Top 10 general insurance companies in India
No one can predict what lies ahead. All we can do is to be prepared for any uncertainties life might throw at us. For most of us, insurance signifies the best mode of future-readiness. General insurance—widely understood as non-life insurance—includes…
PMS vs. mutual fund: Understanding the differences
We have all heard a lot about wealth creation through investing, the benefits of compounding, and how investing is the best way to make your money work for you. Finance gurus, investment advisors, and influencers all agree that investment is…
Top global funds for Indian investors: A beginner’s guide
International mutual funds help Indian investors diversify their portfolio by giving them the opportunity to invest outside their home market. Are you curious to invest in global mutual funds in India? Well, it would help if you have a clear…
What is lot size in options trading: An explainer
Options trading is all the rage in India. Put simply, a financial option confers traders the right to buy or sell an underlying asset, like a basket of stocks, on or before a specific maturity date. Understanding the “lots” is…
Five mutual fund investment plans for one year
Mutual funds are generally deemed long-term investments, but they have products that are custom-made for short-term investments as well. As such, there is no mandatory lock-in period for mutual funds except for ELSS. The flexibility aspect makes mutual funds attractive…
Top 10 mutual fund houses in India: A primer
Indians, who had traditionally invested in bank deposits and gold, have embraced equity investments such as stocks and mutual funds wholeheartedly. Since direct stock investing is not for everyone, mutual funds have emerged as the top investment choice for millions…
20% TCS on foreign remittance transactions under LRS: A guide
The Union Budget of 2023 introduced some significant changes in taxation, including some concerning foreign remittance. Of course, the most noteworthy change was the increase in tax collected at source on remittances. To be specific, TCS on foreign remittance was…
Best dividend-paying penny stocks in India
Penny stocks refer to shares of small companies that trade at low prices, usually below ₹10 per share.Mostly, penny stocks are issued by companies with low market capitalization. However, cheap does not necessarily mean inferior quality. Low-cost investments with strong…
The 10 best tax-saving instruments and the returns they offer
Tax saving is an integral part of financial planning. With the right tax-saving investments, smart taxpayers can minimize tax deductions. The income tax department under the government of India allows taxpayers like you to invest in specified investment schemes and…
