Fixed Deposit vs Debt Mutual Funds

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Despite a few hiccups along the way, it’s more than likely that India is heading for lower interest rates for years, perhaps for decades. In fact, if one steps out of the ivory tower of economists and into the real life of savers, a huge amount of damage is already done. 2.5 – 3.5 per cent on savings banks and 5-7 per cent on various deposits are going to be the normal range now onwards.

Most Indian savers–including retirees who need income–are heavy users of bank fixed deposits. Their earnings are down by 25 per cent or more in the last three years. Is there a solution? As it happens, there is. There are mutual fund products that fit the bill perfectly. They not only give you higher returns than these banking products, but are also liable for an effectively lower tax outgo, making the effective return very attractive. In fact, compared to fixed deposits, the liquidity and the convenience are also superior, especially if you deal through the special apps that many funds have released for the purpose.

SEBI’s recent reorganisation of fund categories has somewhat changed the lie of the land, so the types of mutual funds that work well as substitutes for bank accounts are liquid funds and ultra-short duration funds. These funds have predictable and stable returns that have negligible volatility. The precise definitions that SEBI has now enforced has made them even more so. Over the last one year, liquid fund returns have been an average of 6.85 per cent, ultra-short duration fund returns have been 6.47 percent.

While these compare well to the deposit products they can replace, the real kickers are the convenience and the tax factors. Liquid funds can be invested in and redeemed through a smartphone-based app for many fund companies. Through these apps, you can invest instantly by transferring money from your bank accounts. More to the point, you can redeem the investments and the money gets transferred to your savings account within five to ten minutes. To be able to earn interest which is 1.5X that of savings accounts and yet have a liquidity compromise of only a few minutes.

The benefits of using funds go much beyond a simple comparison of returns. The different taxation structure means there’s a bigger difference in post-tax returns. The tax difference arises from the fact that returns from fixed deposit are classified as interest income while mutual fund returns are classified as capital gains. Under interest income, you have to pay tax every year for the what you earned that year. If your total interest income from a bank (all accounts and deposits together) exceed Rs 10,000 then the bank also deducts TDS at 10%. In fact, if the bank does not know your PAN, it will deduct 20%. This means that a part of your return is not available for compounding because it is taken out and paid as tax every year.

There is a further advantage to the mutual fund option if you stay invested for more than three years. If you redeem after three years, then the gains are classified as long-term capital gains and are taxed after indexation. Essentially, you get taxed only on inflation adjusted returns. Again, this does not happen with FDs. Applying all these factors, a three-year investment in a short-term fund will leave you with almost twice the returns as an FD over the same period, and with excellent liquidity.

Earlier, this kind of fine-tuning could be expected only for a handful of knowledgable and involved investors. However, with low interest rates, the payoff is huge, and a lot of us could benefit substantially from shifting away from deposit-type products and move towards mutual funds.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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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Contra Funds vs Multicap Funds

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You should have a time horizon of at least 5 to 6 years. All these categories are good. They invest in equity but have a different strategy. Most multi-cap funds will be growth-oriented. They’ll be investing in companies which are likely to go up in value because the companies are growing. It may not be cheap.

Value funds target to invest in those companies which are out of favour and are available at discount. So, it’s completely about buying cheap. In contra strategy, the companies may not be cheaper, but there could be special situation companies which are out of favour for some reason and the market is unwilling. It could be a turnaround situation.

So, these fund managers follow a different style of investing. I would say that they all fit into a portfolio. I would say that invest a third of your money in a value fund and invest 2/3 of your money in one multicap fund. That will do the job. If you are investing a large sum of money, maybe two multicap funds and one value fund will do the job. A third of money in value fund will work because different segments of the market do well at different points of time. This is another level of diversification which investors should be aware of.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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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You can write to us at

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Investing in Bond Funds

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Bond funds make a lot of sense for investors who are looking for slow but steady growth. They are tax-efficient too compared to the good old fixed deposits for individuals in higher income tax bracket. But contrary to popular perception of being risk-free, they are fraught with risks. Here are five factors you should be aware of before committing your money.

