ELSS tax saving funds have a lock-in period of 3 years which makes investors remain invested for the long-term. When new investors check the return for the funds, they are positively surprised. But it also makes them feel ELSS funds is the only route to building wealth.
Let us take a top-down approach to the top-performing mutual funds for the past 1 year and come up with the best ELSS tax saving fund to invest in 2018.
Investment for salaried individuals in India is more important than self-employed or business person because they have a natural tendency of investing in one own’s business.
If your monthly expense is less than or equal to the passive income generated from your investments, you have achieved financial freedom with investments.
A step by step guide to investing in direct mutual funds with an example of my investment of Rs. 50,000 along with why Zerodha’s COIN interface is an avoid
Investing in any top rated fund may not be enough & returns can vary from under 5% to above 18%. Let’s narrow down to the best fund that can outperform in future.
Why DSPBR Tax Saver mutual fund added to my portfolio along with plans for November. My portfolio crosses a major milestone of 15 lakhs in October 2016.
Stocks and mutual fund positions added to wealth building portfolio in March 2016 and plans for the upcoming month along with portfolio performance and lessons learned.
Stocks and mutual fund positions added to wealth building portfolio, plans for the upcoming month along with portfolio performance and lessons learned.
Stocks added to wealth building portfolio and plans for the coming month along with progress report, updates and lesson learned.
Will the invested amount be considered for tax deductions if I miss a couple of monthly SIPs?
NO Public Provident Fund or PPF is not a smart choice of investment option for any investor whatsoever.
Tax is a very significant portion of our total expense. What if your profit or return on your investments can be tax free or significantly lower in tax?
Answer to Question: My gross salary is approximate 12L and my net take home is roughly ~78,000 Rs per month. I think I am paying lot of tax and want to know ways to save tax. Can I save tax with a home loan?
The worst investment tend to happen in the month of February and March for saving tax and I realized I have been preaching the same on my blog.