Friday, June 29, 2018

HDFC Mid-Cap Opportunities Fund

Best SIP Funds to Invest Online 


The aim of the HDFC Mid-Cap Opportunities Fund is to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of mid- and small-cap companies.

A remarkably consistent performer in a very whimsical category, this fund has stayed put at a four star rating for the last seven years.


Usually parking about 55 to 65 per cent in mid-cap companies, the fund has tended to invest about 30 per cent in large-caps, with a residual position in small-caps. Broadly it has been underweight on small-cap stocks relative to the peers in this category. The fund follows a growth at a reasonable price strategy.


While the HDFC Mid-Cap Opportunities Fund three-year return, at 17.9 per cent, is one percentage point ahead of the category and its benchmark returns, the five year returns are 6 percentage points higher than the benchmark returns and beat its peers' returns by about 3 percentage points. What stands out in its annual returns is its ability to weather any kind of bear market. In 2008, 2011 and 2013, this was a rare mid-cap fund to contain losses to levels far lower than those of its benchmark.


While many mid-cap funds have struggled to beat their benchmarks in the last one year, this fund has held up better. However, popularity has resulted in a rapid burgeoning of the fund's size, from under Rs 10,000 crore in early 2016 to over Rs 19,000 crore now.


HDFC Mid-Cap Opportunities Fund makes it by far the largest fund in this category. So far, size has not proved a big impediment to performance but the returns do bear watching for this reason.



SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

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SBI Magnum Global Fund

Best SIP Funds to Invest Online 


HOW SBI Magnum Global Fund PERFORMED? 
With a 10-year return of 14.67%, the fund has lagged behind the category (15.18%), but outperformed the benchmark index (11.39%). 

Growth of Rs 10,000 vis-à-vis category and benchmark 





WHERE DOES THE FUND INVEST?
scheme-portfolio




Should You Buy SBI Magnum Global Fund? 
This fund will soon shed its mid-cap positioning and transform into a multinational company- fund, in compliance with the regulator's fund recategorisation exercise. This means it will invest at least 80% of its corpus in companies with global ownership or ones that get more than 50% of revenues from abroad, apart from stocks listed abroad. 



The mid-cap bias will now give way to a multi-cap approach, covering MNCs of all sizes. The fund's portfolio is, therefore, likely to take on a very different hue in the coming months. 

However, a big churn in its portfolio is not likely, as it already boasts 60% exposure to MNC stocks. As it will become a thematic fund, investors will have to approach it as such. Its past return profile is no longer reflective of its new avatar, so investors should treat this as a fresh start. 


 



SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

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AXIS LONG TERM EQUITY Fund

After scorching performance charts for many years, this fund has seen a blip in its return profile recently, even as it attracted huge inflows during this period.

The fund manager continues with the same proven approach focusing on quality stocks with scalable business models and has strictly avoided beta-driven plays--picking stocks that move higher, in either direction, in relation to the market--which have been preferred by the market of late. He continues to run a concentrated portfolio, even with a larger corpus.

The only change in the portfolio is the higher tilt towards large caps, taking cognizance of higher valuations in mid-caps. Investors should avoid exiting the fund on its recent performance and monitor its performance over the next 6-12 months.











Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 10 Tax Saver Mutual Funds for 2018

Best 10 ELSS Mutual Funds to invest in India for 2018

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. ICICI Prudential Long Term Equity Fund

5. Birla Sun Life Tax Relief 96

6. Franklin India TaxShield 

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Birla Sun Life Tax Plan



Invest in Best Performing 2018 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

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Thursday, June 28, 2018

New LTCG Tax

Best SIP Funds to Invest Online 


The proposal to tax long-term capital gains from equity funds has miffed investors. Their returns will now be lower than anticipated. 

This could change the way people prefer to invest their savings. For instance, equity-linked savings schemes (ELSS) could lose the tax-free status that made them among the favoured options for investors looking to save tax. 

Also, given that equity funds will not be allowed indexation benefit, the tax disparity between equity and debt schemes has narrowed, making debt funds and FMPs more attractive now. 

ELSS can still yield higher post-tax returns
Even after 10% tax, ELSS funds retain high wealth generating ability. 



