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117 ArticlesMutual Funds

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LIC's Jeevan Aastha: Look before you leap

An eye opener on LIC’s Jeevan Aastha by Sandeep Shanbhag in DNA: It is in school that we are taught the basic difference between simple and compound ...

How can FMPs save you tax?

FMPs, or Fixed Maturity Plans are quite in vogue nowadays – and they all tell you they’re going to save you a lot more tax than bank fixed deposits ...

Small numbers are not really small

This Seekingalpha post by Abhilash Kushwaha seems to counter my view that market timing could make sense in India. Using data going back from 1991, the author ...

Can I really save Rs. 33,660 in tax?

Mutual funds advertise that you can save upto Rs. 33,660/- per year if you invest in ELSS mutual fund schemes. Does this always apply to you? The short answer ...

Birla Sun Life Tax Relief 96 – beware of dividend pushers!

A number of mutual fund distributors and advisors are hard-selling Birla Sun Life’s Tax Relief 96 scheme, saying that they will give 1000% dividend in ...

Closed ended funds: Why they are popular suddenly, and why they are not really closed ended.

A lot of new fund offers are appearing as “Closed Ended” because of a notification that SEBI has introduced, saying that open ended equity funds ...

SBI One India Fund (NFO): Should you invest?

SBI MF has an new fund offer (NFO) called : SBI One India Fund. Issue Price: Rs. 10 Minimum: Rs. 5,000 per investor. SIP option: Not available Entry Load: Nil ...