Millionaires know that to accumulate wealth, you must do three things – start early, invest regularly and have patience. While the stock market will always experience ups and downs, historically, equity investments have generated attractive returns over the long run. By developing the discipline of regular investing, you put your […]
Tag: mutual fund
Tax implications of investing in a mutual fund ELSS scheme
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As an Indian investor, you have numerous options to save on income tax while growing your wealth. Equity Linked Savings Schemes (ELSS) are a popular choice among these. ELSS mutual funds combine the benefits of equity investments with tax-saving advantages, making them an attractive option for savvy investors. What is […]
Understanding the role of ratings in mutual fund selection
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Mutual funds pool funds from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities, managed by professional fund managers. Their potential to offer steady returns while spreading risk makes them a compelling option for retail investors. Besides this, other factors for mutual funds in India […]