Invest In Tax Saving Mutual Funds Online
Under most circumstances, investors are better off investing in mutual funds where they get the advantage of diversification and expert fund management. With a limited amount of money, it is difficult for most investors to build an adequately diversified portfolio of stocks. Moreover, most investors lack the knowledge and expertise required for stock selection. Expert fund management also calls for access to a database of companies (annual subscription to which costs about Rs 75,000 per year). Moreover, fund managers at mutual funds have access to company management. They speak to them regularly and are the first to know about a development, positive or negative, at a company. If you are keen on investing in stocks, set aside a small sum of money (apart from what you invest in other investment instruments) for investing in stocks. Look up the stock's vital statistics: growth in revenue, operating profits and profit after tax over the last three to five years. Check out its level of debt (shouldn't be too high). Check out return ratios such as return on equity and return on capital employed. Choose a stock that has the better numbers. Furthermore, make sure that the stock you are considering is available at an attractive valuation (low PE, PB, and PEG).
All the above checks establish the stock's track record. Next, go through its annual report (particularly management analysis). Finally, lay your hands on a few recent reports issued by brokerage houses on that stock. Together with the annual report, these brokerage-house reports will give you a good sense of whether the stock enjoys sound prospects. Only if all is well should you invest in the stock with a horizon of at least three to five years. Every six months, check to ensure that all is well with the stock. As you can see from the above, investing in stocks requires time and effort. It should only be undertaken if you have the required knowledge, expertise and time
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- ICICI Prudential Tax PlanInvest Online
- HDFC TaxSaverInvest Online
- DSP BlackRock Tax Saver FundInvest Online
- Reliance Tax Saver (ELSS) FundInvest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) FundInvest Online
- SBI Magnum Tax Gain Scheme 1993Invest Online
- Sundaram Tax SaverInvest Online
- Edelweiss ELSS Invest Online
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFundsInvest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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