October 24, 2011
Indian rupee has seen some of its toughest time in recent past. Rupee has lost 13 per cent this year itself and most of it has been in last few weeks or months. Till some time back RBI was saying that currency quotes are controlled by currency trading in India. But now fear is growing among corporate India. The way rupee is weakening, it doesn’t look like that it is going to stop in near term.
October 22, 2011
Gold prices have been zooming across the globe and India being the biggest consumer of gold in world is bound to see lot of happening in GOld. With the stock markets tumbling all over, Gold funds have been the favorite pick among investors. 2011 has seen lots of gold funds launched in the country and abundance of investors is pushing even more of mutual fund house to bring Gold fund.
October 21, 2011
As December is coming close, salaried people are gearing up for tax saving and looking for tax saving schemes. In some time, we all will be filing our tax declaration form in our companies and self employed will start preparing for income tax filing. Tax saving is a important ritual of this part of year. Tax saving schemes are those schemes which are allowed by the government of India and we can avail tax benefit by investing in them. There are lot of Tax saving schemes available in the market today.
October 20, 2011
| Trailing Returns | ||
| As on 19 Oct 2011 | Fund | Category |
| Year to Date | -10.67 | -15.30 |
| 1-Month | 1.31 | 1.49 |
| 3-Month | -5.46 | -8.24 |
| 1-Year | -9.02 | -14.15 |
| 3-Year | 24.73 | 18.30 |
| 5-Year | 11.09 | 6.71 |
October 19, 2011
Bank of America was supported by other financial stocks like Goldman Sachs. US stock market also got support from the news that leaders in France and Germany have agreed to increase the rescue fund to 2 trillion euros. This lead to the hope that situation in Europe would improve.
October 16, 2011
Bajaj auto is consistently working on expanding their market share and last few years have extremely well for them. It is reflected in their sale figures and balance sheet. As a result, it is also reflected in their share prices which are trading at the upper region which can alert some traders. So long term investors should invest all in one shot.
October 15, 2011
Rs 20000 invested in infrastructure will attract tax deduction but the interest earned on it is taxable. There is one additional factor which should be accounted before investing in Infrastructure bonds in India and that is they do not offer any protection against rising inflation as their rates are prefixed. These investments in infrastructure bonds are considered safe but they do not guarantee that you will be your invested principal back.
October 12, 2011
Systematic Investment plans are available with this product. Long term capital gain tax after 1 year will be applicable on this. This fund is carrying a load of 2 per cent and it is applicable if you exit before 1 year. Reliance Gold fund have delivered a return of 25.7 per cent for six month period.
October 12, 2011
In usual scenario, large cap equity funds are better performer than small and mid cap equity funds. Especially small and mid cap funds are quite volatile in volatile markets like the current markets and they have most of the time under performed large cap funds. But contrary to this, as per recent reports, large cap funds have performed poorly than small and mid cap funds.
October 10, 2011
Loyality addition in Life Insurance is to ensure that insured is continuously remain invested in the policy. Loyalty additions are being offered on most of the life insurance policies currently available in the market like Unit Linked Insurance policies (ULIPs) as well as endowment policies. But that doesn’t mean that investors should stop looking at other features of the product like charges and get carried away.
October 8, 2011
October 7, 2011
HDFC Gold Mutual Fund are the newer products in comparison of many other financial instruments. Gold has been shining for very long time now. In last five years, gold has delivered very good return. Gold has been traditionally used as ornaments, they are still widely used as ornaments in rings, chain etc. India is one of the biggest consumer of gold. But in the last few years, with the constant turbulence and volatility in the stock market, Gold is gradually pulling more and more investors everyday.
October 5, 2011
This is a ideal time to start fresh buying with a long term investment goal. Many quality stocks are available at the cheaper prices and as stock markets are expected to fall further, they are going to be available at even better prices. So make a list of few good stocks which you know well and want to buy and start putting your money systematically into them.