January is the start of a new calendar year; but for many people, it is also the start of the search for a tax-saving product for the current financial year. Saving taxes is equal to earning extra income. Several tax-saving products, ranging from traditional insurance policies to...

Equity mutual funds (MFs) are run by expert stock-pickers. They have access to huge resources of research about which companies are likely to do well; they can apply sophisticated approaches to judge whether the valuation is right and assess whether they should hold till the time they think...

Tata Mutual Fund is set to launch its latest open-ended equity-oriented scheme called Tata Balanced Advantage Fund. This is a hybrid scheme that invests in equity as well as debt assets. This scheme-type is also called dynamic asset allocation, by some fund houses.    What sets this...

The best three and the worst three schemes over the past three years ranked by their quarterly rolling returns. Premium members get access to a more refined list of top schemes by logging in to Moneylife Advisory  

In a recent issue of the magazine, we shed light on the best fixed-income products for the long-term. We showed that short-term debt schemes of mutual funds (MFs) outperformed both, bank fixed deposits (FDs) and equity arbitrage schemes, after taxes, for investors in the higher tax slabs. For...