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Articles from Omprakash Shahi | Selfgrowth.com
- 7 reasons why you should invest in Mutual Funds - by Submitted on Jul 01, 2019 from Omprakash ShahiLeading Mutual Fund Advisor Thane - key words Still on the fence on whether Mutual Funds are the best choice for you? Here are 7 reasons that may help you decide. Earn. Save. Spend. This is the cycle of money that we live by every month, if not every day, of our lives. By now, we’re sure ...
Views: 435 - All You Need to Know About IPOs - by Submitted on Jul 13, 2019 from Omprakash ShahiWhat is an IPO? Initial Public Offering (IPO) is the process by which a company issues its share to the public for the first time. It is a route adopted by the promoters of companies to receive funds (capital) from the (primary) market to meet the business purposes. Upon the conclusion ...
Views: 624 - Comparing Tax Saving Instruments u/s 80C – ELSS (Equity Linked Saving Schemes) Vs PPF (Public Provident Fund). - by Submitted on Aug 03, 2019 from Omprakash ShahiThe Public Provident Fund (PPF) and equity-linked saving schemes (ELSS) are popular investment options that both qualify for income tax deductions. A deduction reduces your overall tax liability. Contributions up to Rs. 1.5 lakh a year qualify for tax deduction under Section 80C. Financial ...
Views: 459 - Mutual Funds Can Form the Backbone of Your Retirement Plan - by Submitted on Jul 24, 2019 from Omprakash ShahiMutual Funds Can Form the Backbone of Your Retirement Plan Role of mutual funds in your retirement planning If you are a Central Government employee, most of the financial aspects of your retirement are already sorted by the government. But for those of you who are working in the private ...
Views: 481 - Overview of MF Industry & Growth Prospects - by Submitted on Jul 20, 2019 from Omprakash ShahiPhase One: 1964-1987 (Establishment of UTI) The mutual fund industry witnessed its launch with the formation of UTI in 1963. It reported Asset under Management (AUM) of 6700 crores at the end 1988. Phase Two: 1987-1993 (Entry of Public Sector Funds) SBI Mutual Fund was the first ...
Views: 646 - Sovereign Bond Announcement in Budget 2019 a Boon or Bane? - by Submitted on Jul 17, 2019 from Omprakash ShahiThese bonds are fixed debt instruments issued by the government -- either in domestic or foreign currencies -- and it's as good as raising a loan in the international market. One of the most debated topics of the 2019 Union Budget presented by Finance Minister Nirmala Sitharaman was ...
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