Gold, renowned for its reliability as an asset class, delivered impressive double-digit returns in 2022. As investors seek opportunities to diversify their portfolios, they often turn to this precious metal. Have you ever considered Sovereign Gold Bonds (SGBs) as an alternative to physical gold? Not only do SGBs offer the potential for gold returns, but […]
Planning for retirement can be a daunting task. This is why there are retirement-focused investment products that enable you to financially secure your future! One such product is the National Pension Scheme (NPS). In this article, we will discuss the key features of NPS and why it is considered a useful tool to save for […]
If you’re looking for a way to invest in the stock market without having to pick individual stocks, equity mutual funds could be a great option. However, with so many different funds available, it can be difficult to know where to start. In this guide, we’ll take a closer look at the various types of […]
As per the new Finance Bill, it seems that Taxation rules for Mutual Funds might be changing in the near future. It seems that starting 1st April 2023, gains on Debt Mutual Funds might no longer receive a long term benefit with indexation, and they’ll be taxe as per one’s income tax slab rate. If […]
At MProfit, we get many queries from customers on the best way to financially plan for the future. Due to the frequent queries, we are starting a new blog and YouTube series called MProfit Basics. MProfit allows you to organize, manage and track all your investments, making it easier to plan for the future. In […]