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An SIP provides good investment opportunities in a structured and time-bound way. However, many retail investors, including those who already have made investments in mutual funds through an SIP, often are confused about this investment method. Many may think of an SIP to be a mutual fund scheme or an investment product. Note that it…
Tej Kohli is a man who wears many hats, but all of them are visionary and ways to make the world a better place for future generations. One such hat that Mr Kohli wears is of an investor. While he is known for his real estate investments, biotechnology is the other area close to his…
If you sustain any life-threatening injuries as a consequence of a slip and fall accident, or you get injured in Roseville due to unusual circumstances, consult an attorney right away. Make first contact with the lawyer even if the damages are not life-threatening. Injury lawyers are skilled at assisting you in winning your case. 4…
If you wish to earn money through a high-paying referral program, the one that requires you to refer personal loans has a higher chance of being profitable. Several people across India opt for personal loans to meet a financial goal or bring themselves out of a financial crisis. Reports from earlier this year suggest that…
When we think of “Mutual Funds,” we usually think of Large Cap Funds, Mid Cap Funds, or Flexi Cap Funds. When considering tax-saving choices, the equity-linked savings scheme, or ELSS, comes to mind. Many equity investors begin their investments in these funds with equity-linked investments before moving to equity mutual fund schemes. Because you can’t…
Often, any changes in the political or economic condition of the country reflects in the interest rates of home loans. Therefore, when you avail a home loan, there are high chances that you are aware of the possible increase in interest rates during the tenure. Thankfully, you have the option to refinance your home loan…
In trading, there are many options of instruments. Traders can choose the most suitable trading instruments and assets to build their portfolio. Of course, each type of trading and instrument has its own weakness and strength. There is no ultimate trading choice and each of them has different characteristic. In recent years, there is hype…
A loan against property (LAP), as the name suggests, is a loan you can take by pledging your property as collateral. This secured loan can be used to fund various expenses. It could range from anything such as funding your child’s education, paying for a wedding, taking care of a medical emergency, or even starting…
Introduction: Any banker who offers a personal loan product is concerned with the borrower’s repayment capacity. After a bank has financed the desired amount, it expects a timely serving of the monthly dues. Thus, in the case of government employees, the banker has additional comfort due to job assurance and a consistent source of income….
According to the Income Tax Act of 1961, home loan borrowers can get tax benefits for both principal as well as interest components of the loan. For the principal component, the maximum tax deduction that you can claim is Rs 1.5 lakh under Section 80C. When it comes to the interest component, the maximum tax…