1. Invest in tax-saving options like Public Provident Fund (PPF) and National Savings Certificate (NSC) to claim deductions under Section 80C 🏦

2. Opt for the National Pension System (NPS) to claim an additional deduction of up to Rs 50,000 under Section 80CCD(1B) 🧓

3. Make donations to charitable institutions and relief funds to claim deductions under Section 80G 🫰

4. Use the medical bills or health insurance premiums for yourself, your spouse, or your dependent children to claim deductions under Section 80D 🏥

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@TickertapeIN

Dec 13, 2022

Let’s be honest, you check your portfolio at least twice a day to see if it's green or red 💼

But what if we told you, we can give you more information than that which might level up your investing game? 🏏

Check it out! 👇

So, what we’ve done is added ‘In-depth Portfolio Analysis’ 🤓

With this, you can analyse every nook and cranny of your portfolio with valuable information that will actually help you 🫡

Let’s dive into the details a bit!

Sankey

A Sankey is pretty much an easier way to look at how your money is invested and it breaks it down into specific categories like market-cap or sector 📊

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@TickertapeIN

Sep 30, 2022

Have you just started investing and wondering how much returns you can expect from various asset classes?

Well on Day 5 of #navratri2022, let’s talk about the 10-5-3 Rule 📏

This is a pretty simple one, it simply gives you an idea of how much you’ll make from your investments and splits it up like this:

Long-Term Equity - 10%
Debt Options - 5%
Savings Account - 3%

Long-Term Equity options consist of stocks, ETFs, and equity mutual funds 🕐

Debt Options are fixed deposits, debt mutual funds, and national savings certificates 🏦

Savings account returns are the interest rate banks offer you on your liquid money 💵

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@TickertapeIN

Sep 29, 2022

Navratri is four days old and you’re also four days older since the start of these threads 🧵

So, how should you be allocating your stocks, and why are we talking about your age? 🤔

Because of the 100 Minus Age Rule 😎

The 100 minus age rule is a general rule of thumb that says that 100 minus your age should be invested in equity and the rest into relatively safe assets 🔒

So, suppose you’re 25, according to the rule, 75% of your portfolio should be equity 🌱

This rule aims to reduce your risk appetite as you grow older 🧓

You can also segregate your equity into different categories that match your risk tolerance such as blue chip stocks, high-risk equity mutual funds, etc 🥧

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@TickertapeIN

Sep 27, 2022

Back with Day 2 of Navratri and another rule of investing for you 😎

You might not be getting pyaaj served, but today you’ll get the Rule of 72/114/144 🧅

Rule of 72

This rule essentially determines how long your money will take to double, be it ‘25 din’ or 25 years, it’ll tell you 📣

Just divide 72 by your rate of return. For e.g., 72/12 = 6 years

If you invest ₹1000 at 12% it’ll take 6 years to become ₹2000 📈

Rule of 114

This is similar to the Rule of 72 but instead, it shows you how long it will take for your investment amount to triple!

Just divide 114 by your rate of return. For e.g, 114/12 = 9.5 years

So if you invest ₹1000 at 12%, it’ll take 9.5 years to become ₹3000 🙈

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