I am making this statement because ELSS comes with a mandatory lock-in period of three years. This happens to be the smallest lock-in period that is available in the 80C basket. You can compare this with PPF, which matures in 15 years, NSC in 6 years and FD requires five years to get the tax break.
February 28th, 2009 | Shabbir Bhimani | 0 comments | ContinuedArchive for February, 2009
Fundamental and Technical Analysis
Everyday when you watch TV for Financial news you specially hear couple of terms very frequently aka Fundamental and Technical analysis and today I would try to explain them in very newbie’s terminology for every one to refer to.
February 12th, 2009 | Shabbir Bhimani | 30 comments | ContinuedAll about Mutual Funds
SEBI (Mutual Fund) Regulations 1993 defines Mutual Fund as “a fund established in the form of a trust by a sponsor to raise money by the trustees through the sale of units to the public under one or more schemes for investing securities in accordance with these regulations”.
February 9th, 2009 | Shabbir Bhimani | 23 comments | ContinuedInvest the Asset Allocation Model way
A good stock market investor knows how to identify good stocks and the same time, he also knows how to manage to buy at a reasonable good time. They basically stand on the sidelines and wait for the right opportunity and then try to grab with both hands whenever the market crashes or undergoes a big correction.
February 1st, 2009 | Shabbir Bhimani | 0 comments | Continued