Credit risk

The portfolio of bond funds comprise investments in instruments such as treasury bills, commercial papers, government securities, certificate of deposits and bonds. Each of these differ from each other in terms of credit risk. Simply put, credit risk is the chance of default by the issuer of the instrument. Credit risk impacts investments in two ways. First, a default may lead to permanent loss of capital. In case of rated instruments, papers with AAA rating are seen as the safest bet. Not a single AAA rated long term instrument rated CRISIL AAA has ever defaulted, says CRISIL default study 2017.

A change in rating issued by rating agency also impacts bond prices. A rating upgrade pushes up bond prices and a downgrade pulls down prices. As per CRISIL default study 2017, during 2007-2017 around 95.3 percent of CRISIL AA ratings remained in that category at the end of one year; 1.2 percent were upgraded to CRISIL AAA and 3.5 percent were downgraded to CRISIL A category or lower. The numbers mentioned above are just for understanding purpose and are expected to change over a period of time.

Always check the portfolio of the schemes. If the fund manager is taking undue risks to boost the returns, avoid such funds. Liquid funds are marketed as safe investment bets. However, many of them invest in commercial papers issued by corporates which carry credit risk. Ideally, liquid funds should have a sizeable chunk of their money in treasury bills and government securities maturing in three months

If you are comfortable taking extra credit risk for extra returns, do consider credit risk funds. As the name suggest, these funds invest in bonds that carry high credit risk. These schemes are expected to reward you with extra returns for the extra risk you took.

Interest rate risk

Existing investors in bond funds have learnt it hard way over the past couple of years. For the uninitiated, when interest rates go up, bond prices fall and vice-versa. The 10 year benchmark yield has moved closer to 8 percent now as compared to 6.18 percent recorded on December 7, 2016. The rate of interest changes is seen the most in long dated bonds. If you have been holding long dated papers, you have pocketed moderate returns. Government securities funds investing in long term government bonds lost 0.6 percent over the last one year on an average.

If you are not too comfortable with interest rate risk, stick to short duration bond funds, which earned 4.5 percent over the past one year.

Expenses and exit loads

Double-digit returns potential in equity funds make many Indian mutual fund investors ignore the expense ratio of mutual fund schemes. In bond funds, you have to be very careful. Keep a track of expenses. Any uptick in expense ratio pulls down returns payable to investors

There are many short duration funds and corporate bond funds that invest in high quality papers and charge very low expenses. On the other hand, there are credit risk funds that charge high expenses and invest in low rated high risk bonds to earn extra returns.

“Investor returns – arrived at by deducting expense ratio from portfolio yield-to-maturity – must be compared by investors before taking investment decision

For example, a short duration fund investing in high quality papers may have portfolio YTM of 8.3 percent and have expense ratio of 40 basis points. Here investors are expected to pocket 7.9 percent returns, other things remaining the same. Now compare this with a credit risk fund that comes with YTM of 9.1 percent and expense ratio of 1.6 percent, which nets an investor 7.5 percent. If investors are not getting adequately compensated for the extra risk they are taking, then there is no point taking that extra risk.

Do check the exit loads at the time of investing. If you have to sell before the stipulated time, the fund house deducts exit load, eating into your returns.

Fund manager risk

There are many celebrity fund managers in the equity space. However, not many are bothered about knowing more about the fund manager when they are investing in bond funds. A fund manager’s role is critical in dynamic bond funds and credit risk funds as the fund manager takes interest rate calls and credit risk decisions.

Changes in AUM of the scheme

Large changes in assets under management may change the expense ratio of the fund. A sudden dip in the assets may push up the expense ratio leading to lower returns.

One should also understand that a few strategies work the best with limited money. Sudden large investments in credit risk funds may force the fund manager to settle for sub-optimal investments in already illiquid corporate bond market. However, this is not a risk in government bond funds, given the ample liquidity.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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

Debt Fund Categories

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Here’s a list of all the debt fund MF categories.

