STP, SWP

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Mutual fund investors should be aware of two tools, Systematic Transfer Plans (STPs) and Systematic Withdrawal Plans (SWPs), for their many benefits.

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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

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ELSS Fund Advantages

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ELSS FROM FUND HOUSES OFFER TAX SAVINGS AT A LOWER COST, CHANCES OF HIGHER RETURNS AND SHORTER LOCK-IN PERIOD

We are already halfway through the current financial year. In another three months, we will have to submit proof for tax savings for the year. In our rush to comply with the tax saving rules, often we make mistakes that could impact our finances for several years. The year-end rush could also temporarily destabilise your monthly budget. So it’s better to start early. Ask any qualified and experienced financial planner or advisor, ELSS is likely to be the preferred tax saving instrument for most.

These are mutual fund schemes approved by the tax authorities for saving on taxes under 80c of Income Tax Act and managed by fund houses.

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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 Top Performing Tax Saving ELSS Funds. Save Tax Get Rich

Top 10 Tax Saving Mutual Funds of 2018

Best 10 ELSS Mutual Funds to Invest in India of 2018

1. Tata India Tax Savings Fund

2. Sundaram Diversified Equity Fund

3. DSP BlackRock Tax Saver Fund

4. Mirae Asset Tax Saver Fund

5. Birla Sun Life Tax Relief 96

6. ICICI Prudential Long Term Equity Fund

7. Invesco India Tax Plan

8. Reliance Tax Saver (ELSS) Fund

9. BNP Paribas Long Term Equity Fund

10. Axis Tax Saver Fund

Invest in Best Performing Tax Saver Mutual Funds of 2018

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

Best Tax Saving Mutual Funds or ELSS Funds to Invest in 2017

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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 Top Performing Tax Saving ELSS Funds. Save Tax Get Rich

Equity Linked Savings schemes or ELSSs are often called the ‘first’ mutual fund scheme. This is because most mutual fund investors get into mutual funds via ELSSs or tax saving/planning mutual fund schemes. Investments in ELSSs qualify for tax deductions of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Most investors start investing in ELSSs to save taxes, and and slowly they start investing in other equity mutual fund schemes.

If you are not investing in ELSSs to save taxes under Section 80C, you should reconsider your decision to stick to traditional tax-saving options like Public Provident Fund (PPF), National Savings Certificate (NSC), etc. The government-backed tax-saving options offer assured returns. However, the returns are likely to be modest. So, using these options to fund your long-term financial goals may not be a wise idea.

ELSSs come with the shortest mandatory lock-in period of three years among the tax-saving options available under Section 80C. Other popular options like PPF and NSC have a much longer lock-in period. Though PPF allows partial withdrawal after five years, it is a product with a tenure of 15 years. NSC has a lock-in period of six years.

Sure, ELSSs are riskier than government-sponsored schemes. This is because ELSSs invest in stocks and stocks are risky and volatile in the short-term. That is why it is important to invest in ELSSs with a longer horizon than the mandatory three-year lock-in period. Since ELSSs are equity schemes, investor should be prepared to stay invested for at least five to seven years.

However, ELSSs also reward investors for the extra risk. For example, ELSS category has offered tax-free returns of around 13.52 per cent in three years, 17.29 per cent in five years, and 9.83 per cent in the 10-year horizon. Other government-backed schemes offer single-digit returns.

Top 10 Tax Saving Mutual Funds of 2018

Best 10 ELSS Mutual Funds to Invest in India of 2018

1. Tata India Tax Savings Fund

2. Sundaram Diversified Equity Fund

3. DSP BlackRock Tax Saver Fund

4. Mirae Asset Tax Saver Fund

5. Birla Sun Life Tax Relief 96

6. ICICI Prudential Long Term Equity Fund

7. Invesco India Tax Plan

8. Reliance Tax Saver (ELSS) Fund

9. BNP Paribas Long Term Equity Fund

10. Axis Tax Saver Fund

Invest in Best Performing Tax Saver Mutual Funds of 2018

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

Methodology:
Save Tax Get Rich Mutual Funds has employed the following parameters for shortlisting the mutual fund schemes.

