Do you know what is financial planning and why it is important for every investor ? Let me try and clear the cobwebs. Everyone likes money. Everyone would like to be rich. Everyone has some desires and wants that money can fulfill. But very few people know how to get to these needs in aRead More
Missed the income tax return (ITR) filing deadline of 31st July?
What happens if you missed the income tax return (ITR) filing deadline of 31st July ? How can you ensure you still pay tax to the government without the law catching up with you ? While an assessee has paid advance tax and TDS (Tax Deducted at Source) by 31st March of every year, 31st July isRead More
Types or Classifications of Mutual Funds
There are different types of mutual funds in India available in the market which an investor can choose depending on his profile, risk taking capacity and time horizon. The classification of mutual funds can be done on either the investment objective or on structure of the mutual fund. Let’s go through each one of these classificationsRead More
Stock Market Crashes : The Tulip and Bulb Mania
Greed is a human characteristic, and one that will not go away so easily. There are lot of examples in history to prove that time and again, humans have crossed their boundary of wants and greed has rum amok leading to unprecedented stock market crashes. The most recent one in history is the 2008 USRead More
What are the advantages of Mutual Funds ?
In an earlier article, we have seen what mutual funds are. Today, we see what the advantages of mutual funds in India are. Mutual Funds offer a great deal of flexibility and ease to investors, both big and small. Ranging from professional management to a plethora of diversification options, to ease of liquidity and lowRead More
What is a Mutual Fund ?
A Mutual Fund in India is an entity which pools in people’s money and invests in stocks, bond and other securities to generate a return. Each investor is given units of the mutual fund in exchange for cash – he then becomes an owner of the fund’s asset. The entity which does the collection andRead More