What is GST?

The Prime Minister is currently in Japan where he was asked when GST (Goods and Service Tax) will be implemented and he responded by saying that GST will not be implemented by the current government. GST is one single tax that will replace all existing indirect taxes, and it is supposed to simplify the tax […]

Columbia Mutual Funds

November 29, 2006

Disciplined investing, client focus, powerful resources and proprietary research are the driving force behind Columbia Management, one of the world’s largest and experienced investment companies. A primary investment management division of Bank of America Corporation, Columbia Management is an embodiment of diverse investment strategies, effective solutions and a trusted partnership with clients all of which […]

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AIM MUTUAL FUNDS

November 29, 2006

Dedicated to building solutions for its clients Aim Investments offers exceptional products and services through its multiple investment portfolios such as mutual funds, retirement funds, exchange-traded funds, cash management, college savings plan etc. Founded in 1976, AIM has earned its reputation as one of the leading Investment Management firms in the United States through decades […]

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Tax Benefits of Mutual Funds in USA

November 27, 2006

In America, there are two ways to invest in Mutual Funds. There are people who give taxes annually depending on their capital gains or the dividend received from the fund. The capital gain taxes are levied on the money received when appreciated assets are sold out. These taxes are ample as compared to gains and […]

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Tax Benefits of Mutual Funds in India

November 27, 2006

Tax is a certainty when you go out to invest in any scheme. But one has to look at various aspects to avoid such taxes. Many people who invest in Mutual Funds look out for Tax-savings. The Government of India revised various Taxation schemes for providing tax-benefits to the investor. Starting from, April 1, 2003, […]

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Purchase Redemption and Repurchase Price

November 27, 2006

Under various schemes offered by the Mutual Fund, the units of funds are purchased, redeemed, and repurchased. These prices vary according to the type of funds one deals in and the fund’s portfolio must be thoroughly studied before investing in y\the fund. Purchase Price Purchase price or sales price is the price paid to buy […]

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Evaluation Criterion while buying a Mutual Fund

November 27, 2006

There are various aspects that should be looked into before putting your money into the Mutual Funds. First of all the prospectus or the offer document must be studied in detail before investing. Various aspects covered must include: Main features of the scheme followed: A Mutual Fund offers various schemes that are categorized according to […]

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Benefits of Investing through Mutual Funds

November 27, 2006

Don’t be under the wrong notion that investment in mutual funds is a complex process and is not your cup of tea. It is rather an investment company that pools your money for the mutual benefits of those who invest in it. The benefits of mutual fund investment include: Money Management by Professionals: One might […]

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Different Schemes under Mutual funds – Tax Savings, Sectoral and Index

November 27, 2006

Tax Saving Schemes These schemes give tax rebates to the investors under explicit requirements of the Income Tax Act, 1961 as well as saving in Capital Gains under section 54EA and 54EB, as the Government offers tax incentives for investment in particular avenues. Pension schemes offered by Mutual Funds, equity linked savings schemes are allowed […]

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Roth IRA Misconceptions

November 21, 2006

Roth IRA is one of the most favorite retirement plans taken by most American employers. Its tax saving benefits has made it one of the popular plans in United States. In spite of the popularity, not many people know the intricacies of the plan. Often the general mass has fewer facts and more misconceptions about […]

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JANUS MUTUAL FUNDS

November 20, 2006

Janus Capital Management, one of the largest equity managers in the United States of America manages over $76 billion in mutual funds on behalf of their investors. The underlying focus of the company is on growth and core international mutual funds, extending their reach into balanced fixed income and money market funds. With about, 40 […]

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