Continue Investing in ELSS

The tax on LTCG will make tax-saving options such as the Public Provident Fund (PPF) and Ulips more tax-efficient than ELSS funds. These will continue to be tax free while the gains from ELSS funds will be taxed at 10%. But experts say investors should not shun ELSS because of the new tax. The different nature of these investing avenues means each has a different role to play in an investor's portfolio. Being pure equity based instruments, ELSS funds have the potential to generate higher returns, making them an ideal long-term investment, irrespective of the new tax. For aggressive investors, ELSS still remains lucrative as the post-tax return will be greater than PPF and high cost Ulips

 
Low cost Ulips, sold online directly by insurance firms, can possibly provide returns comparable with ELSS over the long term. But unlike Ulips, ELSS offer greater flexibility to investors. They don't have to make a multi-year commitment and can shift to another fund if a scheme is underperforming. In case of underperformance in a Ulip, the investor can only switch between funds offered by that Ulip. "ELSS funds have lost some of their sheen but they still remain the best option in the 80C basket for long-term wealth creation 

Avoid Ulips, insurance policies
After the Budget announced the tax on LTCG, insurance companies have started giving ads highlighting the tax-free returns from insurance policies and Ulips. However, financial planners advise against investing in these plans. We prefer to recommend investment products which give taxable returns but perform better than products which are tax free but give low returns. Mutual funds remain our first choice, not tax-free insurance policies

n any case, insurance and investments should not be combined in one product. A term plan serves the objective of protection better and mutual funds generate higher returns. 
If you want to save tax under Sec 80C, a combination of ELSS and PPF is perhaps the best option. While ELSS generate higher returns, PPF provide a stable foundation with assured income. Ideally, investors should have a mix of ELSS and PPF, and not use one instead of the other. This fetches the investor three benefits under one basket—asset allocation afforded by mix of equity and debt, safety of a government backed vehicle and pure growth of an equity offering 





 
 




SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

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Submit Forms 15G, 15H to avoid TDS

Best SIP Funds to Invest Online 


Tax deducted at source (TDS) is a major worry for fixed and recurring deposit investors. Currently, banks deduct TDS if the total interest earned is more than Rs 10,000 in a year. The only way to avoid it is to submit the Form 15G or 15H on time. Form 15H is for senior citizens and 15G for those below 60. Since banks consider the total interest payable in a year and not total interest paid in a year for computing TDS, the deduction is made at the beginning of the financial year. So, it is best to hurry and submit the relevant forms in the first week of April itself. However, you need to be careful. People who have taxable income are not eligible to file 15G and 15H forms. If you file it illegally, the IT Department can take action against you 


The government has provided a big relief to senior citizens in its latest Budget, raising tax free interest from Rs 10,000 to Rs 50,000. So, senior citizens earning interest up to Rs 50,000 can submit Form 15H and avoid TDS. Note that this new Rs 50,000 limit under Section 80TTB is for deposits across all banks and post offices. 

Are you eligible to submit Forms 15G, 15H? 
Avoiding TDS by submitting forms 15G and 15H illegally can lead to action by the taxman.
tds-forms
*Total income before availing of section 80C deductions. 

SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Reliance Vision Fund

Best SIP Funds to Invest Online 

HOW HAS Reliance Vision Fund PERFORMED? 

With a 10-year return of 10.33%, the fund has outperformed both the category (10.01%) and the benchmark index (8.6%). 

Growth of Rs 10,000 vis-a-vis category and benchmark 






Should you buy Reliance Vision Fund? 
Although classified as a large-cap offering, it is being positioned as a large- and mid-cap oriented fund. Its long-serving fund manager prefers growth businesses with an emphasis on quality. He runs a compact portfolio and is comfortable taking large positions in select stocks and sectors where he has strong conviction. Currently, the fund has large overweight positions in auto and engineering stocks and has also bet heavily on select MNCs. 

Reliance Vision Fund distinct and aggressive approach often results in bouts of sharp over- and under-performance relative to index and peers. It enjoyed a strong run last year, but has been lagging behind this year. Investors may see improved returns once the fund's transition phase is over—but it will be suitable only for aggressive investors. 



SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Things to check while Buying a Home

Best SIP Funds to Invest Online 


Buying a piece of property, whether residential or commercial, is definitely a lifetime investment for all of us. It is one of the most crucial decisions of our life as this might involve taking a good amount of loan, followed by monthly installments, etc. Therefore, it is important to check a few things before investing in any property.

