Author: Shalini Bhardwaj

The Income Tax Department closely monitors certain types of financial transactions that may indicate unusual activity. For individuals and businesses, avoiding missteps with these transactions is essential, as the department can issue notices if any irregularities are detected. Here’s a closer look at six transactions that are commonly scrutinized by the tax authorities and tips to ensure compliance. 1. High-Value Cash Deposits The IT Department monitors substantial cash deposits, especially those made in one go. If you deposit ₹10 lakh or more in your bank account, this amount could flag a review from the tax department. Large cash deposits, if…

With Dhanteras just around the corner, many investors are exploring options for investing in gold, a tradition symbolizing wealth and prosperity. However, with modern investment avenues, gold purchases are no longer limited to physical jewelry. Digital Gold and Gold Exchange Traded Funds (ETFs) are two popular choices that offer convenience, security, and flexibility. Here’s a breakdown of both options, helping you make a well-informed choice this festive season. Gold ETFs: Secure, Transparent, and Ideal for Long-Term Investors A Gold ETF (Exchange Traded Fund) works similarly to stock market investments. By purchasing Gold ETFs, investors can access the benefits of gold…

For many people in India, mutual fund Systematic Investment Plans (SIPs) have become a popular and efficient way to build wealth over time. While foreign investors recently pulled large sums from the Indian markets, domestic investors held their ground, adding stability to the market, largely through SIPs. If you’re a retail investor, knowing a few key tips about SIP investments can help you reach your financial goals. Here are seven essential secrets to making the most out of your mutual fund SIPs. 1. Start Early to Harness the Power of Compounding One of the main benefits of SIPs is the…

As Dhanteras and Diwali approach, the tradition of buying gold takes center stage in India. For many, gold holds deep cultural value and is seen as a long-term investment or a financial safety net. However, whether you’re buying jewelry, coins, or investing in gold ETFs, it’s important to understand the tax implications on both purchasing and selling. Here’s a simplified guide to the taxes on gold to help you make informed choices this festive season. Understanding Tax on Gold Jewelry: Long-Term and Short-Term Capital Gains If you buy gold jewelry and decide to sell it later, you’ll be subject to…

The recent downward trends in the stock market have left many mutual fund investors concerned. Those investing through Systematic Investment Plans (SIPs) may feel the impact of stock market dips directly, causing unease over potential losses. But there is a practical solution for SIP investors who want to avoid halting their investments altogether: the SIP pause option. This facility, provided by most fund houses, allows investors to temporarily pause their SIPs, helping manage their financial health without compromising long-term investment goals. Here’s how it works and when it can be a valuable option. Understanding SIP Pause Option: An Investor’s Tool…

IPO investments often create a buzz in the stock market, especially when a reputed company launches its initial public offering (IPO). In high-demand IPOs, it’s not uncommon for the issue to become oversubscribed, meaning more people apply for shares than are available. This scenario raises a question for many retail investors: How exactly are IPO shares allotted when demand exceeds supply? Here’s a breakdown of the process companies use to decide share allotment, especially in cases of oversubscription. What is an IPO and Why Does It Get Oversubscribed? An initial public offering (IPO) marks a private company’s first step in…

With India’s growing focus on infrastructure, funds investing in this sector have surged, and LIC Mutual Fund’s Infrastructure Fund is one of them. This fund has generated excellent returns, doubling wealth in 3 years and nearly tripling it in 5 years. But does it fit your investment goals? Here’s a look at the fund’s performance, features, and risks to help you decide if it’s the right investment for you. Understanding LIC MF Infrastructure Fund LIC MF Infrastructure Fund is an open-ended equity fund that primarily invests in companies within the infrastructure sector. Its objective is to promote long-term capital appreciation…

Investors in the Nippon India Smallcap Fund have seen remarkable returns, especially through systematic investment plans (SIPs), over the last five years. The fund, managed by Nippon India Mutual Fund, is one of the top performers in the smallcap category. Known for its high annualized returns, the Nippon India Smallcap Fund has provided significant wealth growth to investors, regardless of whether they chose a lump sum or SIP investment approach. With an annualized SIP return of 38.96% over five years, the fund has become an attractive choice for investors looking to multiply their investments in the long run. Here’s a…

For investors eyeing high returns over the long term, the SBI Small Cap Fund has been a rewarding choice, transforming small investments into significant wealth over time. Launched in 2009, this fund has achieved remarkable growth, especially for those investing in small companies with strong growth potential. It’s particularly favored by those willing to hold onto their investments for a longer period, as it leverages the potential of small cap stocks while balancing risk with selective mid and large-cap stocks. Here’s a look into why this fund has gained popularity and how it has rewarded its investors. SBI Small Cap…

SBI Mutual Fund’s Nifty Next 50 Index Fund has emerged as one of the top-performing mutual fund schemes in recent times. Launched in May 2021, the fund has consistently delivered impressive returns, outshining its benchmark and catching the attention of investors. Over the last three years, this fund has not only doubled one-time investments but also provided excellent returns through systematic investment plans (SIPs). What is Nifty Next 50 Index Fund? The SBI Nifty Next 50 Index Fund invests in the stocks of 50 companies ranked just below the Nifty 50 companies in terms of market capitalization. These are companies…