Investing in ELSS funds recommended by Scripbox would get you returns of 18% p.a. Here are the shortlist funds by Scripbox FundsYeild on MaturityMirae Asset Tax Saver Fund (G)18.70%DSP Tax Saver Fund (G)16.40%Union Long Term Equity Fund (G)16.60% Post Office...

Features of Post Office Monthly Income Scheme Regular payments: Regular monthly interest payments are made to the investors. Low risk: Post office monthly income scheme MIS is a safe investment option. The returns are guaranteed in the form of monthly...

What is the Central Bank and Its Functions? The Central Bank in India is a national authority. It is responsible for managing inflation, conducting monetary policy, and maintaining the financial and economic stability of the country. Furthermore, it is responsible...

In recent times, mutual funds investments have emerged as a popular choice amongst Indians. This signals the shift of investing habits of Indians, away from the traditional savings methods. There are more than 2400 mutual funds to invest in. However,...

What is simple interest? Simple interest is a method that is used in the calculation of the interest charged on a loan. It is calculated by multiplying the daily interest rate by the principal by the number of days that...

Bonds are a type of debt instrument in which the investor loans money to an entity. The entity borrows money at a fixed interest rate for a specific time duration where an entity can be government, banks or corporates. One...

What is investment income? Income generated from stocks, mutual funds, bank deposits, money market or any similar form of investment can be considered as investment income. It can be in the form of regular interest payments, dividends or appreciation in...

Investment in mutual funds is a method whereby an investor can invest in the securities market. Investors can get exposure to debt and equity-related securities. One has to understand the structure of funds before investing.  Mutual funds can be categorized...