When it comes to having a comfortable retirement, sound planning is essential. To start working toward your investment goals, you’ll need to consider several things for asset allocation. In case you don’t know, asset allocation involves diversifying your retirement accounts, including cash, stocks, and bonds. As part of managing your allocation, certain factors, like your […]
The pandemic has upended life and created stress and financial chaos for people of all walks of life across the globe. The good news is that we are into a brand new year. And the bad news is that we still need to deal with the pandemic fallout, and that means our personal finances will […]
Earlier, investors had to preserve the physical certificates of their investment instruments until the world decided to go digital. Now, it has become possible to make and save investments online. This is possible with a Demat Account. It is a short form of dematerialisation and Account allows you to hold all the investments electronically. Having […]
ELSS is an abbreviation of the Equity Linked Savings Scheme. It is an open-ended Equity Mutual Fund providing tax benefits on both dividend and capital gains earned. Under section 80 C of the income tax act 1961, you can lower your taxability by Rs. 1.5 Lakhs by investing in ELSS. It is one of the […]