Invest Aaj For Future

  Sovereign Gold Bond (SGB)Scheme 2021-22: Subscription for series X opens from February 28 The Sovereign Gold Bond (SGB) scheme 2021-22 Series X will be open for subscription for the period from February 28 to March 4, 2022. Sovereign Gold Bond (SGB)Scheme: The Sovereign Gold Bond Scheme 2021-22- Series X will remain open from February 28, 2022 to March 04, 2022 as per a release from the Reserve Bank Of India(RBI). RBI has fixed the SGB series X price at Rs 5.109. per gram. Now, before investing in this series of SGB scheme you should know the important pointers of this scheme. What is Sovereign Gold Bond? Sovereign Gold Bond is issued by RBI on behalf of Government of India. The scheme was first launched in November 2015 with an objective to reduce the demand for physical gold and to shift a part of domestic savings into financial savings. And to encourage digital mode of buying gold, as it has a number of benefits as against physical gold. Where to buy (Sovereign Go...

What is Rupee Cost Averaging ? SIP's are now a days a well known investment tool for the new age investors. Especially the millennials are very keen to invest in Mutual Funds through Systematic Investment Plans(SIP) route. While investing in SIP we may have came across the term "Rupee Cost Averaging". What actually it means? It is something that benefits you when you invest in equity mutual fund schemes. As equity market is volatile in nature and high risk involved in it. Those first time and low risk investors don't have the required knowledge and expertise to track the market continuously can choose SIP route to invest in equity markets. Concept - Rupee Cost Averaging As equity market is volatile in nature and goes through ups and downs. Investing through SIP route in equity mutual fund schemes allows us to invest in regular intervals. That means buying units of mutual fund schemes in ups and downs of equity market, which average out our mutual fund units in long te...

   Should You Invest in SBI Multicap Fund NFO SBI Mutual Fund is going to launch its New Fund Offer(NFO) SBI Multicap Fund , Which will open for subscription from 14th February to 28th February. This is an open ended equity scheme investing in   large ,  mid and smallcap stocks .  Earlier SBI Mutual fund has a fund named SBI Magnum Multicap Fund. Due to the change in SEBI guidelines, the multicap fund should have atleast 25% in largecap ,25% in Midcap and 25% in smallcap allocation in its fund. Hence SBI Mutual Fund convert the earlier SBI Magnum Multicap fund into flexicap Fund and launch a new fund SBI Multicap Fund . What are Multicap Funds? Multicap Funds are the diversified equity funds which invests in its corpus in all market cap stocks ie. Large cap stocks, midcap stocks and smallcap stocks. According to the  SEBI guidelines the a multicap fund must invest at least 25% of its corpus in each market cap stocks. Remaining 25% corpus can be invested in...

ELSS VS PPF Which is the  better tax saving plan ? As we know that there are so many options available for tax savings. In this article we will know which is better tax saving plan, Mutual Fund ELSS or PPF. In both the cases we can save tax up to Rs1.5 lakh per annum under Section 80C of Income Tax Act, 1961. ELSS relies on equity ,where you could see some volatility whereas PPF is a debt instrument with negligible volatility. Let's understand in details. What is PPF Investment ? Before we know the differences between ELSS and PPF , let us know what is Public Provident Fund ? As we know that it is a government scheme which is suitable for long term financial goals, such as children's education and retirement planning, It has a fixed term of 15 years , you can further extend  for another 5 years. You can say that it has a lock in period of 15 years. After the completion of 5th year you can withdraw money partially from your PPF account. PPF invests in debt securities and it is ...