One of the key outcomes driving investor behaviour is “how to reduce taxes”. It is an obsession. Now, how many of you know that the Income Tax department itself gives you ways to reduce your taxes on certain capital gains. Let us see how. For starters, when you sell assets such as equity, mutual funds, […]
How to select debt mutual funds post SEBI classification – Part 2
In Part 1, we noted that SEBI has now defined 16 categories for debt mutual funds hoping that it will allow retail investors like you and me to be able to select debt mutual funds with more ease. I believe the new classification will do the job to some extent. The number of funds (in […]
10 things to know about debt mutual funds
Do you know if you make a single fixed deposit of over Rs. 1 crore with State Bank of India, what is the interest rate on offer? 3.75% only. Yes, that’s right. To put this in context, a normal savings bank account in the same bank pays you 4% interest. Why would you do a Fixed […]
