Why invest in gold? Soft start to 2018: Overall Q1 demand plunged 7% The gold demand of 973.5t was the lowest Q1 since 2008. The main reasons behind the fall were the declining demand for gold bars, gold-backed ETFs and also due to range-bound price. In the...
What is a Demat account? A Demat account, also known as the dematerialized account, is similar to a bank account but is meant to hold financial instruments in electronic form. Financial instruments include shares, bonds, government securities, mutual funds etc. A demat account functions similar to...
Why investing is good for you? In today’s world just earning money is not enough and investments play a very important role in how you’re planning to shape your future. While an individual may be working hard to earn money but that might not be adequate...
All of us have seen or heard advertisements related to investments in gold. Hedge against the market fall is a strong pitch for any gold or gold-related products. But the basic query of the layman on whether gold should form part of his strategic portfolio...
The Finance Minister, Mr. Arun Jaitley shocked the investor community when he re-introduced Long Term Capital Gain Tax in his Budget speech on 1st February 2018. Over the years, one of the major drivers for flows into equities was the tax-free status of the gains...
Budget 2018 was on the expected lines of the Pre-Budget note released by ORO Wealth. As envisaged, the Budget has a strong focus on agriculture, rural development, MSMEs and Affordable housing. The Government reaffirms its stance on Sabka Saath, Sabka Vikas, by focusing on agriculture and...
Equity Linked Savings Scheme (ELSS) are tax saving mutual funds which provide an investor with the tax-saving benefit of up to Rs 1.5 Lakh under section 80 C of the Income Tax Act. An investor may invest more than Rs 1.5 lakh in these schemes...
It’s all about Politics… The recently concluded Gujarat elections undoubtedly have implications for the ruling Bharatiya Janata Party (BJP). Though the BJP secured a clear majority in the elections, the fact remains that despite crossing the half-way mark, BJP won fewer seats than the 2012 elections....
Introduction College is expensive, and it's only going to get more expensive. Tuition costs continue to climb at a rate significantly higher than the inflation rate. In fact, on an average, the cost of college doubles about every nine years. This means that for a child...
As a mutual fund investor, it becomes a challenging task to understand the difference between growth option, dividend payout option, and dividend reinvestment option of mutual fund schemes and choosing the best option as per individual requirements. We have summarized how each option is different from...