Hindu Undivided Family (HUF) is not defined under the Income Tax Act but is covered under the Hindu Law. By definition, it consists of all individuals who are lineally descended from a common ancestor and also comprises of unmarried daughters. HUF is not formed by...

One of the best seasons is around the corner when you would want to grab a cup of ginger tea and some pakodas on a rainy day. Yes, you guessed it right! It is the monsoon. We all must be prepared by now with umbrellas,...

When it comes to mutual funds, it is important for investors to be aware of the performance of their funds. in March 2015, the market regulator SEBI instructed depositories to take the onus to consolidate all investment information of an investor based on their unique...

With Indian markets inching north since 2017, it is not hard to find new opinion with respect to investing every day. The plethora of opinions could be confusing and thus it is critical to have a checklist in order to decide on the investments options...

How to switch from regular plan to direct planSecurities and Exchange Board of India (SEBI), in 2013, directed the mutual fund houses to launch direct plans of all mutual fund schemes. This has resulted in two plans for each fund  - regular plan and direct...

What is a Folio Number? Folio number is one of the most known words off late particularly after demonetization as the investments in equities and equity-related securities have increased manifold. Mutual funds need some mechanism to store record pertaining to investments, transactions made by an investor. This...