Invest In Tax Saving Mutual Funds Online
India's gold attachment is legendary. Whether for sentimental, emotional or strictly investment reasons, we mean gold when we accumulate gold. For many of us, the obsession of gold makes the yellow metal a priority on our shopping list in festivals. However, curiously enough, it hardly makes it to our investment portfolio. The physical gold bought by us is rarely sold in the market due to emotional attachment towards it. But if you decide to buy units in gold exchange traded fund listed on stock exchanges, it will be easier to sell them when the prices rise.
This can be achieved quite efficiently enough. It is crucial that you allocated gold as a meaningful component of your investment portfolio. An allocation to gold really helps in terms of bringing down the portfolio risk by reducing their standard deviation of the portfolio. Gold acts as insurance in difficult times when equities are not doing well. And hence it is a smart idea to buy some gold in your portfolio. Experts advocate that 5% to 15% of your portfolio should be in gold. To achieve this, one simple option available is gold Exchange Traded Funds (ETFs) or gold ETFs as they are commonly called.
Gold ETFs provide ease of transaction, tax efficient nature, safety and small unit size such as one gram and half gram gold. But not many are aware of the fact that units of gold can be bought in a systematic manner – say one unit a month, by instructing your equity broker to that effect. There are automated gold ETF-Systematic Investment Plan (SIP) available with most equity brokers. If you do not have a demat account and a trading account do not worry, you can also go through fund of fund route to ensure that you can invest in gold ETF over a period of time. So, make the most of this route and keep adding gold to your portfolio at regular interval. This would provide a strong shield to your portfolio in times of economic slowdown.
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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 Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest 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 MutualFunds Invest 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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