The Equity Linked Saving Scheme (ELSS) is a type of mutual fund that primarily invests in equities and equity-related securities. If you invest in ELSS mutual funds, you can claim a tax deduction under Section 80C. ELSS funds are the only mutual funds covered under Section 80C. However, the section does include other tax-saving investments, […]
Like every other mutual fund category, debt funds too are gaining momentum among investors who are risk averse and do not want to expose their finances to volatile market conditions. Not just that, debt funds are also considered by those individuals who wish to diversify their equity heavy portfolio and give it the much needed […]
Cryptographic money is getting more famous step by step. The profit from digital forms of money by Krypto is past your creative mind. Some digital forms of money gave 10x or 100x re-visitation of their financial backers in only 1 or 2 years. Isn’t it extraordinary? That implies, assuming you contributed just $100 toward the […]
Over the six years, accounting processes have going to different kinds of changes and modifications. When it comes to company or any other kinds of proprietorship business, different methods of accounting is used. Do you leave it Bangor question are you looking for qualified accountants questions like if that’s what you’re looking for that gives […]
Purchasing a home is a major step in life. However, due to the rising property cost, it is tough to purchase a home through your savings entirely. Here is where opting for home loan is the best solution to meet your goal of buying a home early in your work career without having to exhaust your savings […]
Often when any festivity or wedding approaches, you tend to design a home renovation plan. While you may fund most of the expenses through your savings, there are times you may be short of funds in case of any major overhaul. This is where home renovation loan, a kind of personal loan, comes in handy. With […]
Motherhood is an experience like none other. For many women, it can mean feeling complete. Many times plans of being a mother can take a back seat due to commitments to career and personal life. Even during pregnancy, a woman still has her existing responsibilities. All of this can amount to a lot stress which […]
Anything you purchase has an expiry date. The same thing applies to your car insurance policy. The standard car insurance policy you can buy is valid for one year. The Insurance Regulatory and Development Corporation of India continues to introduce new regulations regarding policies whose policy term may be more than one year. You can […]
NBFCs are non-banking financial companies in the business of lending to retail and corporate borrowers. Usually, when a borrower faces trouble in getting a loan from a traditional commercial bank, they turn to these NBFCs. This is because these NBFCs personal loans are less stringent and finance the entire loan amount. On the other hand, […]
Just like stocks, mutual funds’ units are also traded and just like a stock price, there is a price that represents each unit of a mutual fund. This price is called net asset value or NAV. NAV represents the per share market value of a mutual fund. How is NAV calculated? What is the importance […]