Debt MF Schemes

Category Scheme Characteristics
Overnight Fund Investment in overnight securities having maturity of 1 day
Liquid Fund Investment in Debt and money market securities with maturity of upto 91 days only
Ultra Short Duration Fund Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months
Low Duration Fund Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months- 12 months
Money Market Fund Investment in Money Market instruments having maturity upto 1 year
Short Duration Fund Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year – 3 years
Medium Duration Fund Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 years – 4 years
Medium to Long Duration Fund Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 4 – 7 years
Long Duration Fund Investment in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years
Dynamic Bond Investment across duration
Corporate Bond Fund Minimum investment in corporate bonds- 80% of total assets (only in highest rated instruments)
Credit Risk Fund Minimum investment in corporate bonds- 65% of total assets (investment in below highest rated instruments)
Banking and PSU Fund Minimum investment in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions- 80% of total assets
Gilt Fund Minimum investment in Gsecs- 80% of total assets (across maturity)
Gilt Fund with 10 year constant duration Minimum investment in Gsecs- 80% of total assets such that the Macaulay duration of the portfolio is equal to 10 years
Floater Fund Minimum investment in floating rate instruments- 65% of total assets

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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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You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

When to Sell a Mutual Fund?

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Compared to buying a mutual fund, investors often make worst decisions when it comes to selling them

The fact that there are so many mutual funds in India and choosing a suitable one is difficult is now understood by every saver. Everyone has a way around it, whether it’s advisors or websites or just asking around. However, there’s actually an even more difficult choice that investors face–which funds to sell off and when. Curiously, more knowledgeable and more involved investors face this problem a lot more than others. The reason is those of us who are active and involved investors always have an urge to do something. Such investors generally do well because because they learn, analyse and act more than others. Therefore, they start equating being good investors with doing something, often anything. Unfortunately, along with everything else, in practice, this also translates into being all too ready to sell off their investments.

There are many reasons for selling funds but not all of them are good ones. There can be exceptions but the good reasons tend to be about the investor’s own finances and the wrong reasons tend to be about the fund. Let me explain.

Overactive investors give three reasons for wanting to sell off a fund investment. One, they’ve made profits; two, they’ve made losses and three, they’ve made neither profits nor losses. That sounds like a joke but isn’t. Someone will say, ‘Now that my investments have gone up, shouldn’t I book profits?’ Alternatively, ‘This fund has lost a bit of money recently, shouldn’t I get out of it?’ And finally, ‘The fund has neither gained nor lost, shouldn’t I sell it.’ Basically, what I’m saying is that investors who have a bias for continuous action can create a logic for taking action out of any kind of situation.

And which is the right reason for selling a fund? Obviously, none of the ones above. By themselves, they are not legitimate reasons for selling a fund. The first comes from the spurious ‘booking profits’ concept that advisors have promoted. Booking profits doesn’t make sense for stocks, and it makes even less sense for mutual funds. In both, this attitude makes investors sell their winners and hang on to their losers. In mutual funds, the whole point is that there is a fund manager who is deciding for you which stocks to sell and which to buy. If the fund manager is doing this job well, then the fund is making good returns. Therefore, selling a fund that has made good returns is the exact reverse of what investors should be doing.

Let’s come to the second reason now. While selling underperformers is a legitimate idea, you need to evaluate the timeframe and the degree of underperformance. Investors try to sell funds that have generally excellent performance but may have underperformed other funds by small margins. Someone will say that over the last year, my fund has generated 25% but five other funds have generated 30% so I will switch to those. This switching based on short-term past performance is counterproductive and does nothing to improve your future returns. Only if a fund underperforms consistently for two or more years.

So when should investors actually sell their funds? The right answer is that they should be guided by their own financial goals. You should sell a fund and get your money out when you need it. Let’s say you have invested for five or ten or fifteen years, continued your SIPs, and now the money has grown to what you need. You may need to make a down payment for a house, or pay for your child’s education, or whatever else. If you’re getting close to that time, you should sell and redeem, irrespective of the state of the market. In fact, unless it’s an expense that can be postponed, you should start acting one or two years before time. Withdraw the money from the equity fund and start parking it in a liquid fund. You can use an automated STP (Systematic Transfer Plan) for this which will be convenient.

In a manner of speaking, the primary goal of investing is not to invest but to sell because that’s when you achieve your goal. Be guided by that.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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

About Equity Mutual Funds

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An equity mutual fund is a mutual fund that invests in stocks. They are a lucrative and interesting investment avenue present in the market today. Over the period of time, we have seen people moving from low-return instruments like NSC, Provident Fund and fixed deposits. Equity mutual funds not only help you get capital appreciation but also help save tax. There are options available under equity mutual funds which are specially designed to give you tax benefits. These funds may even provide you inflation-beaten returns in the future.

