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Articles
Written by Snehil
Financial guides and detailed articles written by Snehil.
₹28 Lakh CTC In-Hand Salary: Slabs, Deductions and Monthly Take-Home Pay Breakdown Explained
Key Points For an executive ₹28 Lakh Cost to Company (CTC) package, your estimated net monthly in-hand salary is approximately ₹1,76,689 under the New Tax Regime. Total …
₹55 Lakh Home Loan EMI for 20 Years at 8.5% Interest: Monthly Repayment, Total Interest and Affordability Explained
Key Points A ₹55 Lakh home loan at an 8.5% interest rate for a 20-year tenure (240 months) requires an Equated Monthly Installment (EMI) of approximately ₹47,730. Over t…
Multi-Asset Allocation Funds vs. Pure Equity Mutual Funds: Asset Allocation Rules, Risk-Adjusted Returns and Tax Advantages Explained
Key Points Under SEBI categorization rules, a Multi-Asset Allocation Fund must invest in at least three distinct asset classes (typically Domestic Equities, Debt, and Go…