Saving Tax – What Not To Do

  Summary After movies, cricket and politics,  tax savings is possibly the most popular topic in India. For a variety of reasons, Indians have been fascinated by the fact that they can save tax outgo by doing something. As an expert said, tax saving bias should be added to the list of biases that investors

Mutual Fund Dividends – Just say NO

Summary All mutual funds in India have different ‘plans’ – they have a growth plan and a variety of dividend plans. Unlike dividends from stocks, mutual fund dividends are paid out from the fund corpus itself – any dividend then decreases the Net Asset Value of the dividend plan. While mutual fund  dividends are tax-free