Here are the reasons why you should be investing in an equity mutual fund today:

1. They are aligned with your financial goal

Most of the funds are open-ended, which makes it easy to link the investments with any of your financial goals, like child marriage, child education, vacation, retirement planning, wealth creation etc. Investors can achieve their financial goals, as the schemes comfortably fit in the duration of any goal which they wish to get it fulfilled. However, make sure that the financial goal you are opting for should not be less than five years.

2. Diversification in stock investment

The amount invested through equity mutual funds are spread in substantial sectors and have holdings in various companies which allow mutual fund managers to spread the risk and reduce the future losses due to market volatility. Since the amount is invested through an expertise and a demonstrated performance, it is much safer compared to buying stocks directly.

3. Tax-saving element

Investors can avail tax benefits by investing in ELSS (Equity linked saving scheme) funds. These equity-linked tax saving investment schemes provide investors with total tax saving benefits of Rs 1.5 lakh under section 80C of the Income Tax Act, 1961.

4. They are Tax-free

Equity mutual funds, which are invested for more than one year of time horizon, are tax-free. Even dividend received till Rs 10 lakh from mutual funds is tax-free in the hands of investors.

5. Highly return-orientation

The scheme gets compounded returns which help in multiplying your money over a certain period of time. In a re-investment option, your earnings get reinvested and returns are calculated on every sum of the final earnings which includes return earnings of the previous years. The more you remain invested, the more you will be able to increase the potential of your inflation-beaten investment earnings.

6. Redemption is easy

Redemption of money from open-ended equity funds is relatively easy. You can invest through a direct plan using electronic clearing system (ECS) facility of your bank. Whenever you want to withdraw your free units, it can be done very smoothly through the redemption process. After signing the redemption form, it takes a maximum of three working days to get your money in the registered bank from where you have started your investments.

7. Offers versatility of investment

Investment in equity mutual funds can be done through a Systematic Investment Plan or in a lump sum. You have an option to stop or halt the instalments of your systematic investment plan. Investors also have the flexibility to go for the systematic withdrawal plan (SWP) which allows them the benefit of periodical withdrawal, at the same time retaining the fund.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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

Mutual Fund Reclassification

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Around 20%-30% of mutual fund schemes have seen a change in investment style after the Sebi-mandated recategorisation exercise.

Are you wondering why you are getting name change and category change emails from your fund house? Last month, based on the instructions of the Securities and Exchange Board of India (Sebi), mutual fund houses recategorised their schemes. What does mutual fund reclassification mean for you and how does it impact you?

Not all mutual funds have changed. “Funds that have seen changes can be classified into three levels — funds that simply changed the name; funds that have changed the category; and funds that have wound up and merged with another fund

Oall the funds that have seen changes, around 50%-60% have only changed names. “For instance, ICICI Prudential Balanced Fund and is now ICICI Prudential Equity and Debt Fund. The characteristic remains the same

Around 20%-30% of the mutual funds have seen a change in investment style. The remaining funds have either wound up their schemes and merged with another scheme. The third type of change is in 5%-10% funds—you have scheme A and scheme B, where scheme B dies and merges with scheme A. It doesn’t have a big impact on scheme A, but there is a huge impact on scheme B

What should you do?

If you are a mutual fund investor, you have to firstly take a look at your investment portfolio to see what is happening with your holdings. You need to go through all the schemes that you have. If there is no change to your mutual fund scheme, then you don’t have to do anything.

However, it is important to be aware of any changes. Do take a look again and if you are wondering where to find the information, go online. From an investor point of view, the most pertinent change is the second and third type of change — where the scheme has either changed the category or has got merged with another one. The funds that have had category changes and have been wound up and merged with larger scheme will require closer scrutiny. Here it varies from one fund to another. There is no blanket advisory possible at this point of time. You have to see, especially on the debt side, whether the fund has gone from, say, liquid fund to ultra-short term. “In case you see a major change in the objective of the fund then you should take a relook. In the debt fund space, there hasn’t been much of a change

Next, you have to check your overall portfolio and see whether you want to continue to remain in the same category. That assessment has to be done. The category changes are very diverse. Sometimes the risk has gone down, sometimes it has gone up. It has to be scrutinised on a case-by-case basis.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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

Hybrid Fund Categories

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Here’s a list of the seven new hybrid MF categories.

