PenguWIN’s Session at Anna University Alumni Club on 10th Dec 2014
Dear Friends, I have always been passionate to spread the awareness on personal finance and investments and have been looking forward to such opportunities. One of my close friends and client mentioned about this opportunity of knowledge sharing session conducted at the prestigious Anna University Alumni Club, set up in the most expensive place in Chennai – “Boat Club”. The membership to this club is restricted to College of Engineering, Guindy, Alagappa Chettiar College of...
Wealth Creation through Equity Mutual Fund Investment
Dear Friends, Last week I received a call from one of our initial clients saying that she wanted to start investing in Mutual Funds again. She had invested in HDFC Equity Fund through us in March 2007 when she was in Chennai but moved to a different city after that. In 7.5 year’s time, the investment has grown by a whopping 3.5 times. The investment amount was small and hence the value today might...
Excellent Tax Saver and Long Term Wealth Builder – ELSS
Dear Friends, Investors typically run around for Tax Saving options during the months of Jan and Feb to maximize Section 80C benefits, when the payroll processing team chases them to submit the actuals for IT exemption. Though declarations are submitted during the start of the year by May or June, which is essentially the plan on how the investments are proposed, most Investors are oblivious of this proposal and remember it only in Jan,...