L&T Tax Advantage Fund

Top SIP Funds to Invest in India Online

L&T Tax Advantage Fund

We had only two equity-linked savings schemes (ELSS). So, enter L&T Tax Advantage Fund , earlier known as Fidelity Tax Advantage Fund. L&T Investment Management Ltd has also turned around and it’s time to put more money behind these fund houses. We bring three of L&T Investment Management’s schemes in Mint50 this year.

L&T Tax Advantage Fund is an ELSS. It offers section 80C tax benefits up to Rs1.5 lakh and therefore comes with a 3-year lock-in. Fund manager Soumendra Nath Lahiri, who is also the fund house’s chief investment officer, doesn’t churn his portfolios frequently. Its portfolio turnover ratio is at a lowof 30-38%. L&T Tax Advantage Fund returned 18.62% and 22.41% in the last 5 and 3 years, respectively. Lahiri expects the economy to pick up and has invested accordingly, with high allocation to banks, construction projects, industrial products and the cement sector. “Government spending will continue in infrastructure areas where it is present like defence sector, roads and railways.

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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

L&T Tax Advantage Fund

Top SIP Funds Online

How has the L&T Tax Advantage Fund performed?
With a 10-year return of 12.07%, the fund has outperformed both the benchmark (6.65%) and the category (9.39%) by a wide margin. The fund has significantly outperformed the category and the benchmark.

L&T Tax Advantage Fund basic facts
Date of launch : 27 Feb 2006
Category : Equity
Type : Tax Planning
Average AUM : Rs 2,730.39 cr
Benchmark : S&P BSE 200 Index

What it costs

NAVS*
Growth option : Rs 55.38
Dividend option : Rs 26.40
Minimum investment : Rs 500
Minimum SIP amount : Rs 500
Expense ratio^ (%) : 2.08
Exit load : 0% for redemption within 36 ..

Fund managers
Soumendra Nath Lahiri
Tenure: 4 yearS and 11 months
Education: BE, PGDM

Where does the fund invest?
This fund has a large portfolio of 64 stocks, so concentration risk is low.

Untitled-16

How risky is L&T Tax Advantage Fund?
Despite better returns, its risk profile is lower than benchmark and category average

Untitled-17

Should you buy L&T Tax Advantage Fund?

L&T Tax Advantage Fund has generated good returns in all market phases. Even during the two years—2008 and 2011—when the market was in a slump, it has outperformed the benchmark index. Its mandate to have at least 60 stocks in its portfolio— 64 stocks now—and the resultant low concentration risk is one reason for its good performance.

Low exposure to small-cap stocks and the fund manager’s bottom-up strategy of selecting stocks that are likely to do well in the next 3-5 years have also helped the fund fare well. Due to its better downside protection, this fund’s risk profile— measured by standard deviation— is lower than the category average and benchmark. Low risk profile and higher return places this fund high on the risk-return parameter. It can be considered a suitable pick among tax planning funds.

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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

Build Portfolio with Balanced Funds

Invest Balanced Funds Online

If you are looking for low maintenance fund for your core portfolio, equity-oriented hybrid funds fit the bill to perfection

Build your core portfolio with balanced funds

Here we tell you about a type of fund that can constitute the core of your portfolio.The core serves as the anchor to the entire portfolio. Hence, one of the prerequisites for a fund that can be part of the core portfolio is that it should require minimum maintenance and should be able to adjust to market conditions. We believe equity-oriented hybrid funds, more commonly known as balanced funds, are ideal candidates for constituting the core.

In a hybrid fund, the fund manager balances the fund’s equity-debt allocation according to market conditions. This will leave you free to concentrate on the active portion of your portfolio that requires greater attention.

The disadvantage of having balanced funds in the core portfolio is that you cannot specify your equity-debt mix. This will be determined either by the law or by the fund house. A more conservative investor may, for instance, desire a lower allocation to equities, but by just owning balanced funds he will not be able to achieve this.

What is a hybrid fund?
Hybrid funds combine a stock component, a debt component and sometimes a money market component in a single portfolio. They generally stick to a relatively fixed asset allocation.

These funds are geared toward investors looking for a mixture of safety, income and modest capital appreciation. The amount that such a mutual fund invests in each asset class remains within a set minimum and maximum limit. The hybrid funds which we are talking about invest about 65 per cent in equity and 35 per cent in debt and money market instruments.

How balanced funds are different
The objective of these funds is to provide capital growth via a mix of equity and debt: blend of growth and safety. The unique proposition of spreading investments among two broad asset classes is hard to find in other types of funds. The higher equity allocation to the tune of 65 per cent gives these funds the opportunity for high growth, while the debt component provides a cushion when the equity component fails to perform. At the same time, the same debt allocation pulls the fund’s return lower during a bull run since these funds are not fully invested in equities.

