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How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...

If you invest in gold, know that you will have to pay so much income tax on selling

  Gold is one of the most valuable metals in the world. Considering the returns it makes, it is a great option for long-term investment. This can be gauged from the fact that in the last three years, the price of gold per 10 grams has increased by about 20 thousand rupees. In this era of coronavirus, investment in gold has increased very fast.   There are four ways to invest in gold in India. Gold can be purchased in physical form in the form of jewellery or coins from a jewellery shop. However, quality, safety and high cost are always a concern in buying gold jewellery. At the same time, the second method is of paper gold. Gold mutual funds or ETFs are purchased in it. through this, gold can be bought and sell in the stock format in paper format. Apart from this, you can also buy digital gold from the e-payment platform. Apart from these, the government has now given people the option of buying Sovereign Gold Bonds in exchange for buying physical gold. Let me tell you tha...

Gold Deposit Scheme

  Buying gold and investing gold has been the first choice of Indians. Gold has been seen as a good investment option for a long time. Those who invest in gold consider it safe to keep their gold at home. But, keeping your gold in banks also has its benefits. However, even today people do not want to hand over the gold to anyone else, even if it is a bank. At the same time, the government and banks of the country constantly appeal that keep your gold safe with the banks.   Gold deposit scheme in HDFC bank and the country's largest bank SBI also benefits under a scheme for those investing in such gold.   State Bank of India (SBI) has two major benefits of Gold Deposit Scheme. First of all, it is the responsibility of the bank to keep your gold safe in banks. At the same time, it can also be earned through it. Generally, the consumer feels that his gold is kept only in banks. But, the reality is that gold is also earned on gold kept under a certain scheme. Let us know w...

Now buy gold from Amazon Pay for just five rupees

  If you want to buy gold and are killing your mind due to high prices, then you do not need to do so now. Amazon Pay, a financial services company of leading e-commerce company Amazon India has introduced a special facility for its users, allowing you to invest in gold. Customers can also buy digital gold for just five rupees on Amazon Pay. This digital gold investment facility is named Gold Vault.   Amazon Pay has partnered with SafeGold for this feature. SafeGold offers 24 carat gold of 995 (99.5 per cent) purity. With this offer, Amazon customers will have the freedom to buy and sell gold at any time without any hassle of renting a locker with competitive pricing and security. Amazon has launched its digital gold investment feature 'Gold Vault'. Users can buy digital gold of at least five rupees under Gold Vault.   Many digital payment platforms including Phone-Pay,   Paytm, Google-Pay, Mobikwik, Freecharge is also offering Digital Gold to customers. On m...

Investment in GOLD | Investing in gold through Pager Gold is a profitable deal

  Due to the global economic uncertainty due to the COVID-19 epidemic, there has been an increased interest in gold as a safe investment. In such a situation, you too can earn better profits by investing in gold. For this, mutual funds can also be resorted to. With their help, you can invest in yellow metal in many ways like Gold ETF, Gold Fund, Multi-Asset Allocation Fund and International Gold Fund. The special thing is that through these methods you do not buy physical gold but invest in paper gold, which has many benefits. In this, you do not have to pay the making charge or premium nor worry about the safety of gold. However, experts believe that its share in the portfolio should not exceed 10-15 per cent.   Gold Fund: Like any other mutual fund, you can also invest in a gold fund. It is an open-ended mutual fund scheme that invests in units of gold ETFs. You do not need a Demat account to invest in it. The special thing is that like any other mutual fund, you can in...

Gold at an all-time high ten-gram @ Rs 56191 with an increase of Rs 685

  Due to the uncertain global economic environment, gold and silver demand remains. Due to this, the prices of both metals are continuously increasing. Along with the international market, gold and silver prices are setting new records every day.   On Friday, on the Multi Commodity Exchange (MCX), gold futures once again set a new record of all-time highs. Gold opened at Rs 55506 per ten grams in the morning. In a short time, it rose by Rs 685 to Rs 56191 per ten grams. This is the new gold all-time high record. However, this boom could not last long and then broke down and fell below the level of 56 thousand. It is trading at Rs 55750 per 10 grams with a fall of Rs 95 at around 10 am. On Thursday, gold had closed at Rs 55,845 per 10 grams. This is the October delivery price.   Due to increasing interest in safe investment globally, prices of silver futures are also registering a steady rise. MCX began trading in silver at Rs 75,063 per kg on Friday. In a short ti...