Following are some of mandatory things to check while buying a property in current times:

1. See it to believe it: An essential step for a buyer, when the property is under construction or when it is a ready-to-move-in apartment, is to get the clear idea of the property. When the property is under construction, it's better to make regular site visits to check the status of your construction and quality of materials being used for the construction purpose. When the property is a ready-to-move in, visiting the site gives the clear vision of the property: it's neighbouring area, facilities the developer is providing etc.

2. Verification of Approvals and Licenses: Verification of the paperwork ranging from commencement certificate for work, environmental clearance and approved building plans plays a vital role. There are documents like Title Deed, Release Certificate, Check Encumbrance Certificate, Approvals by Local Body, which should also be verified. It is always recommended that a person should go for a RERA-registered project.

3. Choose the right developer: As a buyer one can verify the developer by knowing his past or current projects or even post queries on the various online real estate forums. This is important to overcome the unnecessary hurdles which can create problems in the process of buying a property.

4. Calculate the total cost: It has generally been observed that many times brokers just mention the basic cost of the property and not other things like internal/ external development fees, preferential location charges, etc which shoot up the total cost. So, in such cases it becomes very important to calculate the total cost of the property.

5. Possession timeline: If the property is RERA-registeted, you should check the RERA website for knowing the project completion and possession timeline committed by the developer. This will help you know by when you can expect the possession of the project.

Keeping in mind the above-discussed points can help a buyer buy a home which won't give any trouble going ahead. There is a saying that 'Precaution is better than cure', which should be exercised while buying a property.


SIPs are Best Investments when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

For more information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Earn more from your Idle Money in the Bank


Earn more on your idle bank balance

Here's how you can earn double the returns you get in a savings bank account without compromising on liquidity



Earn more on your idle bank balance


The charm of a savings bank account lies in the flexibility it offers to call your money at will. But it comes at a cost as the money idling in your bank account earns a meager 4%. So is there a way out? Is it possible to earn superior returns as well as get instant liquidity?


Earn more on your idle bank balance



As the chart above shows, you can effectively double the return on your money, simply by keeping it in ultra short term funds rather than savings bank accounts. This can make a huge difference to how much you earn on your idle money. For instance, a Rs 3 lakh corpus can earn Rs75,000 more in ultra short term funds than in your savings bank account in 5 years' time.


This Strategy doesn't come at the cost of liquidity.


You can earn higher returns whilst keeping your money available at short notice. Here's how

At your beck and call

There are many reasons why you need some money close at hand. If you or a loved one falls ill or if you need to conduct urgent repairs. You also need money to pay bills whose amount you cannot fully predict, as anyone who has been an MSEB customer would know. But is this money doomed to sit in your Godrej Almirah or bank account earning somewhere between zero and four percent? Or do you have to lock it away in Fixed deposits for that extra return?

Not any more. The Indian Mutual Fund industry now offers an instant redemption facility which allows you to keep your day-to-day or emergency money in an ultra-short term fund or a liquid fund. These funds earlier allowed you to redeem your money within one day if your request was submitted before 3 pm. Now you can get your money instantaneously at the click of a button, and earn a higher interest rate on it.


Some might argue that it is better to keep it in short term fixed deposits. However these instruments are not flexible - the term may be short but it is fixed and premature closures will attract penalties.


There are of course some caveats. The fund will typically stipulate a limit on the amount of money you can get at a moment's notice and it will also limit it as a percentage of your holding with the fund. However does that defeat the purpose of the offering itself? We think not.









Invest Rs 1,50,000 and Save Tax upto Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Performing ELSS Funds

Top 10 Tax Saver Mutual Funds for 2018

Best 10 ELSS Mutual Funds to invest in India for 2018

1. DSP BlackRock Tax Saver Fund

2. Invesco India Tax Plan

3. Tata India Tax Savings Fund

4. ICICI Prudential Long Term Equity Fund

5. Birla Sun Life Tax Relief 96

6. Franklin India TaxShield 

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Birla Sun Life Tax Plan



Invest in Best Performing 2018 Tax Saver Mutual Funds Online

Invest Best Tax Saver Mutual Funds Online

Download Top Tax Saver Mutual Funds Application Forms


For further information contact SaveTaxGetRich on 94 8300 8300

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

Leave your comment with mail ID and we will answer them

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300