I have been receiving a bunch of questions about what NAV means so let’s tackle that topic today. NAV stands for net asset value, which represents the net value of a fund. It is the total value of a fund’s assets minus the total value of its liabilities divided by the number of units issued.Continue reading “Mutual Funds Decoded -2”
Tag Archives: Financial planning
HRA and Tax saving
You may not have your own house with a loan (as yet) but that doesn’t mean that you cannot avail of tax benefits. Even if you are staying on rent and your company is paying you house rent allowance (HRA) you can avail tax benefit. Many a times, your company’s HR department does the taxContinue reading “HRA and Tax saving”