Low downside risk
Among equity funds, hybrid equity funds have the lowest downside standard deviation. Standard deviation is a measure of volatility. It measures how much the data points are spread out in relation to the mean. Loss SD considers just the downward volatility since we are interested in knowing only the downside risk of equity oriented hybrid funds in relation to other types of funds.

Advantages
Switching: Their key advantage is the ability to switch from a high equity allocation with more aggressive growth oriented stocks when the market is bullish to low equity allocation with more defensive stocks when the market turns bearish.

Diversification: These funds offer diversification in the true sense with a portfolio that contains stocks and bonds, thereby offering a blend of growth and safety.

Hassle-free. You do not have to take the trouble of managing an assortment of investments yourself. One fund does it all. Your overall cost of owning and managing your investments also comes down.

Disadvantages
Active-management risk: The active-management risk can get amplified in these funds. The fund’s exposure to equity or debt is a function of the fund manager’s view about the direction of equity markets. A fund having a high exposure to equities during bear runs exposes investors to undue risks while going overweight on debt during bull runs results in a failure to reward investors adequately.

Objective mismatch: A hybrid equity fund may have bonds of lower tenure while what may ideally suit your portfolio objective is longer-term bonds. Long-term bonds earn significantly more than short-term bonds. Hence instead of complementing your portfolio objective, hybrid equity funds can potentially act contrary to it.

Tax incidence
Hybrid equity funds are treated as equity funds according to the income tax department’s definition. Currently they are subject to just short-term capital gains tax . Both dividend income and long-term capital gains from hybrid equity funds are tax-exempt.

The tax rules play to the strengths of hybrid equity funds. Investors need to rebalance their portfolio at the end of every year to maintain the desired asset allocation. But the short-term capital gains tax will make rebalancing before one year a tax-inefficient strategy.

In hybrid equity oriented funds, fund managers do the rebalancing. The current tax laws do not have provision for taxing the fund manager’s actions. In essence, the fund manager can rebalance the fund’s portfolio n-number of times and still attract no tax. Hence, the rate of return of these funds will not get eroded due to rebalancing.

How to buy a balanced fund
Your first step while selecting a fund in this category should be to check the ratings of hybrid equity funds at Valueresearchonline.com. These funds are rated according to their five-year and three-year risk-adjusted returns. So a 5- or 4-star rated fund would mean that over the past five-year and three-year horizons these funds have given the best risk-adjusted returns in this category.

Remember, however, that rating is a quantitative measure. The way a particular 5-star fund generates returns may not suit everyone’s risk appetite. Hence you should dig deeper and try to gather more information about the fund. One should look at how active the fund manager has been in asset allocation. Check whether in the process of generating excess return he has allowed equity allocation to go way beyond 65 per cent. During a market rally, some funds allow their equity allocation to go very high which enables them to post high returns but this approach is contrary to the basic idea behind buying a balanced fund.

Opt for funds that have shown consistent results.

Finally, find out where the fund manager invests both in the equity and the debt portfolio. As an investor you need to decide which style suits your portfolio. Also find out where the fund manager puts the money in the debt portion.

Best ELSS Funds to Invest 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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

KOTAK MIDCAP FUND

KOTAK MIDCAP FUND is a conservative scheme among mid-cap funds. Its long-term performance track record is a bit patchy owing to initial underperformance, but the fund has put in a decent showing over the past few years.

KOTAK MIDCAP FUND preference is for larger mid-caps with emphasis on consistent cash flows, earnings growth and capital efficiency. It is fully conscious of the risk inherent in this segment, and seeks to contain it through a large diversified portfolio with a focus on ensuring liquidity. Resultantly, it takes a modest exposure even in its top bets, which can limit the fund’s upside in a rising market.

However, its focus on protecting the downside has led to a better risk reward profile compared to many of its peers, making it a decent bet for those with low risk appetite.

10_04_2017_124_005_003.jpg

10_04_2017_124_005_004.jpg

10_04_2017_124_005_005.jpg

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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

Equity Mutual Funds Returns 2017

Start Saving for Tax 2018 by Investing in ELSS Funds Online

Untitled-31

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

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

DSP BlackRock Tax Saver Fund

Invest in ELSS Funds Online and Save Tax

Why Invest in DSP BlackRock Tax Saver Fund?

· Equity Linked Savings Scheme: Deduction of up to ₹. 1.5 lakh (per financial year) from total income is available under Section 80C of the Income Tax Act, 1961.

· Well-diversified equity portfolio: A diligent mix of large cap, mid cap and small cap companies

· Three year lock-in: Enables participation in the long term growth potential of equity markets

DSP BlackRock Tax Saver Fund Performance, Equity composition, Dividend History & Top 5 sectors DSP BlackRock Tax Saver Fund below.

