Your Questions Answered: What is the difference between mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index?

Your Questions Answered: What is the difference between mutual funds tracking Nifty Bank Index and Nifty PSU Bank Index?

Nifty Bank Index vs. Nifty PSU Bank Index Investing in mutual funds that track specific indices is a popular strategy for many investors, offering a way to gain exposure to particular sectors of the market. In India, two notable indices that mutual funds often track are the Nifty Bank Index and the Nifty PSU Bank … Read more

Your Questions Answered: How does tax-loss harvesting work and can it minimise my tax outgo?

Your Questions Answered: How does tax-loss harvesting work and can it minimise my tax outgo?

Q. I am Ranjan. I want to harvest tax loss for my investments. How does tax-loss harvesting work? How can it help minimise my tax outgo? What are the risks? Tax-loss harvesting is a strategy used to minimise tax liability by selling investments that have declined or are declining in value. When an investment is … Read more