Five reasons why you should invest in an ELSS this year

The most tax saving exercises take place in the last three months of the financial year - between January and March. There are plenty of tax-saving investment options available to you to claim a tax deduction: Public Provident Fund (PPF), National Savings Certificate (NSC), Tax-saving five-year term deposit, National Pension Scheme (NPS), among others. Here we would tell you why Equity Linked Savings Scheme (ELSS) or tax saving/planning mutual fu... [Read more...] 

A five minute guide to Systematic Investment Plan (SIP)

The popularity of SIPs or Systematic Investment Plans has gone up in the last few years. Thanks to demonetization, many individuals discovered the charm of SIP and mutual funds. Amfi's Mutual Fund Sahi Hai campaign also helped popularizing the concept of SIP and mutual funds. However, many investors, including those who have already made SIP investments in mutual funds, are often confused about SIPs. Many investors think that an SIP is a product... [Read more...] 

3 reasons why you should start a SIP

Financial discipline Everyone would talk about maximizing profits as the main reason for recommending SIP strategy. But the most important feature of SIP-based investing is imparting financial discipline in the lives of investors. Many investors are on a start and stop mode of investing. They start investing when there is optimistic mood all around them and they stop their investment when there is pessimism around them. SIP puts an end to thi... [Read more...]