Dynamic Bond Funds

What is your view about investing in dynamic bond funds, as here investors need not worry about the duration of the bond? Yes, that is the claim of dynamic bond funds. Some funds have been able to do it successfully. But the real problem is associated with the kind of flexibility they have in terms of their interest-rate views. Their calls can well go wrong and we have witnessed it in the last 10…

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Alert! Dream Killer identified

#Mr. Verma’s dream of living in a beach house after retirement #Ms. Priya’s dream of buying a designer lehenga for her wedding #Mrs. Kulkarni’s dream of sending her son abroad for studies #Mr. Lohia’s dream of buying a luxury car Mr. Redemption is still out on the loose. Don’t let him tempt your investors into redeeming their investments. Staying invested through an SIP, even during difficult times, will help bring their dreams to life in the long run!  …

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Top 4 ELSS Funds

ELSS funds are equity funds that invest a major portion of their corpus into equity or equity-related instruments. ELSS funds are also called tax saving schemes since they offer tax exemption of up to Rs. 150,000 from your annual taxable income under Section 80C of the Income Tax Act. As the name suggests, an ELSS fund is an equity-oriented scheme with a mandatory lock-in period of three years. In recent years, many taxpayers have turned to…

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Understanding Your Mutual Fund Returns: A Peek into CAGR, XIRR and Absolute Returns!

When we say – a fund has generated a 5-year return of 11% – what do we mean by that? Does it mean if I had invested 5 years ago, I would have got a total 11% return or something else? Also, would I have gotten this return irrespective of whether I did SIP or one-time investment? Mutual Fund Returns can be quite tricky to understand. With big words like CAGR, Absolute returns, XIRR,…

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9 Financial Habits That Can Make You Wealthy [by Marisa Torrieri]

Just ask LearnVest Planning Services CFP® David Blaylock, who doesn’t simply advise his clients on the merits of good money habits—he practices what he preaches. For example, “I do a periodic review of all the subscriptions I have—the ones that hit my credit cards each month,” says Blaylock. “You’d be surprised at how many subscriptions we all have and how many go unused. You could create some significant savings each month just by looking at those…

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