Tag: Mutual Fund
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5 Types of Investments That You Should Know About
It is one thing to make money to cover your expenses. It is another thing for you to make money and then invest that money back into your future. There are many ways to do this, and what works for one person may not work for someone else. But it is important to understand the…
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Best Tax Saving Mutual Funds to Invest in India
If you’re looking for a type of mutual fund that lets you generate wealth while saving on taxes, Equity-Linked Savings Scheme (ELSS) is your best bet. This is the only type of mutual fund that lets you save up to Rs. 1.50 lakh on taxes under section 80C of the Income Tax Act,1961. However, don’t…
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How Saving and Investing Jive Together
When payday comes along, most of us take care of the bills and groceries. Some will pay off loans, whether these turn out to be home loans or car loans. Others may put money into their savings account, which is always a great idea. Also Read – 6 Amazing Things You Probably Didn’t Know to Save…
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Mutual Funds
A mutual fund is a common pool of money in to which investors with common investment objective place their contribution that are to be invested in accordance with stated investment objective of the scheme. A mutual fund is a trust that pools the saving of a number of investors who share a common financial goal.…