Friday, July 5, 2013

Where to Invest for Short Term - Ultra Short Term Debt Funds

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Ultra short-term debt funds suit the needs of those looking to invest for less than a year...

 

With less than a year at hand, you should rule out equity, as your investments in equity funds can depreciate catching a low phase of markets.

 

You can consider investing in debt funds, but even in a debt fund you will get the proceeds of redemption on the next business day. If liquidity is high on your priority, keep the money in a savings bank account otherwise consider investing in ultra short-term fund.

 

This category of funds has delivered a return of 8.89 per cent over the past one year. These funds invest in corporate papers like commercial papers, certificate of deposits, bonds etc of maturity up to one year. Although, the returns are market linked and these funds are exposed to credit risk, they do not materialise risk. They are tightly regulated and monitored by SEBI to guard investor's interest. Also, the interest rate risk is low due to investment in paper of smaller duration. These funds generally invest in papers with maturity up to one year.

 

These funds are more tax efficient than bank term deposits as the dividends are taxed at a lower rate of 13.5 per cent including surcharge and cess. Although short-term gains (less than a year) from these funds will be added to the individual's income but long-term gains will be taxed at 10 per cent without indexation and 20 per cent with indexation.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

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You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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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 )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

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Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

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