How are SWPs taxed?

How MF SWPs Taxed? Mutual fund withdrawals are subject to tax depending on the category of the funds Mutual fund withdrawals are subject to tax depending on the category of the funds you own. Debt funds and equity funds are taxed differently. Systematic Withdrawal Plans (SWP) redemption is as per first in first out (FIFO)… Read More »

New rules about Unclaimed Insurance Money

If no insurance claim is made for a period of 25 years after the transfer, you will have to forfeit the money and it will belong to the government According to the Insurance Regulatory and Development Authority of India’s (Irdai) circular, which was released on 25 July, unclaimed monies of insurance companies will move to… Read More »

How to check PF balance

Best SIP Funds to Invest Online As an employee whose provident gets deducted every month it is now not required to wait till the end of the year for the statement of your Employee Provident Fund provided by your employer. As a member of Employee’ Provident Fund Organisation it is very easy to check PF… Read More »

Mutual Funds score over ULIPs despite new LTCG tax

Best SIP Funds to Invest Online Recently, we came across a person who was mis-sold a ULIP. Yes, mis-selling of ULIPs still continues. This lady got a call from her insurer, a reputed private sector insurance company, she was told that the ULIP she had purchased earlier was not performing well, and the company is… Read More »

UTI Long Term Equity Fund

Best SIP Funds to Invest Online How UTI Long Term Equity Fund performed? With a 10-year return of 8.18%, the fund has underperformed the category (10.2%) and has beaten the index (7.48%) by a slim margin. The fund has underperformed peers over the past decade. UTI Long Term Equity Fund is in a transition phase,… Read More »

Some Mutual Fund Provide Life Cover

Best SIP Funds to Invest Online Some mutual fund houses are offering life cover if you commit long-term SIPs. Here’s how it works: SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save… Read More »

How to Invest and Save Tax

Top Mutual Funds to Invest Online People who pay income tax are often found asking financial planners and advisors about the best tax saving option. There are several financial instruments investments in which allow people to save on taxes. These instruments include Equity Linked Savings Schemes (ELSS) offered by mutual fund houses, public provident fund… Read More »

Kotak Tax Saver Fund

Best SIP Funds to Invest Online How has Kotak Tax Saver Fund performed? The fund has lagged behind peers over the past decade. With a 10-year return of 9.55%, the fund has lagged behind the category (11.57%), but has managed to outperform the benchmark index (8.8%). This tax-saving fund has been rather inconsistent in its… Read More »

DSP BLACK ROCK TAX SAVER FUND

DSP BLACK ROCK TAX SAVER FUND enjoys an impressive track record, having outperformed its category average in seven of the past nine calendar years. DSP BLACK ROCK TAX SAVER FUND maintains a heavy largecap bias, where its exposure is higher compared to peers in the same category. With around 70 stocks, the fund’s portfolio is… Read More »