1. Mean rolling returns : rolled daily for the last three years.
2. Consistency in the last three years : The three-year period is divided into smaller time periods each with a progressing weighting.
3. Downside risk : We have considered only the negative returns given by the mutual fund scheme for this.
X = Returns below zero
Y = Sum of all squares of X
Z = Y/number of days taken for computing the ratio
Downside risk = Square root of Z

4. Outperformance : It is measured by Jensen’s Alpha for the last three years. Jensen’s Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market.

Average returns generated by the MF Scheme – [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index – Risk Free Rate}
5. Asset size : For equity diversified funds, the threshold asset size is Rs 100 crore, and Rs 50 crore for balanced funds.

We have also conducted a back testing of our model portfolios. These returns are forward returns from the base date.

Invest ELSS Funds to Save Tax

Best ELSS Funds Online

You can now save up to Rs 45,000 every year in taxes and earn interest on top of that! Invest with Save Tax Get Rich on the best Tax saving investment option and get your investment proof instantly.

Find out how much tax you can save in 2 easy steps:
Step 1: Calculate your tax payable for FY 2017-18 using our Income Tax Calculator
Step 2: Optimize and reduce the tax you pay by investing in tax-saving investment options

Why choose Save Tax Get Rich to save tax?
✓ Best Tax Saving options with Highest Returns
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Investment

Returns

Lock-in Period

Tax on Returns

5-Year Bank Fixed Deposit

6% to 7%

5 years

Yes

Public Provident Fund (PPF)

7% to 8%

15 years

No

National Savings Certificate

7% to 8%

5 years

Yes

National Pension System

8% to 10%

Till Retirement

Partially Taxable

ELSS Funds

15% to 18%

3 years

No

To know more about the various tax-saving options available to you click here.

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

Top 10 Tax Saving Mutual Funds of 2018

Best 10 ELSS Mutual Funds to Invest in India of 2018

1. Tata India Tax Savings Fund

2. Sundaram Diversified Equity Fund

3. DSP BlackRock Tax Saver Fund

4. Mirae Asset Tax Saver Fund

5. Birla Sun Life Tax Relief 96

6. ICICI Prudential Long Term Equity Fund

7. Invesco India Tax Plan

8. Reliance Tax Saver (ELSS) Fund

9. BNP Paribas Long Term Equity Fund

10. Axis Tax Saver Fund

Invest in Best Performing Tax Saver Mutual Funds of 2018

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 Opportunities Fund

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Anoop Bhaskar led the fund from July 2011 to December 2015 and, in our opinion, ranks among the best managers in the large-cap segment. Vetri Subramaniam replaced Bhaskar in February 2017. He is an experienced and a skilled portfolio manager, as could be seen from his previous stint at Invesco, where he sailed through the global economic slowdown fomented by the financial crisis of 2008 and built the business from scratch.

Subramaniam brought some effective changes to the fund’s investment strategy. The UTI Opportunities Fund is now managed as a flexi-cap fund, versus a previous large-cap bias, by gradually increasing the allocation in the small/mid-cap space. He also has changed the fund’s benchmark to the S&P BSE 200 Index from the S&P BSE 100 Index with an objective to measure the fund performance with the correct benchmark. Subramaniam also ensured that all the strategies within the fund house are well differentiated and has reorganised the equity team, aiming to push for style discipline among the managers.

The manager follows a mix of a top-down and bottom-up approach. While analysing sectors, the fund manager looks for fundamental characteristics of the companies, such as a long history of generating positive cash flows, superior return on capital employed, and sustainable competitive advantages. He emphasises these factors more than the relative valuation while choosing stocks. However, at times he does pay heed to the relative valuations and look for potential for mean reversal, focusing mainly on depressed stocks with low ROCE and return on equity.

