What is an FMP ? FMP’s are Fixed Maturity Plans which can be compared to fixed deposits. But the only difference is the actual returns on the investment in an FMP is not known. Fixed Maturity Plans are offered by Mutual Funds. These Funds Invest in Money Market Instruments and Debt Instruments ( Like Government Bonds, Certificate of Deposits ).…Read More

Tax Free Bonds are Non Convertible Debentures which is generally offered by Public Limited Companies. The companies offering  Tax Free Bonds are Rural Electrification Corporation (REC), National Highway Authority of India (NHAI), India Infrastructure Finance Company Limited (IIFCL), Housing And Urban Development Corporation (HUDCO), Power Finance Corporation (PFC), Indian Railway Financing corporation (IRFC), National Hydroelectric Power Corporation (NHPC), National Thermal…Read More

Liquid funds are a part of debt funds. These funds invest in short term and long term guaranteed products such as Bonds, commercial paper, non convertible debentures, fixed deposits of banks, corporate fixed deposits and other cash equivalent products. These funds give a return which is closely adjusted to the average returns of the products that it has invested. Advantages…Read More

It is Important to know about the tax implications for NRI investing in Mutual Funds in India. For NRI’s Income Earned in India is Taxable There are two types of taxes Long Term Capital Gain Tax Short Term Capital Gain Tax Long Term Capital Gain tax are applicable if the investment in the mutual funds are held for more than…Read More

The need for such a portfolio is to remove the disadvantages and higher charges incurred in a product like ULIP’S and also have the benefits of a ULIP’S. ULIP (Unit Linked Insurance Plan) is nothing but a combination of Term insurance plan + Investment Plan with tax benefits under the section 80 C . This can be achieved by investing…Read More

Fixed Deposits are deposits that are offered by the banks and corporate companies. As the name suggests the term (tenure Or Duration) And the Interest rate of the fixed deposits are fixed. The Fixed Deposits offered by the banks have a return slightly higher than the Inflation Rate. The Fixed Deposits offered by corporate companies offer a higher interest rate…Read More

Options available for TAX Saving under Section 80 C. ULIPS Insurance Policy ELSS NSC (National Saving Certificate) ULIP (Unit Linked Insurance Plan) is a combination of insurance and investment into Equity and Debt Funds. ULIP is Nothing but a Combination of Insurance + Investment into Equity And Debt. However the transaction Charges involved is to high. The investment into such funds is…Read More

ULIPS (Unit Linked Insurance Plans) is a plan which is a combination of  Investment and Insurance. The costs involved in ULIPS are high compared to mutual funds. The costs involved in ULIPS are not transparent they have high allocation charges, mortality charges, the commission involved is too high a much as 50% of your premium. The lock in period in 5 years in some…Read More

We as Indians have a tradition of investing in gold. India is one of the largest consumer of gold. At present estimates say that India has $950 Billion of gold reserves. The value of currency also depends on the gold reserves of a country. We all have a tradition of accumulating gold in the jewelry by paying there gold savings scheme. The…Read More

A trade Involves a Transaction to buy and sell a Share or Commodity. A share is nothing but a part of a company or an organization. Each and every share is a part of a company or an organization. A commodity is nothing but a commodity (Eg: Rice, chilly, wheat,etc…). Each and every share represents an ownership of an company.…Read More