Bank Account Vs Birla Sun Life Cash Manager

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The comparison of Birla Sun Life Cash Manager Vs Bank Account has been given for the purpose of the general information only. Loads and Taxes are not taken into consideration.

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IDBI Corporate Debt Opportunities Fund

IDBI Corporate Debt Opportunities Fund

ICDOF - November 2016 FINAL: c730f352
ICDOF - November 2016 FINAL: ae8cb5ed
ICDOF - November 2016 FINAL: a3dffb67
ICDOF - November 2016 FINAL: 53cf39d1
ICDOF - November 2016 FINAL: 55153639
ICDOF - November 2016 FINAL: e57e80df
ICDOF - November 2016 FINAL: bedb93fb
ICDOF - November 2016 FINAL: 8930f2e9 ICDOF - November 2016 FINAL: 8a2474a3 ICDOF - November 2016 FINAL: 9810a25c ICDOF - November 2016 FINAL: ebdd8505
ICDOF - November 2016 FINAL: 10b74208
ICDOF - November 2016 FINAL: 10f9d057

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

Top 10 Tax Saver Mutual Funds for 2017 – 2018

Best 10 ELSS Mutual Funds to Invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Tata India Tax Savings Fund

3. Birla Sun Life Tax Relief 96

4. ICICI Prudential Long Term Equity Fund

5. Invesco India Tax Plan

6. Franklin India TaxShield

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Sundaram Diversified Equity Fund

Invest in Best Performing 2017 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

OR

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Call us on 94 8300 8300

BNP BARIBAS LONG TERM EQUITY Fund

Invest BNP BARIBAS LONG TERM EQUITY Fund

A ELSS Tax Saver Fund

This fund has in recent years shrugged off its anaemic initial performance with the help of its current fund manager. Although far from setting the pace in its category, it has delivered decent out performance. It adopts a flexi-cap approach, while maintaining a bias towards large-caps.

The portfolio construction is benchmark agnostic and only moderately diversified, with the fund manager preferring to give meaningful exposure to his high conviction picks.

Although its long-term track record is not particularly appealing, its recent performance suggests that it is on the turnaround path. Currently, there are more proven funds in this category with a better risk-reward profile, but investors should monitor this fund’s performance.

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

Top 10 Tax Saver Mutual Funds for 2017 – 2018

Best 10 ELSS Mutual Funds to Invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Tata India Tax Savings Fund

3. Birla Sun Life Tax Relief 96

4. ICICI Prudential Long Term Equity Fund

5. Invesco India Tax Plan

6. Franklin India TaxShield

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Sundaram Diversified Equity Fund

Invest in Best Performing 2017 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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

UTI Focussed Equity Fund

UTI Focussed Equity Fund Performance:
A fund’s true performance potential needs to be evaluated within the context of the market environment prevailing during the different periods. UTI Focussed Equity Fund – Series I has delivered good performance relative to its benchmark. Placed below is the Fund Performance vis-a-vis Benchmark as of July 20th, 2017.

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Source: MFIE
CAGR – Compounded Annualized Growth Rate. Past performance may or may not be sustained in future.

Please be aware that the Fund Returns towards the end of the maturity would be around the current CAGR returns, as the fund has started creating cash to meet the liquidity and avoid the impact of the sharp swings in the equity markets (if any). Current Net Asset in the fund is about 28% as of 30th June, 2017.

Case for Rollover: India story is now beginning to command world attention and one clear way to play this upside potential is through Indian equities. If recent flows are any indication, even domestic investors are realizing the relative benefits of Indian equities over the other asset classes. India’s stable macroeconomic environment and the slow but sure reforms of the Government are beginning to bear fruit at the systemic level. The trickle-down effect should benefit even the smallest business and kick-start a virtuous cycle of growth in revenues and earnings across a very broad base. India’s narrative of robust fundamentals endures, making it an attractive investment destination versus its peers in the emerging market basket.

