What is Liquid Mutual Funds, Features & Best Liquid Funds
Liquid Mutual Funds are Debt Mutual Funds that invest in safe instruments with maturity of within 91 days like commercial papers, T bills, etc
Liquid Mutual Funds are Debt Mutual Funds that invest in safe instruments with maturity of within 91 days like commercial papers, T bills, etc
Income Mutual Funds are Debt funds that provide regular income on investments to meet post retirement expenses. Regular Income Mutual Fund
Hybrid Mutual Funds invest in equities and debt instruments, and hence helps us in diversification to minimize risk and get better returns..
Money Market Mutual Funds invest in debt instruments that have high credit ratings like certificate of deposits (CD), Treasury bills (T-bills)
Debt Mutual Funds invests in corporate bonds, government securities, commercial papers, etc. and provide decent returns with simple taxation..
Equity Mutual Funds invest in equities or stocks of the companies. At least 60% of Total Assets must be allocated to equity. Remaining to debt or cash..
Section 80C to 80U includes multiple tax saving options with old tax regime to reduce your tax liability. EPF, 5 Year Fixed Deposits, ELSS..
Types of Mutual Funds in India.. Based on Asset Class – Equity Mutual Funds, Debt Funds, Hybrid Funds, Money Market Funds..
Section 10(5) of income tax act allows income tax exemption for travel cost incurred by you within India as LTA exemption or LTC exemption..
Section 10(13A) of income tax act allows to claim HRA (House Rent Allowance) that you receive in your salary payslip if you pay house rent