The number one rule of your emergency fund cash is that it should be money you can easily access in a pinch. Anything that has a lock-in period does not qualify; money in your Public Provident Fund (PPF), Employee Provident Fund (EPF) or Equity Linked Saving Scheme (ELSS) cannot be part of your emergency fund.
Synopsis
It is that time of the year when many mutual fund investors start investing to save taxes.
It is that time of the year when many mutual fund investors start investing to save taxes. Equity Linked Saving Schemes (ELSS) are among the most used instruments for the tax saving purpose. Generally, we see a lot of rush into these schemes at this time of the year. Even though a lot of investors use SIPs to stagger their investments throughout the financial years, there are many others who do it all at the last minute. This article is for the
Top 5 Investment Options In 2021
Here are the top five investment options for you for 2021 which is full of hope and promise.
Vishav 01 January 2021 outlookindia.com 2021-01-01T07:39:40+05:30
The year 2020 was an interesting one when it comes to investments. On one hand, gold saw its remarkable surge, on the other, interest rates on fixed deposits fell. The most volatile among them, as expected, was the journey that equity markets went through. From levels of over 40,000 points, Sensex fell in a matter of weeks to below 25,000 points, a whopping correction of almost 40 per cent. And by the time the year ended, the equity market had bounced back into a remarkable bull run with new peaks. However, the year 2020, with all its ups and downs, has ended and a new year is on the horizon. So, here are the top five investment options for you for 2021 which is full of hope and promise.
Synopsis
L&T Mutual Fund has launched an integrated digital campaign called Late Lateef 2021 to reiterate the importance of investing early in ELSS for tax saving.
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L&T Mutual Fund, an asset manager with total AUM of Rs 70,191 crore (as on Nov 30, 2020), has launched an integrated digital campaign called Late Lateef 2021 to reiterate the importance of investing early in Equity Linked Saving Scheme (ELSS) for tax saving. The essential theme of the campaign is to educate masses on avoiding procrastination in everyday life and the snowball effects of delaying important tasks. Through the Late Lateef 2021 digital campaign, the fund house plans to reach out to a larger pool of users, including millennials, who are interested in ELSS as an instrument to save taxes and also create awareness about the tax-saving tool. Millennials, who formed about 47% of new mutual fund investors in FY19 as per the latest data provided by Computer Age Management Services Limited ( CAM
Mumbai (Maharashtra) [India], December 22 (ANI/NewsVoir): L & T Mutual Fund, one of India s top asset managers with total AUM of Rs. 70,191 crore (as on Nov 30, 2020), has launched an integrated digital campaign called Late Lateef 2021 to reiterate the importance of investing early in Equity Linked Saving Scheme (ELSS) for tax saving. The essential theme of the campaign is to educate masses on avoiding procrastination in everyday life and the snowball effects of delaying important tasks.
Through the Late Lateef 2021 digital campaign, the fund house plans to reach out to a larger pool of users, including millennials, who are interested in ELSS as an instrument to save taxes and also create awareness about the tax-saving tool. Millennials, who formed about 47% of new mutual fund investors in FY19 as per the latest data provided by Computer Age Management Services Limited ( CAMS ) could use ELSS as an investment vehicle to kick-start their wealth-creation journey early in life.