Fund has significant exposure to the stocks which are cyclical in nature, we believe given the strong fundamentals and much delayed capex expansion would only continue to drive higher sales and earnings, which should be supportive for equity markets over the years to come.

Sector Break-up as of June 30th, 2017
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Active weight against the benchmark S&P BSE 200

For the investment that will be rolled over, the fund would continue to invest in stocks, which we believe would be our best ideas to generate long term capital appreciation. The scheme will without any capitalization bias endeavor to invest in either growth stocks or value stocks or both. Fund will be a concentrated fund taking exposure of upto 30 stocks.

For further information contact SaveTaxGetRich on 94 8300 8300

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Standard Deviation of a Fund – A statistical measure

It the core of the fund analysis activity lies the twin pursuits of judging returns and risk. Stripped of a lot of the complexity, this task involves determining a fund’s average performance over a period of time. Let’s get down to basics and take a refresher course on this concept.

Why do we use an average? Why don’t we use the actual numbers that the average is calculated from? Obviously, because an average gives us a single value that represents the numbers it is calculated from. It is far easier to use a single number for judgement and comparisons.

But like most things in life, averages can be both good and bad. They can be trustworthy, or they can be worthless, or they can be anywhere between the two. For example, the average age of children in a kindergarten is three years. You could walk into a kindergarten expecting most kids to be more-or-less three years old and you would not be wrong. However, the average age of students in a school is 12 years. You could walk into a school expecting most students to be more-or-less 12 years old and you would be almost completely wrong. Around 90 per cent of the students would NOT be 12 years old — they would be all ages from 5 to 18 years.

What happened? Was the average wrong? Obviously not, but it was not a very useful figure. It would have been far more useful if you had been told that most of the individual ages in the kindergarten were close to the average but most of the individual ages in the school were far from the average.

This is exactly what Standard Deviation does. It gives you a ‘quality rating’ of an average. The Standard Deviation of an average is the amount by which the numbers that go into an average deviate from that average. It tells us how closely an average represents the underlying numbers.

Let’s put it this way: There was very little risk in assuming that the kindergarten’s average represented the real ages but there was a great deal of risk in assuming that the school’s average represented the real ages.

Risk! Isn’t that what we are trying to figure out? So a recipe for figuring out the risk level of a fund takes shape:

1. Calculate a fund’s monthly performance over a long period of time.

2. Calculate the average for all these monthly performances.
3. If the individual monthly performances are very different from the average, then that fund is risky, delivering high returns in some months and poor returns in others. If they are mostly similar, then the fund is a low risk one, with about the same returns month after month.

And how do we find out if mutual funds are ‘very different’ or ‘mostly similar’? By calculating their average, of course. We just calculate exactly how much each month’s performance is different from the average and then calculate the average of these differences. This is Standard Deviation. (While the actual formula is complex, this suffices as a simplified explanation.)

But you do need to be careful of one thing — a high Standard Deviation may be a measure of volatility, but it does not necessarily mean that such a fund is worse than one with a low Standard Deviation. If the first fund is a much higher performer than the second one, the deviation will not matter much.

HDFC Equity Fund

HDFC Equity Fund Performance


Past performance may or may not be sustained in future. The start date of the period for above simulation taken is November 3, 1995 (base date: NIFTY 50) wherein the base value is 1000 (NIFTY 50), NAV Rs. 7.84 (HDFC Equity Fund – Regular Plan – Growth Option) and 712 (NIFTY 500). The investment amount on the start date for the above calculation assumed is Rs. 1,000. The benchmark of the Scheme is NIFTY 500. The above simulation is for illustrative purposes only. The AMC / Mutual Fund is not guaranteeing or promising or forecasting any returns on investment made in the Scheme.

