In the world of investing, the age-old saying, “Don’t put all your eggs in one basket,” holds true. Diversifying your investments across various assets is a prudent strategy to manage risk and potentially secure steady returns. However, selecting the right mix of investments can be a daunting task for many. This is where Multi-Asset Allocation […]

Traditionally, ELSS funds were actively managed by fund managers. However, with the growing interest in Index Funds, Asset Management Companies (AMCs) are now launching Passive ELSS Funds to provide a cost-effective alternative to investors. In this blog post, we’ll delve into what ELSS index funds are and explore why passive funds are becoming increasingly popular […]

Introduction In the realm of taxation in India, Section 80C stands as a well-known avenue for individuals to save on their tax liabilities through eligible investments under the old tax regime. It allows you to reduce your taxable income by investing in specific financial instruments. One of the key attractions of Section 80C is that […]

Jio Financial Services (JFSL), a company that demerged from Reliance Industries, made its debut on the stock exchanges this week. For those who received JFSL shares following the demerger, understanding how to calculate their capital gain liability upon selling these shares is crucial. This guide aims to break down the process in a clear and […]

Introduction In a world that is constantly evolving, where every child’s dreams deserve to flourish, the Sukanya Samriddhi Yojana (SSY) is as a beacon of hope. Born out of the Government’s Beti Bachao, Beti Padhao campaign, this scheme stands as a pillar in the journey of securing a girl child’s future. But what exactly is […]

Introduction With the tax deadline just around the corner, it’s time to gear up and file your tax returns for the financial year 2023. The last date for filing tax returns is July 31, and if you haven’t filed your returns yet, now is the time to get started. One crucial aspect of filing your […]

Introduction With the tax season round the corner, it’s important to have a good understanding of the process and gather all the necessary documents for filing your income tax returns. At MProfit, we’re here to help you navigate the process of filing your tax returns. Filing your income tax returns accurately and on time helps […]

The Tax Returns filing season for FY23 is here, and taxpayers now have the option to choose between two tax regimes: the Old Regime and the New Regime. But to do that, taxpayers now need to be aware of the advantages and limitations of each regime. So, let’s understand both options and then you can […]

Introduction In today’s dynamic financial landscape, mutual funds have emerged as a popular investment tool for individuals and families looking to grow their wealth. To gain deeper insights into the field of mutual fund distribution, we had the privilege of speaking with Shankar Bhatt, the Founder and CFP of Credo Capital. With 16 years of […]

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 […]

Investing in mutual funds has become increasingly popular in recent years, with thousands of options available to investors. But with so many choices, it can be challenging to determine which funds are the right fit for your investment goals. In this article, we will cover the basics of mutual funds, including different types of funds, […]

Meet Kanwardeep Singh, a savvy investor from Mumbai who has been reaping the benefits of investing for several years. Over the years, Kanwardeep has generated excellent returns, with a portfolio focused on equity mutual funds. In this post, we take a closer look at his investment journey and how MProfit has helped him to track […]

Equity and Debt investments are distinct asset categories in which people invest their money. However, novice investors might not be familiar with the difference between the two. This article will enlighten your understanding of these basics of investing. Equity and Debt comprise different products which offer different rates of returns to investors. Debt instruments are […]

Investing in different asset classes is known to offer returns to an investor, but there are risks associated as well. Investors need to understand what is investment risk and what are the different types of risk that affect the value of their investments. This article will provide insights on the topic. So what are the […]

Investors are always on the lookout for promising avenues to invest in. Today, there are many asset classes in India for investors to choose from. If you are a novice investor, it is important to learn the basics of investing and explore the different types of investments that can help you meet your financial goals. […]

Imagine making your money work for you in a way that gets you extra returns on your investments. Wouldn’t that be amazing? This is what compounding is all about.  Most investment avenues today offer the benefit of compounded returns. If you give time to your investments, you can unlock their compounding potential and get exponential […]

Learning how to invest may seem daunting at first. Many young working professionals who have just begun their careers may find it difficult to begin investing because of a lack of financial literacy. Financial literacy comes with time and discipline. Here’s five basic rules that one must always keep in mind, before starting out as […]

Why do you put in hard work to earn money? A very simple question with a very simple answer – to fulfill your and your family’s financial needs. However, just earning money does not ensure that your financial goals would be met. For that, you need a corpus and this corpus can be accumulated if […]