Scheme Information
Fund manager Rohit Singhania
AUM in crores 3833
Exit load Nil, Lock in for 3 years

*inception date – 18th Jan 2007

Performance as on 16th Jan 2018 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 8 Years 10 Years Since Inception
DSP BlackRock Tax Saver Fund – Growth 2.87% 5.80% 11.25% 30.89% 26.25% 15.15% 20.57% 15.29% 10.37% 15.48%
Nifty 500 4.16% 6.98% 11.13% 32.63% 23.83% 11.35% 14.86% 10.04% 6.40% 10.12%
Nifty 50 3.44% 4.59% 8.15% 27.19% 19.89% 7.91% 12.25% 9.29% 6.06% 14.15%
Equity Composition
Large Cap Mid Cap Small Cap Micro Cap
67.2% 11.2% 10% 9%

Dividends since inception in Regular plan – Dividend option

Date NAV Dividend per unit Dividend yield
29-Feb-08 14.755 3.6 24.40%
4-Mar-11 12.096 0.5 4.13%
15-Feb-13 13.081 1.5 11.47%
14-Feb-14 12.313 1.25 10.15%
13-Feb-15 18.437 1.9 10.31%
15-May-15 15.943 0.45 2.82%
21-Aug-15 16.447 0.5 3.04%
20-Nov-15 15.297 0.45 2.94%
12-Feb-16 12.919 0.45 3.48%
20-May-16 14.256 0.45 3.16%
19-Aug-16 16.303 0.4 2.45%
18-Nov-16 15.298 0.4 2.61%
10-Feb-17 16.264 0.4 2.46%
12-May-17 17.117 0.4 2.34%
11-Aug-17 16.975 0.43 2.53%
10-Nov-17 17.76 0.45 2.53%
Top 5 sectors Holdings
Banks 21.55%
Finance 12.85%
Petroleum Products 6.41%
Consumer Non Durables 6.39%
Auto 5.83%

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. Mirae Asset Tax Saver Fund

3. DSP BlackRock Tax Saver Fund

4. Sundaram Diversified Equity 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. Axis Tax Saver Fund

10. BNP Paribas Long Term Equity 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

Save Tax for 2018

Invest in ELSS Funds Online and Save Tax

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

For further 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

DSP BlackRock US Flexible Equity Fund

DSP BlackRock US Flexible^ Equity Fund – Product Labelling shim.gif
This Open Ended Fund of Funds Scheme is suitable for investors who are seeking*
  • Long-term capital growth.
  • Investment in units of overseas funds which invest primarily in equity and equity related securities of companies domiciled in, or exercising the predominant part of their economic activity in the USA.

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them

HIGH.jpg

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 2018Tax 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 Focused 30 Equity Fund

Invest in ELSS Funds Online and Save Tax


Inline image 1Inline image 2
Inline image 4

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. Mirae Asset Tax Saver Fund

3. DSP BlackRock Tax Saver Fund

4. Sundaram Diversified Equity 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. Axis Tax Saver Fund

10. BNP Paribas Long Term Equity 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

How to Stop your MF SIP

How to Stop your Mutual Fund SIP

A systematic investment plan (SIP) is designed to continue till the end date mentioned in the application form. A few mutual funds now offer the option to `pause’ the systematic investment for a limited period. This allows the investor to keep the investment habit, while providing temporary liquidity. The SIP restarts automatically after the pause period.

Pause period

SIPs can be paused only for a specific period of time. The shortest and longest periods for which a SIP is allowed to be paused is specified by the AMC.

Form

A SIP Pause form must be filled out by the investor. This form can be obtained from the AMC or the Investor Service Centre. It can also be downloaded from the mutual fund website.

Details

The start date and end date of the pause must be clearly mentioned in the form. The form also asks for details of the existing SIP, as well as the investor’s name and folio number. All unit holders are required to sign the SIP Pause form.

Bank mandate

The form also contains a bank mandate, which needs to be filled in and signed by the investor. The mandate lets the AMC instruct the bank not to debit the investor’s account for the pause period.

Submission

The SIP Pause form has to be submitted to the AMC at least one month prior to the SIP date from which the investor wants to pause the SIP. The form can be submitted at any of the branch offices of the AMC.

Resumption of SIP

After the SIP pause period is over, the SIP will automatically resume with the same conditions as were prevalent when the SIP was in effect.

Not all AMCs offer the `pause’ facility. It is best to check whether the option is available when registering the SIP.

Mutual funds allow investors to `pause’ an SIP only once during the tenure.

The facility is not available to investors who have invested through the stock exchage channel or through an online distributor portal.