Monday, November 25, 2013

Bank RDs

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

Bank Recurring Deposits

Apart from the 15 per cent short-term capital gain, for the first year, equity funds are largely not subject to taxation.

Volatility is lesser in case of debt funds compared to equity funds. Debt funds invest heavily in debt instruments, like debentures, corporate bonds and government securities. Almost 75 to 80 per cent of the money is invested in debt and the remaining in equity and cash.

Debt funds are subject to long-term capital gain and the profit is taxed at 10 percent without indexation or 20 per cent with indexation, whichever is lower. At present, debt funds are providing around 8 per cent returns, but the yield will go up when the interest rates come down. There were times when debt instruments gave 12 to 13 per cent yield. With the indexation, the returns from debt funds are better than POMIS and bank RDs in beating inflation.

It is also possible to make monthly investments in balanced funds, which have 65 to 70 per cent exposure in equities and the rest in debt.

Similar to equity funds, balanced funds with 65 per cent exposure to equities are subject to short-term capital gains.

There are several hybrid funds available in the market that invests in equities, debt and gold in different proportions. Balanced funds and hybrid funds are efficient in providing effective portfolio diversification. Many hybrid funds readjust their allocation in different assets according to the market conditions so that the investor makes most of the situation.

Systematic investment into gold ETFs is also getting popular among investors who have a long-term perspective on the metal. The investor can make use the of the price movement in the metal and accumulate units on a monthly basis. The units can be redeemed at the end of the tenure. Gold is often considered a good bet in the long term.

Several financial institutions and jewellers are also offering monthly investment plans in gold. Redemption in these gold accumulation schemes is often made in gold at the end of the tenure. The accumulation of gold depends upon the price movement during the tenure.

Chit funds are a popular means of credit in the semiurban and rural areas. In Kerala, the government itself runs chit funds through Kerala State Financial Enterprise. A fixed number of subscribers make monthly contribution to the fund. Each month a subscriber gets the sum assured. More than the returns, chit funds provide the subscribers easy access to capital but they are less transparent than other investment avenues and carry a bit more risk

Happy Investing!!

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

Leave your comment with mail ID and we will answer them

OR

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

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

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

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

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

0 comments: