If you ask any financial advisor or planner including us, about Tax Saving financial products, the chances are very high that you will be recommended an Equity Linked Savings Scheme (ELSS). There are several reasons for advisors and investors to opt for ELSS over other similar Tax Saving financial products. Let us understand the ELSSRead More
Changing Name in Mutual Fund Investments
A change in name in Mutual Fund investments is a matter which you may face for various reasons. But Mutual Fund Company knows you by few details like Name, PAN, Aadhar, Signature, etc. Name is your primary introduction. But suppose you undergo a change in your name, how will mutual fund change your name inRead More
Retirement Planning for NRI (Full Details)
Retirement Planning for NRI is a dilemma! Where, When, How & What to do right now keeps you thinking. Most NRIs return home but many decide to embrace the new country as their home. As an NRI, are you completely satisfied with the way you have been planning for your retirement? What do you think?Read More
What is One Time Mandate / OTM / NACH Mandate
One Time Mandate (OTM) or NACH facility is a one-time mandate registration process that will enable you to transact seamlessly in a simple, convenient and paperless manner in the future. Many times you read that SIP needs “OTM” or “Auto Debit” registration, so that you don’t have to issue multiple cheques. It is also calledRead More
Changes in Taxation / Investments – Sept 2019
Dust from Budget has settled, its time when mid-year changes in taxation & changes in investments are rolled out. For September 1, these new 7 changes will have an immediate and lasting impact on how we deal with money. So here are the 7 Changes in Personal Finance w.e.f. September 1, 2019. Changes in TaxationRead More
Recession in India… R U Investing in DEAD?
Last 15 Days, have been so much depressed from Equity Investing point of view. Investors who are seasoned had a chilly! As usual, media has started firing all canons of negative news and finally it is impacting again. Last week a prominent Newspaper cover story was – How To Tackle Recession? So fear of “recessionRead More