Over the past few years the fund has been struggling to outperform its peers. However, with the recent restructuring and tweaking of the portfolio, we expect to see a positive outcome over the long run. However, we need time to see some signs of a turnaround before we build our conviction. Hence, while our long-term outlook for the fund remains intact

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

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

Invest in Top ELSS Funds to Save Taxes

Best Tax Saver Funds Online

Tax saving season is almost here. The last three months of the financial year, starting from January to March, are considered tax-saving months by many tax payers. However, the process starts from December when the human resource departments of companies ask employees to furnish proof of their tax-saving investments. Have you given the investment declaration under Section 80C of the Income Tax Act and still undecided about where to invest to save taxes of up to Rs 1.5 lakh?

Well, there are many options available to you under Section 80C: starting from the eternal favourites like Public Provident Fund (PPF) and National Savings Certificate (NSC) to life insurance policies. However, if you ask us, we would tell you that the best tax-saving option available under Section 80C is an Equity Linked Savings Scheme (ELSS) or tax-saving mutual fund schemes.

Why is it so? Well, to begin with it comes with the shortest mandatory lock-in period. Every investment option available under Section 80C comes with a lock-in period. For example, NSC comes with a mandatory lock-in period of five years, whereas PPF is a 15-year product. In comparison, an ELSS comes with a lock-in period of merely three years.

Note, though it comes with the mandatory lock-in period of three years, you don’t have to compulsorily exit these schemes after the lock-in period. If the scheme is performing well, you may continue with it if you wish.

Next, an ELSS invests mostly in stocks. And stocks are the best investment option to create wealth over a long period. This is because stocks can offer superior returns than other assets in the long term. That is why an ELSS could be the first equity mutual fund scheme for most investors.

An ELSS is an ideal first fund because of its lock-in period, as it helps many investors to weather the volatility, typically associated with the stock market. During the three-year lock-in period an investor would get used to the vagaries of the stock market and s/he may be inspired to start other investments in equity schemes.

The ELSS category has offered 13.33 per cent in the last three years, 19.11 per cent in the last five years, and 9.46 per cent in the last 10 years. Now you know why we told you ELSSs are the best bet to achieve your long-term financial goals. It is always better to assign a goal to your ELSS investments. It will help you to stay invested for a long time.

If you are confused about which ELSS to pick up, here is some help. Here are our recommended equity mutual fund schemes that would help you to save taxes and build wealth over a long period:

Top 10 Tax Saving Mutual Funds of 2018

Best 10 ELSS Mutual Funds to Invest in India of 2018

1. Tata India Tax Savings Fund

2. Sundaram Diversified Equity Fund

3. DSP BlackRock Tax Saver Fund

4. Mirae Asset Tax Saver Fund

5. Birla Sun Life Tax Relief 96

6. ICICI Prudential Long Term Equity Fund

7. Invesco India Tax Plan

8. Reliance Tax Saver (ELSS) Fund

9. BNP Paribas Long Term Equity Fund

10. Axis Tax Saver Fund

Invest in Best Performing Tax Saver Mutual Funds of 2018

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

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

Tax Saving ELSS Fund

Best ELSS Funds Online

SIPs are 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

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

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BNP PARIBAS EQUITY Fund

BNP PARIBAS EQUITY Fund takes a heavy large-cap tilt. Its focus is on identifying businesses with strong moats, with the capability to sustain faster growth than the underlying index. In the midcap portion, it prefers firms that are leaders in their respective segments.

The fund manager takes a purely bottomup approach, with emphasis on management quality and business funda mentals. He is comfortable paying reasonable price for higher growth, and not inclined to buy stocks purely from value perspective. He also does not shy away from taking large posi tions in his high conviction bets. This lends an element of aggression to the fund.

While the BNP PARIBAS EQUITY Fund does not have the best of track records, it has impressed under the new manager.

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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

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