Q2 FY 2024-25.
Midcap funds have always been popular with retail investors. Its popularity has only grown further in recent years with midcap funds overtaking large cap funds to become the category with second highest assets under management (AUM) among diversified equity funds.
Every November, as we celebrate Children's Day, we honour the innocence, joy, and limitless potential of childhood. Parents buy gifts, plan outings, and create memories. But what if this year, you gave your child a gift that keeps giving - one that grows over the years, shaping their aspirations into reality? A Systematic Investment Plan (SIP) in mutual funds could be that lifelong gift of financial security and opportunity.
SIP involves investing a fixed amount periodically, making it an accessible and disciplined way to build long term wealth. Its popularity stems from its ability to create wealth over long investment horizon by investing in a disciplined way from your regular savings.
Investors often think equity, when it comes to mutual funds. While equity is highly suitable for beating inflation in the long term and wealth creation, fixed income is a very important part of asset allocation. As per RBI's report on Household Savings, traditional fixed income investments like Bank deposits and Government small savings schemes comprises more than 54% of an average household's financial assets.
Indian equities are one of the brighter corners of sunshine in the global markets. The Nifty 50 has surged by 29%, the Nifty Midcap 100 by 60%, and the Nifty Smallcap by 70% over FY23-24. The standout performer, however, has been the BSE PSU Index, which soared by a staggering 92%, particularly noteworthy given its lacklustre performance over the past decade.
On 24th March 2023, the Finance Minister proposed an amendment to the Finance Bill 2023, whereby she proposed that the long term capital gains tax benefit for non equity schemes be removed. As per the provisions of Income Tax Act before this amendment, long term capital gains (holding period of 36 months or more)...
Systematic Withdrawal Plan (SWP) and Systematic Transfer Plan (STP) are mutual fund facilities which offer solutions to different investment needs. SWP provides fixed cash-flows to investors. STP enables investors to transfer fixed amounts at regular intervals (e.g. weekly, monthly, etc.) from one scheme (usually low...
There has been lot of debate in digital and social media about the pros and cons of old versus new tax regime after the proposed changes in direct taxes in 2023 Budget. Many people are arguing that below the income slab of Rs 15 lakhs or more, the tax rates for different income tax slabs are lower in the new regime...
As we approach the end of FY 2022-23 / AY 2023-24, you should ensure that you complete the tax planning for this year by 31<sup>st</sup> March 2023 for availing the tax benefits available under various sections of Income Tax Act, 1961. If you are unable to complete the tax planning before the deadline set by your company...
