Investing in bonds has always been considered a safe and steady way to grow wealth. However, the high entry cost, often requiring a minimum of Rs. 1 lakh, has discouraged many retail investors. This high barrier has made it difficult for smaller investors to take advantage of the benefits of fixed-income investments. The great news …
I am 35 years old. How should I Invest Rs. 10 Lakh with equities, FDs, Mutual Funds, and SGBs to diversify my investment portfolio?
I’m 35 and began investing in stocks 5 years ago. I’ve saved around Rs 10 Lakh, split between stocks (50%), fixed deposits (15%), mutual funds (25%), and sovereign gold bonds (10%). Now, I want to mix things up and try out different investment options. Where should I begin? After 30s, planning your money is highly …
Which taxes are applicable if you sell Gold or SGB (Sovereign Gold Bonds) in 2024
In today’s world of investment, Gold investment is the most preferred and popular choice among investors. People love it because it’s seen as a safe bet when things get shaky, and it can also make you richer over time. And now, there’s another option called Sovereign Gold Bonds (SGBs), which is backed by the Government …