With start of new financial year 2012-13, a lot would change from today in personal finance space. Here is the list. Good News: Increased Interest on Small Savings Scheme like PPF, NSC, etc: The government has increased interest rates on post office deposits like PPF, NSC, Fixed Deposit, Recurring Deposit, and Senior citizen Scheme in […]
ELSS (Equity Linked Saving Scheme) also popularly known as Tax Saving Mutual Funds are one of the best investments you can do to save tax and create wealth in the long run. But unfortunately according to the proposed direct tax code ELSS would be a thing of past and it would no more be eligible as
Best Tax Saving Mutual Fund / ELSS Fund to invest in 2011-12 Read More »
I found this intersting Question and the corresponding answer on Business Standard & ValueResearchOnline I had invested in ELSS (equity linked savings scheme) funds one year before, but I have not claimed this investment while filing for return. Can I withdraw from the ELSS, though the three-year lock-in is not complete? ELSS are tax-saving funds,
How to redeem ELSS/ Tax Saving Fund before 3 years? Read More »
SIP (Systematic Investment Plan) is one of the best things that happened for Retail Mutual Fund Investors. We have read multiple times that SIP is the way to build wealth in the long run and so on. And I could not agree more. But then are Mutual Funds going overboard by offering Daily SIP? Let’s
Is Daily SIP for Mutual Fund investment a good option? Read More »
If you are the one who’s still to invest for your tax saving this year or would like to start SIP for next finacial year, you got a few more Tax saving fund (ELSS) options. A few days back I posted the list of Best ELSS to invest for FY 2009-10. In this post I would
Best ELSS (Tax Saving) Mutual Fund to invest in 2010 Read More »
