Fixed Deposits Vs Mutual Funds : Which one is better to invest?

There was a time when any excess money in terms of bonus, salary increment, lottery etc. used to get invested in fixed deposit, without giving much consideration. And this was the best piece of advice, you might have received from your parents or grandparents and felt as proud son. But in today’s cut throat world, … “Fixed Deposits Vs Mutual Funds : Which one is better to invest?”

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Close Ended Mutual Funds

So now you have sound knowledge of mutual funds, let’s try to understand some technical terms. Investors have the option to choose between Open Ended Mutual Funds and Close Ended Mutual Funds, while investing in mutual funds. Understanding the differences, advantages and disadvantages are crucial for making smart investment. What are Close Ended Mutual Funds? … “Close Ended Mutual Funds”

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Beginners’s Guide on Money Market Mutual Funds

Do Money Market Mutual Funds fulfill dreams of Indian households. Do you still looking for earning more interest than your savings bank account but still wants to keep liquidity and safety. For all the questions above, the answer lies in the below article. What are Money Market Mutual Funds? Money Market mutual funds are very … “Beginners’s Guide on Money Market Mutual Funds”

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All You Need to Know regarding House Rent Allowance and its Exemption

So, you are living in a rented accommodation and receiving House Rent Allowance(HRA) as part of your salary but don’t know how to get the amount received as HRA exempted under Income Tax Act. Let me help you on this! First of all let us answer some questions first. What is House Rent Allowance? Usually … “All You Need to Know regarding House Rent Allowance and its Exemption”

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Section 80C Income Tax Deduction

With the upcoming close of Financial Year 2018-2019, the season is hot for investments made to claim income tax deductions. Sec 80 of Income Tax Act, 1961 is one of them. It contains a list of investments, which when made can provide you exemption from income tax upto certain amount. Investments made under section 80C … “Section 80C Income Tax Deduction”

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