Highlights: Individual taxpayers having annual income upto 5 lakhs will get full tax rebate. This means that individuals with gross income up to 7.5 lakh rupees will not need to pay any tax if they make investments in provident funds, NPS and prescribed equities. 7.5 lakhs - 50k

Pursuant to SEBI mandated Recategorisation and Rationalisation of Mutual Funds there have been a lot of changes recently in Mutual Fund offerings of various fund houses. Some funds have been stopped or merged into other funds in order to comply with SEBI's one category-one fund rule while for a lot

Indian markets have given 1000% returns in the last 15 years but not many people around you would have made even that much, forget beating the market. Why? Because of bad investor behaviour. Your returns depend more on your behaviour than on the Mutual Funds or stocks that you invest

I learnt a very interesting word today - Zugzwang. It is German for "compulsion to move". It is usually used to denote an unfavourable situation in games like Chess where for the game to go on, you have to make a move on your turn, even if it

SEBI recently released a circular on "Categorization and Rationalization of Mutual Fund Schemes" asking Mutual Fund Companies to standardize scheme categories and to close down or merge schemes that are very similar to their other schemes ("only one scheme per category would be permitted"). This is