Consider tax saving funds -- their average annual return over the past five years has varied from 16% to 108%.
The stock market regulator Securities and Exchange Board of India (SEBI) has brought in sweeping changes for the mutual fund industry. And here's how they will benefit you.
Two tax-saving funds that you might consider investing in. Here are their salient features.
If you are investing your money only in public provident funds then should you start putting your money in mutual funds' systematic investment plans?
Being an ELSS, it offers deduction under Sec. 80C
Kick start your saving and money management strategy at the age of 25, and build it up gradually.
Tax deductions and prioritising their sequence will help you streamline your investments for efficient tax saving.
With the tax-planning season in progress, you should brace yourself for a lot of 'noise' that you will soon be subjected to. The noise will come from various quarters. Mutual funds will hawk tax-saving funds (also referred to as equity linked saving schemes), while insurance companies will pitch in for ULIPs (unit linked insurance plans) and endowment plans.
It is a close-ended plan for a period of three years from the date of allotment of units, and will be converted into an open-ended one at the end of this tenure
While it is suggested that withdrawals and loans against long-term instruments are not the wisest steps, if you really need to do so, here are a few options. . .
So how does one go about comparing ULIPs vis-à-vis tax-saving funds? An illustration will help in putting things in perspective.
ELSS have a long and proven track record, which is missing in ULIPs
That's what ELSS investments have to offer, coupled with other benefits.
The choice of income tax saving instruments is important, but now you have to identify tax efficient investment options
At gross level, MFs mobilised Rs 43.67 lakh crore (Rs 43.67 trillion) in August.
Mutual fund investment is meant for long-term investors and one can easily make 15 per cent returns per annum over a 20-25 year time period.
Here we discuss two tools that if used optimally can save you heavy taxes. Both when used simultaneously create such synergy in tax savings that it is really mind-boggling. Read on. . .
Home loan interest rates are likely to increase in the next six months. Should this be a cause enough for you to prepay your home loan?
Fund managers of large-cap and equity-linked saving schemes (ELSS) have demonstrated a marked improvement in their performance over the past year, according to the latest SPIVA (S&P Indices Versus Active) report released by S&P Dow Jones Indices. In the one-year period ending June 2023, 17 per cent of active large-cap schemes outperformed the S&P BSE 100, compared to just 9 per cent at the end of June 2022. In the case of ELSS, there was a sharp improvement in performance, with 66 per cent of active schemes delivering better returns than the benchmark S&P BSE 200.
rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.
The tax filing season is here, and mutual funds have launched tax-saving products.
Pru Dynamic, Reliance Diversified Power Sector Fund, Pru Services Sector Fund/ Infrastructure Fund, Templeton Prima or Reliance Growth Fund can give you high returns in the next 3-5 years feels mutual fund expert T Srikanth Bhagavat.
The regulator has sought an increase in the investment limit for tax-saving equity mutual fund schemes to Rs 200,000 from the current Rs 150,000.
Follow this 15 x 15 x 15 rule to become a crorepati without taking big risks. Ramalingam Kalirajan explains how
Buying and selling of exchange trade fund (ETF) units worth less than Rs 25 crore will now have to take place compulsorily on the stock exchange platform, according to a new rule which comes into effect on Tuesday. The fresh norm, which comes into being after two deferments, is aimed at boosting liquidity and reducing tracking error. At present, investors directly deal with the asset management companies (AMCs) for purchase and redemption of ETFs - passive schemes that track a particular benchmark such as the Nifty50 index.
Majority of equity linked savings schemes as well as mid and small-cap funds outperformed their respective benchmark indices over a five-year period ended December 2015.
Encouraging domestic financial savings through focused measures would help mobilise long term resources for funding infrastructure and economic development.
The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in December. This 20 per cent growth in AUM last year was fuelled by a robust rally in the equity markets and a record Rs 1.62 trillion net inflows into active equity schemes. In another first, the AUM linked to systematic investment plans, too, hit Rs 10 trillion by the end of 2023.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances