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Mutual Funds: Are SIPs the ideal way for investing in a Bull Market?

Mutual Funds: Are SIPs the ideal way for investing in a Bull Market? Mutual Funds: Are SIPs the ideal way for investing in a Bull Market? In the apparently regularly surging business sector situation we invest our money in Finance Market. The reason for investing money make more sense well than a month or two later when the market may be significantly higher than the present level. Sensex has effectively risen 28% from 25,700 in December 2016 to past 33,000 [...]

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tax deduction limit to Rs 2 lakh a year

Budget 2018 may increase Section 80C tax deduction limit to Rs 2 lakh a year

Budget 2018 may increase Section 80C tax deduction limit to Rs 2 lakh a year On Budget 2018, Finance Minister Arun Jaitley may increase Section 80C tax deduction limit to Rs 2 lakh a year from Rs 1,50,000. The tax exemption is for products including bank fixed deposits, insurance premium, and mutual funds. The increment in limit could be a part of a strategy to encourage people to save more money in financial instruments. It also keeps away people from locking [...]

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5 Financial Planning Resolutions for this New Year 2018

5 Financial Resolutions for this New Year 2018

5 Financial Resolutions for this New Year 2018 New Year 2018 is coming and we all are busy making different plans for our future. Among these plans, there are some financial plans to improve our health, social and family life. We have to make some financial resolutions to achieve these goals in New Year 2018. And by a proper financial planning, we can fulfill these plans to live a worry-free life. Here are the 5 financial resolutions to take a [...]

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Concern of over-diversification for mutual fund investors

Concern of over-diversification for mutual fund investors

Concern of over-diversification for mutual fund investors The concern of over-diversification for mutual fund investors. Numerous new mutual fund investors are becoming more informed about the risks of over-diversification nowadays. These investors, who have collected many best performing plans in their mission to enhance their mutual fund portfolio. Mutual Fund experts told that their portfolio is brimming with comparative plans that will just weaken the general returns. Here are a few pointers that would help you to maintain a strategic distance [...]

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RBI report: Mutual fund see additional inflows, show symptoms of risks

RBI report: Mutual fund see additional inflows, show symptoms of risks RBI report: Mutual fund see additional inflows. Reserve Bank of India indicated that equity and debt mutual funds in high liquidity market witnessed striking inflows. This is indicating the risk is expanding from banks to mutual fund assets. Mutual fund asset class appear to enter the development stage in India with expansive basing of investors and topographical spread. The report featured that AUM has expanded from Rs 17.55 trillion in [...]

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Things to remember while renewal of Health Insurance

Things to remember while renewal of Health Insurance

Things to remember while renewal of Health Insurance Things to remember while renewal of Health Insurance. Health Insurance is a coverage for the medical expenses of the insured member during a policy year. It relies on the insured member that what kind of health coverage he has picked. The Health Insurance cover the medical costs which incorporate hospitalization costs, day-care procedures, domiciliary hospitalization, pre and post-hospitalization costs and so on. There are different other additional items can be appended to [...]

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income tax benefits from national pension scheme

Income Tax Benefits from National Pension Scheme

Income Tax Benefits from National Pension Scheme The government announced income tax benefits for investing in National Pension Scheme. Both salaried, as well as self-employed individuals, get these benefits on investing in NPS. NPS is also partially tax exempt on maturity. NPS is a retirement savings scheme, which enables an individual to accumulate savings during his working life. There are two types of NPS accounts – Tier I and Tier II. The Tier-I account is non-withdrawable till the individual achieves the age [...]

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5 Things to keep in mind while buying Health Insurance

5 things to keep in mind while buying Health Insurance

5 things to keep in mind while buying Health Insurance: Health insurance has become a necessity for everyone’s in the past few years. Especially for those individuals who are planning to retire and live on a pension. This is also a reason now people are concerned about their health. Health Insurance Policies are designed to serve everyone’s needs. It will keep you financially secure while dealing with uncertainties like illnesses or injuries. There are 5 things to keep in mind while buying [...]

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HDFC Mutual Fund

HDFC Mutual Fund has launched HDFC Housing Opportunities Fund Series on 16 November

As per assets under management, HDFC Mutual Fund is India’s second-biggest asset management company. HDFC has launched a new fund, HDFC Housing Opportunities Fund-Series 1, which opens for subscription today. New fund offer (NFO) of this close-ended thematic fund will close on November 30, 2017. HDFC Housing Opportunities Fund – Series 1 is a close-ended thematic equity fund aiming to provide long-term capital appreciation. It will invest majorly in equity and equity-related instruments of entities engaged in and/or expected to benefit [...]

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5 reasons why you should opt to invest in ELSS Fund

5 reasons why you should opt to invest in ELSS Fund

5 reasons why you should opt to invest in ELSS Fund: Lock in Period & Tax Saving Scheme: 5 reasons why you should opt to invest in ELSS Fund. There are many tax saving investment schemes, other than ELSS in the market. When compared to other tax saving options like PPF (Public Provident Fund), NSC (National Savings Certificate) and Fixed Deposit (FD) which has a lock-in period of 15, 10 and 5 years respectively. ELSS has a lock-in period of only [...]

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