What are ELSS Mutual Funds?
Equity Linked Savings Scheme (ELSS) mutual funds are tax-saving investments that offer both equity market exposure and tax benefits under Section 80C of the Income Tax Act. These funds have a lock-in period of 3 years and aim to provide long-term capital appreciation, making them a popular choice for investors. […]
Direct vs. Regular Mutual Funds: Which is Better for You?
In the past two years, direct plans of mutual funds have attracted more interest. But the majority of investors are confused about what distinguishes a direct vs Regular mutual fund, and what is appropriate for them. If you are attempting to decide that, then you are here at the correct location. The […]
Common Tax Deductions You Might Be Missing Out On
Paying income tax can feel like a hassle, especially when you’re trying to organize receipts and find ways to reduce your tax liability. However, with proper planning, you can take advantage of lesser-known tax deductions to maximize your savings. Here are seven tax-saving tips you might not know about: Contribute […]
Active vs Passive Funds: Which Investment Strategy is Right for You?
When it comes to investing, one of the biggest decisions you’ll face is choosing between active and passive funds. Each approach has its unique features, and understanding them can help you make informed investment decisions. This article simplifies the concepts of active and passive investing, breaking down their key differences […]