If you hold your units for a year, the impact is about 0.005%, or in other words negligible.

A rating downgrade for a country tends to affect its ability to attract investments. However, it is not the only parameter. The sovereign rating downgrade of India by Moody’s was not the only rating downgrade. And no this is not as disastrous as it looks.

Here are four ways many of you can save at least Rs 1000 more each month.

When markets tend to go through their occasional drops, the people who come out on top are often those who kept on investing as if nothing has happened. They had the wisdom to realize that they can’t predict when markets will go up nor when they will go down.

Tax saving funds are awesome, they are the best thing when it comes to saving tax! You have probably heard this enough and you are either tired of hearing that or irritated. So, instead, we’ll talk about a small technicality that a lot of people need clarity on.

Make sure you know your taxable income before you start planning to save taxes. It may just happen that you don’t even need to make tax saving investments.