Articles [Mutual Funds]

Those who invest in mutual funds regularly, or at least takes an interest about various mutual funds and their performances, must have heard the term SIP or Systematic Investment Plan. A systematic investment plans, as clearly conveyed by the name,...

Mutual funds industry in India since its inception in our country has seen it all. Its journey from its quiet birth, infancy and adulthood - like any existential process has made it go through some roughs and some smooths in its existence. It is...

Morgan Stanley’s predictions have come true Morgan Stanley, the biggest borrower US Fed Chairman Ben Bernanke’s economy saving steps include lending banks and other companies $1.2 trillion of the public money in order to prevent their collapse...

  Mutual funds as an investment though not a new topic but it has been becoming an important investment among working class in the recent years especially in developing countries. The most important advantage of the mutual funds is that it...

What is mutual fund? Mutual fund can be defined as a collection of stocks or bonds where a group of people invests their money in stocks, bonds, and other securities. How will you be profited? The investor in a mutual fund, own a portion of the...

  Ever since Franklin Templeton in 1998 introduced the concept 'Systematic Investment Plan' in its portfolio of schemes for mutual funds investors it has caught on the imagination of the investors all over the country. The particular class of...

The last date for calculation of the income tax is 31st March, 2010.  Some employees must have already submitted  the reports, to their employers, on their savings under section 80C.  We all know that the maximum for tax exemption under section is...

  Building Your Mutual Fund Portfolio   The investment in various schemes floated by various fund houses, provides a lucrative avenue but it is not an unmixed blessing. The investors who are unwilling to be exposed to the vagaries of...

  History of mutual funds ·         The idea of pooling money together for investing purposes started in Europe in the mid-1800s. The first pooled fund in the United States was created in 1893 for the faculty and staff of Harvard University....

Conditiond :- The assessee must satisfy the following conditions 1. The taxpayer is engaged in the business of the prospecting for or extraction or production of petroleum or natural gas or both in India . 2. The central government has entered in...