Association of mutual funds published that Indian Mutual Funds have currently about 2.52 crore (25.2 million) SIP accounts through which investors regularly invest in Indian Mutual Fund schemes. Mutual funds industry is growing rapidly in india. People realized the mutual fund investment provides best return in long term compare to other saving investment. Understanding mutual funds is simple and easy. ...
In India, section 80C allows 1.5 lakhs from gross total income for investments, insurance and specified expenses. This 1.5 Lakhs is non taxable to encourage saving and investment among Indian citizens. The eligible investments include life insurance, Equity Linked Savings Schemes (ELSS) mutual funds, Public Provident Fund (PPF), National Savings Certificate (NSC), etc., while expenses and outflows can include tuition ...
Investment for retirement expenses, daughter’s marriage, kids higher education or planning home for post-retirement life? All the investment goals are long term investments. Investment planned for more than 5 years are long term investment. Long term investment should give high returns. Long term investment should be planned to give returns greater than the rate of inflation. Long term Financial investment ...
Indian people are not aware of investment instrument available in India. Most of the people assumes investment can be made for long term. But that is far from truth. We can invest money for even one day in mutual funds. Money would be invested in fixed deposit and bonds by debt mutual funds. Investment can be made for even 1 ...