Performance – Regular Plan – Growth Option

NAV as on 31st July, 2017, 608.029
Period Scheme Returns (%) Benchmark % # Additional Benchmark % ##
Value of investment of () 10,000
Scheme
()
Benchmark
() #
Additional Benchmark
() ##
Last 1 Year 25.23 19.84 16.56 12,538 11,996 11,665
Last 3 Years 13.32 12.38 9.27 14,557 14,195 13,051
Last 5 Years 18.96 16.33 14.01 23,832 21,310 19,272
Since inception 19.94 10.10 N.A. 608,029 87,933 N.A.

Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized (CAGR). Load is not taken into consideration for computation of performance. # NIFTY 500 Index ## NIFTY 50 Index. N.A. Not Available.

Inception date of the Scheme – 1st January, 1995. The Scheme has been managed by Mr. Prashant Jain since 19th June, 2003.

HDFC Equity Fund is suitable for investors who are seeking *

  • capital appreciation over long term
  • investment predominantly in equity and equity related instruments of medium to large sized companies

Riskometer
moderate high risk

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

Top 10 Tax Saver Mutual Funds for 2017 – 2018

Best 10 ELSS Mutual Funds to Invest in India for 2017

1. DSP BlackRock Tax Saver Fund

2. Tata India Tax Savings Fund

3. Birla Sun Life Tax Relief 96

4. ICICI Prudential Long Term Equity Fund

5. Invesco India Tax Plan

6. Franklin India TaxShield

7. Reliance Tax Saver (ELSS) Fund

8. BNP Paribas Long Term Equity Fund

9. Axis Tax Saver Fund

10. Sundaram Diversified Equity Fund

Invest in Best Performing 2017 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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

IDBI Prudence Fund

IPF - July 2017 FN: be607bb7

IPF - July 2017 FN: 00eb8bb3

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 2017 – 2018

Best 10 ELSS Mutual Funds to invest in India for 2017

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 2017 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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Mutual Fund Fact Sheet Information



The fact sheet covers basic information, such as the fund objective, nature of fund, fund manager’s name, fund’s inception date, benchmark index, corpus size, current NAV, among other details.

The next detail it showcases is the portfolio strategy of the fund through investment style, fund portfolio with top holdings, and allocation across sectors and issuers.

Volatility measures pertaining to ratios, such as Standard Deviation and Sharpe Ratio, are also mentioned to gauge the inherent risk of the fund.

Mutual Fund fact sheet also has details about charges in terms of expense ratio and loads.

The fact sheet carries returns of the fund, and the representative benchmark index to enable comparison of the fund’s performance with its benchmark.

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 2017 – 2018

Best 10 ELSS Mutual Funds to invest in India for 2017

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 2017 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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Rectifying Income Tax Returns

After an income tax return is filed, it is processed by the CPC, Income Tax Department. However, after processing, if an assessee realizes that some income was not reported, or some deduction was not availed of in the return computation, it is possible to file a rectification request.

After the filing of the revised return, the Income Tax authorities may revise the intimation or order (if already passed), if they find merit in the revision.

Prerequisite

To file for a rectification, the assessment of the original return should have been processed at the CPC, Bengaluru.

Online portal

Rectification of the return can be carried out online on the income tax portal https: incometaxindiaefiling.gov.in. The assessee should log in using his login name and password and go to `Rectification’ option under the tab `E-File’.

Details

The type of return you are filing (income tax or wealth tax), and the assessment year pertaining to the rectification needs to be added. Latest communication reference number needs to be mentioned.This is the number of the last communication received from the Income Tax Department.

Rectification request

After validating the details, the assessee should enter the rectification request type and enter the required details. Once the details to be rectified are entered and submitted, an acknowledgement number is generated for future reference.

Verification

Once the rectification request is filed, it needs to be verified either through the assessee’s Net banking portal or using the Aadhaar OTP income tax verification mechanism. The filed revised return is sent by e-mail to the assessee’s registered email ID.

It is also possible to file rectification application through the physical mode.

The IT Department has allowed rectification of returns filed after the due date.

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 2017 – 2018

Best 10 ELSS Mutual Funds to invest in India for 2017

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 2017 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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300