The world of finance can be an exciting one, offering opportunities to grow your wealth and achieve your financial goals. But unfortunately, it also attracts fraudsters who prey on unsuspecting individuals. Understanding common financial scams and how to avoid them…
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Investing in mutual funds is a popular way for individuals to grow their wealth through professional management and diversification. However, for those new to mutual funds, the process can be overwhelming and mistakes can be costly. Here are three common…
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Investing in tax-saving mutual funds is an effective way to reduce your tax liability while also aiming for long-term wealth creation. These funds are commonly known as Equity Linked Savings Schemes (ELSS). They offer the dual benefit of tax deductions…
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In April 2024, Foreign Portfolio Investors (FPIs) exhibited selective confidence in the Indian equity market, channeling substantial funds into specific sectors while withdrawing from others. This investment pattern provides a revealing insight into both the perceived opportunities and risks within…
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India offers diverse opportunities for investment, and mutual funds are one of the most popular options among investors, including Non-Resident Indians (NRIs). Understanding the taxation on mutual funds is crucial for NRIs to make informed investment decisions and comply with…
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In a significant development for India’s financial sector, Jio Financial Services and BlackRock have announced a 50:50 joint venture to launch a mutual fund business in India. This venture, named Jio BlackRock, was officially formed in July 2023 and represents…
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