An often asked question when investing in a mutual fund is, “Should I choose the Growth or Dividend option?” Well, let us understand these options: Growth Option All profits made by the fund are ploughed back into the fund The Net Asset Value (NAV) appreciates over a period of time No dividend is paid out…
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Team India has been on a roll in the recent T20 world cup matches with some exciting finishes by Dhoni, Kohli and co. We did an analysis of our usersâ food ordering patterns during the INDvsAUS match, and found most of you managed to bite something other than your nails also đ While we eagerly…
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For long, we have grown up with the idea that when it comes to investing, nothing beats a fixed deposit or gold. Understanding mutual funds or the stock market has always been looked upon with doubt and is perceived as risky. There are different type of mutual funds and if you invest wisely, they can…
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While presenting Budget 2016, the Finance Minister proposed a tax exemption on withdrawals from the NPS. Has this made the NPS more attractive as a tax saving instrument? Let us take a look. What is the National Pension System? – National Pension System (NPS) is a voluntary & contributory retirement savings scheme Who is this scheme for?…
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Now that the tax on your EPF corpus as well as employer’s contribution has been rolled back, here’s a quick guide to understanding your EPF and what happens from FY 2016-17 onwards. What is EPF? Employee Provident Fund is – a contributory social security scheme – applicable to companies with 20 or more…
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