Mutual Funds

  Investing in the financial markets is a popular way to grow wealth over time. There are various investment options available to investors, including stocks and mutual funds. However, these two investment vehicles have different characteristics, benefits, and risks. Therefore, investors need to understand the differences between these two investment options to make informed investment decisions. Let's take a closer look at mutual funds vs stocks, compare them on several key factors, and help you determine which option is better for you. When it comes to investing, risk tolerance and investment goals play a crucial role in determining the best investment vehicle. What are mutual funds? Mutual and fund are two adjectives that describe a mutual fund extremely well. It is essentially a collection of money made up of interested participants, a type of financial vehicle that is then invested in marketable securities. This package of funds is under the control of a money manager, a

  The tax-saving season for Indians, including salaried individuals, starts on April 1. So, instead of waiting for the financial year to end and choosing ad-hoc tax-saving avenues, it's better to start investing early in the financial year. Then you can get the maximum time to plan your investments and boost your returns. But which tax-saving tool should you choose?  Here are the top tax-saving options available for young salaried individuals in India.  Top Tax-Saving Options for Young Salaried People Tax-Saving Mutual Funds: You can invest in the top tax-saving mutual funds , i.e., the best equity-linked savings schemes (ELSS), to get tax benefits with the opportunity to accumulate wealth over time. These funds invest a significant part of their corpus into equities or equity-related assets. They have a medium- to high-risk profile and a high potential to offer good returns. Investments are locked in for 3 years. To avoid making a lump sum investment, you can pick the best SIP (s