Just following this ‘tip’ will take care of a large part of the execution towards creating long term wealth.

There are many such examples of risk-return trade off which we make consciously in our daily lives. In investing too there are varied types of risks, to achieve your return you have to know which ones to take and which ones to avoid.

Across print and digital media, there is a lot of analysis around small cap funds and how some of them have exceeded return expectations in the last one year. Find out what's the reality.

Rs 1000 today can be put to use in many different ways, but let’s see what kind of value it adds to your life if you were to look back a decade later.

To know how you measure up on the investing behaviour graph, see if you conform to behaviour aspects given below.

The new option you have, is to forgo all these deductions and exemptions to pay tax on your income at a lower rate. The rates have changed up to an income level of Rs 15 lakh. Beyond that the income tax rate remains at 30%.

It is the propensity to be more sensitive to a loss than being happy about alternate gains. Its prominent not only in lifestyle activities but also in investing.

It’s when family structures involve many sub units or when families are broken by way of divorce or similar complications, that a trust structure brings clarity in asset transference.

Among other reasons is the ability of a trust structure to address the complexities of inter-personal relationships which get mingled with family business equations in an emotion free format, yet within the boundaries of the family’s value system.

The transferor or originator of the trust usually has the objective of ensuring that wealth is passed on to beneficiaries within the family or outside in a specified manner.

A succession plan becomes important if you have created assets through your working life. These assets ideally will go to your family in the event of your demise, however, the proportion and timing of distribution if left undefined can cause a great deal of uncertainty for those you leave behind.

Earnings from debt funds can come either in the form of dividends or capital gains or even both. While dividends are tax free after you have received them, capital gains are taxed post being realised. Here is how you add the capital gains to your tax return filing.