Investing Insights
How to invest in SIP’s or Systematic Investment Plan
Read this blog to know simple steps to invest in SIPs if you’re a first-time investor who is confused about how to invest in SIP’s. To know more, visit FinEdge now!
Five things You Need to Know About Tax Saving Mutual Funds
As we enter the last month of the Fiscal Year, there’s bound to be an increased interest in tax saving investments. One such investment avenue which helps you save taxes under Section 80C is a tax saving mutual fund, or ELSS (Equity Linked Savings Scheme). If you’re thinking about investing into a tax saving mutual fund this year, here are five things for you to keep in mind.
Retirement Income Generation – Mistakes to Avoid
Much has been said and written about how to save enough for your retirement, but there’s lesser awareness about ways and means to effectively generate a reliable income stream from your hard-earned retirement corpus, after you’ve finally hung up your work boots for good! As a result, many retirees end up repeating a series of all too common mistakes when it comes to retirement income generation – some easily reversible, some catastrophic and irreversible. Here are three common retirement planning income generation mistakes that you should be watchful for.
Top 5 Best ELSS Tax Saving Mutual Funds to Invest in 2018
Of late, ELSS (Equity Linked Savings Schemes) Tax Saving Mutual Funds have gained prominence, largely propelled by an increasing awareness regarding the poor returns afforded by traditional life insurance policies. ELSS, though risky, provide investors with the chance of earning significantly higher returns than Life Insurance and other traditional instruments over a 5 to 7-year time horizon.
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