What is Section 80C? Section 80C of the Income Tax Act gives a privilege of tax deduction up to Rs1.5 lakhs to individuals and HUF. The tax deductions provide a means for individuals to reduce their gross total income and...

A Loan Against Mutual Funds is a better alternative to liquidating your mutual fund investments. This way, you can increase the value of your investments and raise funds quickly. This loan gives you the best of both worlds - your...

What is a REIT? Real Estate Investment Trusts are similar to mutual funds. They pool money from multiple investors and use that to buy income-generating real estate properties. REITs manage these assets so that they can earn from capital appreciation...

What is Annualised Return ‘Return’ is the yield that an investment generates over a period of time. It is the percentage increase or decrease in the value of the investment in that period. Returns on mutual funds are expressed in...

Interest is calculated on the investment or loan taken. There are two ways one can calculate interest. The two ways are simple interest (SI) and compound interest (CI). Simple interest is basically the interest on a loan or investment. It...

NRE FDs are a quite popular investment option available to NRIs in India. They come with an array of features and benefits. This article has covered NRE FD schemes, its features, benefits, and interest rates in detail. What is an...

An NRO account or Non-Resident Ordinary account is a savings account or a deposit account denominated in Indian Rupee. It is opened by NRIs to manage their income in India. An NRO FD allows NRIs to invest their Indian income...

What is a Savings Account? A savings account is a bank account that has become a must-have for every individual. It is a basic account that allows individuals to deposit money and earn moderate interest on the balance maintained in...