Financial Planning

Technology is dramatically changing the way consumers handle personal financial transactions, everything from online and mobile banking and virtual wallets to barcode-based mobile payments and cryptocurrencies. We are here to explore what that changing landscape looks like, and what the technological shift means for the future of money management and financial capability. Technology now plays an important role in the financial lives of consumers. But what exactly are we talking about when we refer to the influence that technology is having on creating a Portfolio (be it a Mutual Fund or Portfolio Management Services)? As an investor, you need to decide how you will allocate your portfolio as well as what kind of investing philosophy you wish to follow. You need to determine how much of your individual judgment you want to use for building your portfolio, compared to going with the overall flow of the market. That is where active and passive investing styles come into play. Broad

In your journey towards wealth creation, investments are of greatest importance. Depending upon an individual’s financial requirements along with the ultimate goal of wealth creation, there have been several options when it comes to investing your hard-earned money. Generally, you can invest in asset classes of broad categories:  high-risk an investment  like real estate, equity shares or mutual funds,  a low-risk an investment  like fixed deposits, government bonds or postal schemes. What is ELSS (Equity Linked Saving Schemes)? E LSS funds are equity funds that invest a major portion of their corpus into equity or equity-related instruments. ELSS funds are also called tax saving schemes since they offer tax exemption of up to Rs. 150,000 from your annual taxable income under  Section 80C  of the Income Tax Act.  Who should invest in ELSS? ·          If you are someone who has just started earning and are looking for a safe and reliable investment, then you could consider ELSS.