There is no right time as such when it comes to investing in mutual funds. Investments in mutual funds should be made at the earliest. Any day is the best time to invest in mutual funds. Remember, you need to invest as per your financial goals and risk tolerance.
This is something different from IPO. In the next post I have shared some of the major differences between these two.
And the main reason to share about FPO is because a FPO of ITI Limited is to be issued on 24 jan 2020 and I thought you should all know about FPO before actually applying for it.
See our next post for the difference between between IPO and FPO.
We know that this is the rushed time for you where you have to declare your investments to your employer for Tax Exemptions.
We also know that most of your investment declarations are under Section 80C, but before you declare your investments you should know that during this rushed period you are most likely to make mistakes in making investments since different investment instruments provide different Tax benefits.
1- Some investments like ELSS & Insurance will give you Tax benefits at the time of returns while others like Tax Saver FD, ULIPs will give you both at the time of Investment and Returns.
2- Another point to note is that while making the investments you should also consider the Returns. Know whether the Investment you are making is going to give you good returns in the Future.
3- One of the most important points while making Investment is to check for the Lock-in Period, as you do not want your money to be stuck in instruments in case you have short term goals.
We have listed the best investment options under Section 80C with each of their Pros & Cons. Call us on 022- 28828294 to know more.
Incorporated in 2008, Tata Capital Housing Finance Ltd is a non-deposit taking housing finance company. It is a wholly owned subsidiary of Tata
As on 30 Sept 2019, it has 88 branches across Tier I, Tier II and Tier III cities in India. The key focus areas of Tata Capital Housing Finance Ltd are:
1. Affordable housing to Tier II and Tier III cities
2. Leveraging the "Tata" brand
3. Increasing alternate business channels
1. Unified financial services platform
2. Prudent credit and information technology policies
3. A diverse funding portfolio
4. Pan-India presence
Objects of the Issue:
Tata Capital Housing Finance Ltd proposes to utilise the funds towards funding the following objects:
1. For the purpose of onward lending, financing, and for repayment /prepayment of interest and principal of existing borrowings of the company
2. General Corporate Purposes
"Opportunity is a hauty goddess who wastes no time with the unprepared." If you do not have readily available cash investments, opportunities will not waste time waiting for you.
Always have a diversified portfolio and do not hesitate to invest some in Fixed deposits If you have a lumpsum of cash. The opportunity to enjoy excellent rates, with no charges and no taxes may not always be there.
The dependency on continuous income assuming nothing can go wrong is a huge risk. What if the business goes through a rough patch? How will you provide for your monthly expenses and your travel? Will you allow your lifestyle to take a hit.
Stay tune with PeakLife to know about the most common factors of risk one should be aware of.