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Tag: savings

The Truth About Equity Linked Saving Scheme (ELSS) and SIP

Mutual funds are one of the most sought-after investment avenues when it comes to generating an alternate source of income. However, to a newcomer, the different terms associated with mutual funds could often be confusing. One such confusion is between Systematic Investment Plan (SIP) and Equity Linked Saving Scheme (ELSS). While ELSS is a vehicle to […]

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The 20 Something Investment Strategy

Investmenting is an acquired skill and must be developed from an early stage in life. But it’s never too late to ever start investing. A Chinese proverb says –  “The best time to plant a tree was 20 years ago. The second best time is now” Now is the best time to start investing! The […]

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Is It Possible To Invest In Mutual Funds For A Monthly Income?

Mutual funds have quickly gained the reputation for being user-friendly investment instruments. Almost every soul old or young is now viewing mutual funds as a safe investment option and have started investing in their personal capacities. Where investments are usually done from the point of view of saving and earning returns on the invested amount. […]

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