A common challenge that many of us face is that there is no one-size-fits-all method for investing your hard-earned money to achieve your financial goals. You should be aware that asset allocation changes according to the life stages of an investor. It is different for a young investor as compared to a middle-aged or older…
While investing, it is essential to determine your risk profile. Allocating your hard-earned money to the desired investment avenues without determining your risk tolerance could be disastrous. “Mutual Fund Investments are subject to market risks; please read the scheme-related documents carefully.” You may have heard this quick disclaimer about mutual fund investments. You see, regardless…
Easter has arrived, and with it comes the arrival of the Easter eggs and baskets full of treats. Although Easter is a religious event, several of its practices, such as the use of Easter eggs, are likely derived from pagan traditions. An egg, the ancient symbol of a new life, has long been associated with…
Market volatility, caused by both global and domestic variables, makes investors wary of investing in market-linked instruments, especially equity mutual funds. It also emphasises the idea that market mood can shift quickly, jeopardising your essential financial goals if you do not make prudent investment decisions. Most investors have the perception of equity being risky. Recently, my buddy…
Given their government backing, small savings schemes are popularly considered as a low-risk investment alternative. The revenue collected through these schemes are utilised to fund the central government’s fiscal deficit. Small savings schemes, such as post office 1-year to 3-year time deposits and 5-year recurring deposits, are savings vehicles managed by the government and designed to…
As per the proposed changes in the Finance Bill 2023, which was passed in the Parliament amid continuous outrage by opposition leaders, the tax advantage on debt mutual funds for investments made on or after April 01, 2023, will no longer be available. The indexation benefits on Long Term Capital Gains (LTCG) on debt mutual…
Every individual has some or the other financial goals that are unique to them and their financial needs. You may have a mix of short-term, mid-term and long-term goals. You may want to own a house, buy a luxury car, fund your child’s education and wedding expenses, or build a retirement corpus for your golden years.…
The current environment is not conducive for many to manage their expenses with only salary or primary source of income. Moreover with inflation eroding your savings, long-term sustenance will be another challenge. This is where prudent investment planning comes into the picture. While there are numerous investment tools, such as mutual funds, are available in the…
In 2023, global markets are cladding ongoing challenges such as looming recession, high inflation, an unresolved dispute between Russia – Ukraine and various uncertainty. As a result, these factors consequently affect market performance and cause significant volatility. Have you ever seen surfboarders effortlessly ride the rough ocean waves? that is because they have mastered the…
Many decisions need to be made to manage your personal finances and investments as the end of the financial year 2022-23 is approaching in a few weeks. To begin with, it is crucial for mutual funds that you link your Permanent Account Number (PAN) to your Aadhaar before the end of FY 2022-23 on March 31,…
