Axis long term equity fund is a gem among all equity linked saving scheme (ELSS) equity diversified mutual funds of India. That means this is a tax saving mutual fund. This mutual fund scheme gives you twin benefits of excellent returns as well as the tax benefit. See: –Why ELSS is Best Tax Saving Option than PPF, […]
Mutual funds which diversify their investments in Mid cap and small cap companies are called as small and mid cap mutual funds. The proportion of investments between mid cap and small cap may vary from fund to fund. These funds invest in a mix of mid cap and small cap stocks. Due to their exposure […]
As you have learned from my article “Compound Interest – 8th wonder” that long term investments can be an effective strategy to be wealthy, and even small deposits can make a big difference over the period of time. The Excel compound interest formula explained further will help you get the savings strategy to work. Also […]
“Compound interest is the eighth wonder of the world. He, who understands it, earns it…he who doesn’t….pays it.” – Albert Einstein Surprised! Let me take you through below article & you will know why compound interest is called as the 8th wonder of the world. To understand compounding let just start with simple interest that is […]
ELSS (Equity Linked Savings Scheme) is the only investment product that offers twin advantages of Tax Benefit & gets an opportunity to gain the best Equity Returns. Here is the summary of the article. About ELSS What is ELSS? ELSS – Comparison ELSS Comparison with PPF, NSC and Bank FD Why ELSS? Why should you […]
ELSS funds (Equity Linked Saving Scheme) are the best and most popular tax saving options for the investors in India since from their launch. ELSS investment has 2 best benefits of “Tax saving” & “Wealth generation”. If you are planning to reduce tax, in addition, want to take best returns taking advantage of Equity, you […]
As an investor, you would like to get best returns on your investments. Conventional methods like bank FD, NSC, PF do not give much returns & come with a longer waiting period. There is another best option to get excellent returns is the stock market, but this comes with huge risk as you may not […]
The best mutual fund does not mean the best in returns, but the one which suits to your goals, risk profile and the one that is good in its category group. The major mistake which mutual fund investors make is selecting a mutual fund only on the basis of returns and that too just for […]
Grammarly Review
