Career Search

Monday, November 21, 2016

Income Volatility




Uncertainty of income would be worrying for all. In a company, sales growth is tracked closely to understand how well revenue is growing. In an individual context too, income volatility matters. If you are in a government job, income is a given and so is pension. But if you are working with a private enterprise-especially one that's newly formed-your income growth will depend on company policies, and job security can be an issue.


Volatility of income and certainty of job also have an impact on the asset allocation strategy. Investors who have jobs with high incentives components or bonus need to have a more conservative investment strategy than those with jobs that are more certain and less volatile


Income volatility can be due to other reasons as well. Bonuses are an annual windfall and difficult to account for. But many people bunch insurance payments during particular months, and in those months, other investments become difficult. In festival months, sometimes there is irrational expenditure, which can change the overall money plan







-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in India for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

-----------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

 

No comments: