July 2024 Indian Market Recap: In July 2024, the Indian stock market displayed a mixed bag of results, with notable differences in performance across various indices and sectors. The BSE Sensex saw a 3.43% rise, reaching a peak of 81,908. This upward movement reflected strong market sentiment and heightened investor confidence, particularly in blue-chip stocks. […]
Market Outlook for the month: Read More »
Tax Slabs and Provisions: New Tax slabs: Tax Slab for FY 2024-25 Tax Rate Upto ₹ 3 lakh Nil ₹ 3 lakh – ₹ 7 lakh 5% ₹ 7 lakh – ₹ 10 lakh 10% ₹ 10 lakh – ₹ 12 lakh 15% ₹ 12 lakh – ₹ 15 lakh 20% More than 15 lakh
Budget 2024 Breakdown Read More »
Introduction: Infrastructure Investment Trusts -InvITs in India InvITs have become instrumental in shaping India’s investment landscape, providing a unique avenue for investors to participate in the country’s infrastructure development. Understanding InvITs: Infrastructure Investment Trusts (InvITs) represent a significant evolution in India’s financial framework. These regulated investment tools, overseen by the Securities and Exchange Board of
A Comprehensive Analysis of Prominent Infrastructure Investment Trusts (InvITs) in India Read More »
National Bonds Second Salary Scheme (SSNBS) The Second Salary National Bonds Scheme (SSNBS) is a savings plan in the UAE that allows you to earn a monthly income from your investments. The scheme offers participants the freedom to choose their preferred tenor, ranging from 3 to 10 years. During this period, savings grow steadily, with
National Bonds Second Salary Scheme ( SSNBS ): Monthly Income Scheme in UAE Read More »
Market Linked Debentures (MLDs) ? Few start-ups are offering a debt investment product that ticks all boxes in terms of returns, efficient taxation and ticket size. Of course, there is much interest among retails investors about this product called as Market Linked Debentures (MLDs). Let’s take a look at the product and try to understand
Should you invest in Market Linked Debentures (MLDs) ? Read More »
Traditionally most Indians have had a significant portion of their net worth in real estate but in recent times due to a rise of property prices investors have not been able to invest in real estate due to its high ticket size especially in Metro cities. One option available for investors which provides exposure to
REITs: Real Estate Investment Trusts Read More »
Money Lessons From Robert Kiyosaki Heard of the book Rich Dad Poor Dad? The author of this book is Robert Toru Kiyosaki. Thanks to his financial knowledge, he has been able to come out of bankruptcy. Here is his story. Click here to be a part of myMoneySage Elite an exclusive community to the elite
Money Lessons From Robert Kiyosaki The Author of ‘Rich Dad Poor Dad’ | My Money Sage Read More »
Depositors presume Bank Fixed Deposits to be 100% risk-free investment, which is not true, there is always an inherent risk associated with any investment, Bank Fixed Deposits are no exception. You must have read about the Punjab and Maharashtra Co-operative (PMC) Bank and how depositors are finding it difficult to get back their money. Here’s
How Safe Is Your Bank Fixed Deposit? | My Money Sage Read More »
A debt fund provides diversification and stability to a mutual fund portfolio. Usually, there is an inverse correlation between debt and equity investments, so when one goes down, the other often goes up. Click here to be a part of myMoneySage Elite an exclusive community to the elite and discerning who want to maximize their
Guide to choose the right Debt Fund for your Portfolio | My Money Sage Read More »
“If you don’t have a plan, you become part of somebody else’s plan.” – Terence McKenna These words highlight the importance of having a financial plan and being an informed investor. There are very few earners who have not been approached by bank or agents to buy their financial products. When they make a profit
Beware of these Misselling by Banks & Agents Read More »