Hybrid MF Schemes

Category Scheme Characteristics
Conservative Hybrid Fund Investment in equity & equity related instruments- between 10% and 25% of total assets; Investment in Debt instruments- between 75% and 90% of total assets
Balanced Hybrid Fund* Equity & Equity related instruments- between 40% and 60% of total assets; Debt instruments- between 40% and 60% of total assets. No Arbitrage would be permitted in this scheme
Aggressive Hybrid Fund* Equity & Equity related instruments- between 65% and 80% of total assets; Debt instruments- between 20% 35% of total assets
Dynamic Asset Allocation or Balanced Advantage Investment in equity/ debt that is managed dynamically
Multi Asset Allocation# Invests in at least three asset classes with a minimum allocation of at least 10% each in all three asset classes
Arbitrage Fund Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments- 65% of total assets
Equity Savings Minimum investment in equity & equity related instruments- 65% of total assets and minimum investment in debt- 10% of total assets. Minimum hedged & unhedged to be stated in the SID.
*Mutual Funds will be permitted to offer either an Aggressive Hybrid fund or Balanced fund.
#Foreign securities will not be treated as a separate asset class

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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

Pay Less Tax with MIPs and Beat Inflation

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Retirees looking for regular income in their golden years should opt for these funds which invest a small portion of their corpus in equities and the rest in the safety of debt.

Retirees who invest in fixed deposits for regu lar income in retire ment don’t realise that their money is losing value due to inflation. Even though their monthly requirement will gradually go up due to inflation, their deposits will continue to give out a fixed amount. The best alternative are monthly income plans (MIPs) from mutual funds. These funds follow a conservative investment strategy, allocating only 1020% of their corpus to equities and putting the rest 80-90% in safer bonds and other debt instruments.The returns are not very spectacular but are enough to beat inflation.

The good thing about MIPs is the relative safety they offer. These funds will give investors good returns if stock markets do well but they will also protect the downside because of the limited exposure to equities.

MIPs are also more tax efficient than fixed deposits. Interest from fixed deposits is fully taxable. For a person in the 30% tax bracket, the post-tax returns from a fixed deposit that offers 8% is actually 5.6%.Worse, this income is taxed every year even though he may get it only after the deposit matures. Also, if it exceeds a certain limit, it attracts TDS, so there is no escape. Retired engineer Kalyan Ghosh was advised by friends to split his fixed deposits across different banks. That might help him escape TDS but the income will still be taxable.

On the other hand, the gains from MIP funds are taxed only when the investor redeems the investment. Even then, only the gains are taxed and that too at a lower rate (see box). Investing in MIPs can help retirees bring down their tax liability.

Is monthly income assured?

Though these are called “monthly income plans“, there is no assurance of monthly income. In fact, the dividend option of these funds is a very tax inefficient way to get a monthly income. Though the dividend received is tax-free, it comes to you after a heavy 30% dividend distribution tax. It is best to go for the growth option of the MIP fund and redeem units as and when you need the money. You can also start a systematic withdrawal plan (SWP) under which a fixed sum is redeemed every month and put into your bank account. Ideally, one should start redemptions after three years of investing for greater tax efficiency.

MIPs can be good source schemes for systematic transfer plans (STP) into equity funds. In an STP, a fixed sum flows out of the scheme to another scheme (usually an equity fund) on a predetermined day of the month or quarter.

Be wary of the charges though.MIPs have high charges (some charge up to 2.5%), which can be a drag on the overall returns.

Motilal Oswal Focused 25

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Motilal Oswal Focused 25

1/3 year return: 9.54 /9.91%

Top 10 holdings (%): 62

Top 3 holdings: HDFC Bank, Maruti, kotak Mahindra Bank

THE FUND manager aims to own compact portfolios of quality stocks with secular long-term growth prospects, with low portfolio churn. The fund prefers to restrict its holdings to no more than 25 companies. The fund manager follows a bottom up approach to stock picking and is index agnostic and does not hesitate in taking large concentrated bets in its portfolio. Stocks like HDFC bank, Kotak Bank have helped it outperform.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the 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