Tax-saving funds add value to your portfolio, but you must ensure that your ELSS investments are always in tune with your risk-appetite.
Here are some key parameters that need evaluation before you select the right tax-saving fund.
Sandeep Shanbhag offers tips on post Budget taxation rates.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.
Invest early. Plan your taxes.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Whether salaried or running your own business, it's about time to get your investment proofs in tax-saving instruments ready for filing your income tax returns later this year.
While regulators are trying to do their bit, the onus is on you to prove it.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
A tax plan is not only to save taxes, it should also assist you in achieving your other financial goals such as buying a home, a car, children's education, retirement to name a few. Here are some top ways in which you could plan for your tax savings
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
An Aadhaar card can fast-track the KYC procedure for some instruments.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
Retail participation in mutual funds from beyond the top 15 cities in the country has increased remarkably in the past 18 months.
Over 700,000 new investor accounts have been opened so far in FY15.
Many youngsters take financial discipline as putting restriction on their freedom. That's a myth. You can very well enjoy as well as save and grow your money at the same time. Salil Dhawan shows you how
Five parameters that will help you make a winning decision
An excerpt from 'Money Smart: The Indian Woman's Guide To Managing Wealth' by Reenita Malhotra Hora and Divya Vij that reveals various options to help you save tax as well as invest for creating long-term wealth.
Banks are in need of government support to manage the stressed assets
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
A six-point comparison by Anil Chopra, Group CEO & Director, Bajaj Capital
Budget should be a platform for govt to take bold steps.
These simple changes can add a significant thrust to your overall money management over time.
If new goals have emerged, this is the time to make fresh investments.
Investors must remember that only resident Indians can open a PPF account and a person can have only one PPF account.
Sandeep Shanbhag, a chartered accountant and director of Wonderland Consultants, a tax and financial advisory firm, discussed the impact of Budget proposals in a chat with Rediff.com's readers.