Entries Written By Shivani Chaluvadi
How Many ELSS Funds Should You Have in Your Portfolio?
It’s that time of the year again when we randomly invest in different 80C investments to save tax. But with increased awareness, investments in ELSS funds have increased. But there is a confusion that persists as to how many funds have to be included in the portfolio. Diversify Right Investing in many ELSS funds is …
Life Insurance Claims over 3 Years Cannot be Rejected
Insurance companies cannot reject claims made on policies over three years. According to the Insurance Laws (Amendment) Act 2015 Section 45 no claim can be repudiated (rejected) after 3 years of the policy being in force even if the fraud is detected. This comes as a relief to policyholders and decreases the probability of their …
SBI Focused Equity Fund: Fund Review
SBI Focused Equity Fund is among the top 5 focused funds as ranked by Upwardly. The fund gave 19.32% annualized return since its inception in October 2004. The fund manager, Mr. R Srinivasan, follows a bottom-up approach to select stocks for the portfolio. The fund has only 25 stocks investing across market capitalization and sectors. …
6 reasons Why ELSS is Better Than Other Tax Saving Instruments
There are multiple ways to save tax and we have previously highlighted 19 ways to save tax. Of all the tax saving options available under 80C ELSS is the better option available. Read on to know why. High market linked returns ELSS mutual funds have historically given returns up to 23% (annualized). Since they are …
19 ways to save tax this 2019
It’s the time of the year again! Everyone will get busy with finding ways to save tax. Upwardly presents to you 19 ways to save tax in 2019. Insurance policy Life insurance premium paid in the year can be claimed for deduction. Premium paid for yourself, your spouse or your children can be claimed under …
Top 10 Small Equity Mutual Funds whose Performance Surprised us all
Big things often have small beginnings. Small is simple and small is good. Small equity mutual funds are usually ignored when fund recommendations are given to investors. One of the filter for fund recommendations is usually the fund size and the assets it holds. But does that mean the small equity mutual funds which do …
Top Money Market Mutual Funds to invest in 2019
What are Money Market Mutual Funds? Money Market Mutual Funds is a short-term liquid investment with high credit rating. It provides investors with an avenue to invest in low risk-low return investment class. These are open-ended funds in the debt fund category that invest in cash or cash equivalents. The fund manager invests in high-quality liquid …
Weekly Market Update: Minor gains for NIFTY and Sensex
Date: 19/1/2019 Short Market Update: Nifty and Sensex saw minor gains, weak IIP data can lead to GDP growth rate cuts, low retail and wholesale inflation set the stage for rate cuts by RBI, new pay rules for bank CEO’s by RBI, Finance Ministry and RBI to relax PCA norms, a new investor for Ola. …
Top 3 Performing Funds in 2018: Hybrid – Dynamic Asset Allocation
Last updated on January 21st, 20192018 was one of the most volatile years in recent time for investors. Despite having faced an unpredictable year, the following Hybrid funds have performed better than its benchmark in 2018. SBI Dynamic Asset Allocation Fund SBI Dynamic Asset Allocation Fund gave 7.96% return in one year while its benchmark …
Weekly Market Update: Range bound week for NIFTY and Sensex
Date: 12/1/2019 Short Market Update: Nifty and Sensex saw a range-bound week, interim budget on Feb 1st, New changes to GST exemption limit, India retained its place as the fastest growing country, SEBI’s cyber attack on AMC’s. The Nifty started the week with three consecutive gain days but ended with two red days. On Friday, …
Prateek Mehta
Simplifying Personal Finance | Co-founder & CEO, Upwardly.in | Runner | Father | Learner
