Most of the times, when individuals talk about tax saving or investments, they usually look at Unit Linked Insurance Plan (ULIPs) and Mutual Funds (ELSS). No doubt both these methods of investment are most popular, but there are other avenues that investors tend to ignore. These alternate investment options have their own benefits and should [...]
Entries Tagged as 'tax benefit'
Public Provident Fund (PPF) for investment and tax saving
June 18th, 2010 No Comments
Tags: elss · tax benefit · ULIP
Bajaj Allianz Shield Plus - Why not to invest
May 17th, 2010 No Comments
Bajaj Allianz Shield Plus is a single premium fixed-term unit linked plan. Let us see, point by point, what your insurance agent will tell you and what he won’t.
This plan claims to give up to 100% allocation on the premium paid
What your agent wont tell you is 100% allocation is only applicable if you pay [...]
Tags: Bajaj Allianz · insurance · single premium plan · tax benefit · ULIP
Mutual Fund Myths
April 30th, 2008 1 Comment
Don’t know what is a mutual fund? click here to find out.
A few myths about mutual funds.
Myth 1) While choosing between two MFs one should buy one with lower Net Asset Value(NAV).
NAV of a mutual fund depends on the duration for which the fund has been in existence and its performance. Rather than looking at [...]
Tags: elss · Mutual Fund · Myths · NAV · NFO · Sensex · tax benefit