The fund offers deduction under Sec. 80C and the minimum lock-in period would be three years as in any other ELSS.
Investment expert Sandeep Shanbhag says, "SBI MF as a fund house has a fairly decent track record and it needn't have resorted to such attention grabbing devices to generate assets under management."
Bonds funds enjoy lower tax vis--vis the Bank FDs (and no hassles of TDS too) and hence can be a better option for people in the higher tax-brackets.
Reliance Communications, along with Malaysian telecom major Maxis, has confirmed its interest in picking up a stake in Hutchison Essar.
When you sign your name as guarantor to use your good credit to help someone else obtain credit, you are taking a risk that a lender has refused.
In one of the most fierce and controversial battles for investments, Maharashtra -- specifically, Pune -- beat 17 locations and 6 states, including AP to win over Volkswagen and consolidate its position as India's Detroit.
The International Monetary Fund is going through interesting times. It is in the process of reforming a number of funds, core functions and aligning itself to the current economic realities.
Mutual funds bought FMCG, construction, auto, and IT stocks in November.
The Sensex closed at 13,399.43 down down 400.06 points or 2.90% at 13399.43, and the Nifty down 112.50 points or 2.84% at 3849.5.
M Damodaran was the brand that managed the UTI crisis.
MESN has set up a carpooling service called Koolpool.
A key advantage of these cards is that exchange rate fluctuations may not affect you
If you are completing your graduation, it may make sense for you to also spend some time doing a professional course
One of the most difficult questions faced by investors in the equity markets
Being an ELSS, it offers deduction under Sec. 80C
Prospective buyers should look at peripheral location where infrastructural developments are happening that can be classified as growth corridors of the city.
ITC focusses on natural resource management, which includes wasteland, watershed and agricultural development.
How a first time investor can conquer these fears and benefit from investing in equity funds and build wealth over time.
It is a three year close-ended equity scheme that propagates long-term investing
While making a will is not a Herculean task in itself, there are quite a few things you could have missed out on inadvertently that could lead to major hassles later.
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